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Nano Electronics and Micro System Technology (ROCO:7730) Interest Coverage : 28.39 (As of Dec. 2024)


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What is Nano Electronics and Micro System Technology Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Nano Electronics and Micro System Technology's Operating Income for the six months ended in Dec. 2024 was NT$47.3 Mil. Nano Electronics and Micro System Technology's Interest Expense for the six months ended in Dec. 2024 was NT$-1.7 Mil. Nano Electronics and Micro System Technology's interest coverage for the quarter that ended in Dec. 2024 was 28.39. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Nano Electronics and Micro System Technology's Interest Coverage or its related term are showing as below:

ROCO:7730' s Interest Coverage Range Over the Past 10 Years
Min: 25.73   Med: 51.08   Max: 170.39
Current: 25.73


ROCO:7730's Interest Coverage is ranked better than
59.32% of 2281 companies
in the Industrial Products industry
Industry Median: 15.67 vs ROCO:7730: 25.73

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Nano Electronics and Micro System Technology Interest Coverage Historical Data

The historical data trend for Nano Electronics and Micro System Technology's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Nano Electronics and Micro System Technology Interest Coverage Chart

Nano Electronics and Micro System Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 40.02 170.39 138.45 51.08 25.73

Nano Electronics and Micro System Technology Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only 150.11 73.95 36.27 23.01 28.39

Competitive Comparison of Nano Electronics and Micro System Technology's Interest Coverage

For the Specialty Industrial Machinery subindustry, Nano Electronics and Micro System Technology's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nano Electronics and Micro System Technology's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nano Electronics and Micro System Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nano Electronics and Micro System Technology's Interest Coverage falls into.


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Nano Electronics and Micro System Technology Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nano Electronics and Micro System Technology's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Nano Electronics and Micro System Technology's Interest Expense was NT$-3.3 Mil. Its Operating Income was NT$84.9 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$144.3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*84.896/-3.3
=25.73

Nano Electronics and Micro System Technology's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Nano Electronics and Micro System Technology's Interest Expense was NT$-1.7 Mil. Its Operating Income was NT$47.3 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$144.3 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*47.327/-1.667
=28.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


Nano Electronics and Micro System Technology  (ROCO:7730) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Nano Electronics and Micro System Technology Interest Coverage Related Terms

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Nano Electronics and Micro System Technology Business Description

Traded in Other Exchanges
N/A
Address
No.100, Keji 5th Road, Tainan Technology Industrial Park, Annan District, Tainan, TWN, 709035
Nano Electronics and Micro System Technology Inc is a company focused on the research and development of plasma technology. The company takes cutting-edge technical services as its purpose, and aims to provide high-efficiency industrial-grade surface treatment solutions. The company's main equipment focuses on dry equipment for plasma surface treatment, which can perform surface cleaning, surface modification (Modification), surface etching, and even surface treatment of materials. Drilling is performed on special polymer materials.

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