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P-Duke Technology Co (ROCO:8109) Interest Coverage : 361.65 (As of Sep. 2024)


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What is P-Duke Technology Co 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. P-Duke Technology Co's Operating Income for the three months ended in Sep. 2024 was NT$127 Mil. P-Duke Technology Co's Interest Expense for the three months ended in Sep. 2024 was NT$-0 Mil. P-Duke Technology Co's interest coverage for the quarter that ended in Sep. 2024 was 361.65. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. P-Duke Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for P-Duke Technology Co's Interest Coverage or its related term are showing as below:

ROCO:8109' s Interest Coverage Range Over the Past 10 Years
Min: 29.64   Med: 41.88   Max: 431.1
Current: 431.1


ROCO:8109's Interest Coverage is ranked better than
90.93% of 2259 companies
in the Industrial Products industry
Industry Median: 14.52 vs ROCO:8109: 431.10

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


P-Duke Technology Co Interest Coverage Historical Data

The historical data trend for P-Duke Technology Co'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.

* Premium members only.

P-Duke Technology Co Interest Coverage Chart

P-Duke Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.26 39.27 53.18 29.64 53.83

P-Duke Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 113.45 460.46 451.80 459.56 361.65

Competitive Comparison of P-Duke Technology Co's Interest Coverage

For the Electrical Equipment & Parts subindustry, P-Duke Technology Co'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.


P-Duke Technology Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, P-Duke Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where P-Duke Technology Co's Interest Coverage falls into.



P-Duke Technology Co 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.

P-Duke Technology Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, P-Duke Technology Co's Interest Expense was NT$-13 Mil. Its Operating Income was NT$678 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$205 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*677.508/-12.585
=53.83

P-Duke Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, P-Duke Technology Co's Interest Expense was NT$-0 Mil. Its Operating Income was NT$127 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$191 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*127.3/-0.352
=361.65

* 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.


P-Duke Technology Co  (ROCO:8109) 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 .


P-Duke Technology Co Interest Coverage Related Terms

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P-Duke Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No 36, 22nd Road, Taichung Industrial Park, Nantun District, Taichung City, TWN, 40850
P-Duke Technology Co Ltd is a professional power supply company. It is engaged in the research, development, production, sales, and service of DC/DC converters and related products. The company owns, designs, and manufactures DC-DC converters & AC-DC power supplies business under the P-DUKE brand. Its product categories are AC-DC power supplies, converters, telecommunications equipment, computer software, and hardware peripheral equipment and their components.

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