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Eastern Union Interactive (ROCO:7738) Interest Coverage : 24.67 (As of Dec. 2024)


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What is Eastern Union Interactive 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. Eastern Union Interactive's Operating Income for the six months ended in Dec. 2024 was NT$166.8 Mil. Eastern Union Interactive's Interest Expense for the six months ended in Dec. 2024 was NT$-6.8 Mil. Eastern Union Interactive's interest coverage for the quarter that ended in Dec. 2024 was 24.67. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Eastern Union Interactive's Interest Coverage or its related term are showing as below:

ROCO:7738' s Interest Coverage Range Over the Past 10 Years
Min: 3.96   Med: 6.3   Max: 13.88
Current: 13.88


ROCO:7738's Interest Coverage is ranked worse than
54.25% of 459 companies
in the Capital Markets industry
Industry Median: 20.1 vs ROCO:7738: 13.88

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


Eastern Union Interactive Interest Coverage Historical Data

The historical data trend for Eastern Union Interactive'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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Eastern Union Interactive Interest Coverage Chart

Eastern Union Interactive Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
- 6.30 3.96 13.88

Eastern Union Interactive Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial N/A 7.82 0.59 9.45 24.67

Competitive Comparison of Eastern Union Interactive's Interest Coverage

For the Capital Markets subindustry, Eastern Union Interactive'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.


Eastern Union Interactive's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Eastern Union Interactive's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Eastern Union Interactive's Interest Coverage falls into.


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Eastern Union Interactive 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.

Eastern Union Interactive'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, Eastern Union Interactive's Interest Expense was NT$-23.2 Mil. Its Operating Income was NT$322.2 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$6.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*322.213/-23.213
=13.88

Eastern Union Interactive's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Eastern Union Interactive's Interest Expense was NT$-6.8 Mil. Its Operating Income was NT$166.8 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$6.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*166.766/-6.76
=24.67

* 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.


Eastern Union Interactive  (ROCO:7738) 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 .


Eastern Union Interactive Interest Coverage Related Terms

Thank you for viewing the detailed overview of Eastern Union Interactive's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastern Union Interactive Business Description

Traded in Other Exchanges
N/A
Address
7F-1 , No. 51, Zhongyang Road, Sect. 4, Tucheng District, New Taipei, TWN
Website
Eastern Union Interactive Corp is a Company that offers a safe platform that provides safe and convenient cross-border financial services. Its service scope includes Indonesia, the Philippines, Vietnam, Thailand, etc. which is of positive help in guiding foreign migrant workers to handle remittances through legal channels and thereby establishing inclusive finance. It has obtained a foreign small-amount exchange license for foreign migrant workers in Taiwan. Legal services for foreign migrant workers working in Taiwan, Make cross-border remittances.

Eastern Union Interactive Headlines

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