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Trony Solar Holdings Co (STU:6TO) Interest Coverage : No Debt (1) (As of Dec. 2017)


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What is Trony Solar Holdings 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. Trony Solar Holdings Co's Operating Income for the six months ended in Dec. 2017 was €-3.86 Mil. Trony Solar Holdings Co's Interest Expense for the six months ended in Dec. 2017 was €0.00 Mil. Trony Solar Holdings Co has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Trony Solar Holdings Co's Interest Coverage or its related term are showing as below:


STU:6TO's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20
* Ranked among companies with meaningful Interest Coverage only.

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


Trony Solar Holdings Co Interest Coverage Historical Data

The historical data trend for Trony Solar Holdings 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.

Trony Solar Holdings Co Interest Coverage Chart

Trony Solar Holdings Co Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Interest Coverage
Get a 7-Day Free Trial - - - No Debt No Debt

Trony Solar Holdings Co Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Trony Solar Holdings Co's Interest Coverage

For the Semiconductors subindustry, Trony Solar Holdings 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.


Trony Solar Holdings Co's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Trony Solar Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Trony Solar Holdings Co's Interest Coverage falls into.


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Trony Solar Holdings 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.

Trony Solar Holdings Co's Interest Coverage for the fiscal year that ended in Jun. 2017 is calculated as

Here, for the fiscal year that ended in Jun. 2017, Trony Solar Holdings Co's Interest Expense was €0.00 Mil. Its Operating Income was €-9.00 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Trony Solar Holdings Co had no debt (1).

Trony Solar Holdings Co's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Here, for the six months ended in Dec. 2017, Trony Solar Holdings Co's Interest Expense was €0.00 Mil. Its Operating Income was €-3.86 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Trony Solar Holdings Co had no debt (1).

* 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.


Trony Solar Holdings Co  (STU:6TO) 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 .


Trony Solar Holdings Co Interest Coverage Related Terms

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Trony Solar Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
Keyuan Road, Middle District of Science Park, Room 1403, Building A4, Kexing Science Park, Nanshan District, Shenzhen, CHN, 518048
Trony Solar Holdings Co Ltd is engaged in the manufacture of semiconductors and related devices. It is also involved in the manufacture and sale of solar products. The company operates its business through two segments: The Manufacture and Sale of Solar Products segment and Construction of Photovoltaic Cells segment. The company products include standard modules, integrated kits, building integrated photovoltaics, and embedded modules. The Manufacture and Sale of Solar Products segment contribute majorly towards firm's revenue. Most of the firm's revenue gets derived from China.

Trony Solar Holdings Co Headlines

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