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Hota Industrial Mfg Co (TPE:1536) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Hota Industrial Mfg 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. Hota Industrial Mfg Co's Operating Income for the three months ended in Mar. 2025 was NT$-75 Mil. Hota Industrial Mfg Co's Interest Expense for the three months ended in Mar. 2025 was NT$-67 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hota Industrial Mfg Co's Interest Coverage or its related term are showing as below:


TPE:1536's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.055
* 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.


Hota Industrial Mfg Co Interest Coverage Historical Data

The historical data trend for Hota Industrial Mfg 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.

Hota Industrial Mfg Co Interest Coverage Chart

Hota Industrial Mfg Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.72 5.07 4.41 2.38 -

Hota Industrial Mfg Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.56 - - - -

Competitive Comparison of Hota Industrial Mfg Co's Interest Coverage

For the Auto Parts subindustry, Hota Industrial Mfg 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.


Hota Industrial Mfg Co's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hota Industrial Mfg Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hota Industrial Mfg Co's Interest Coverage falls into.


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Hota Industrial Mfg 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.

Hota Industrial Mfg Co'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, Hota Industrial Mfg Co's Interest Expense was NT$-184 Mil. Its Operating Income was NT$-114 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$6,893 Mil.

Hota Industrial Mfg Co did not have earnings to cover the interest expense.

Hota Industrial Mfg Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Hota Industrial Mfg Co's Interest Expense was NT$-67 Mil. Its Operating Income was NT$-75 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$5,491 Mil.

Hota Industrial Mfg Co did not have earnings to cover the interest expense.

* 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.


Hota Industrial Mfg Co  (TPE:1536) 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 .


Hota Industrial Mfg Co Interest Coverage Related Terms

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Hota Industrial Mfg Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Keya Road, Daya District, Taichung, TWN, 42881
Hota Industrial Mfg Co Ltd is a Taiwan based company. The company has three divisions which includes transmission, machinery, and medical. The machinery division is mainly involved in gear machinery manufacturing. The gear machine product range includes gear shaving machine, gear deburring machine, gear hobbing machine. The transmission division portfolio includes planetary gear set, transfer case components, transmission shaft, hydraulic pump gears, input and output shafts, motorcycles rear shafts, and transmissions gear set, among others. The medical division offers electric wheelchairs and electric scooters. It generates operating revenue from the manufacturing and trading of related products for vehicle transmission parts.

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