Fortune Information Systems (TPE:2468) Interest Coverage : 173.29 (As of Mar. 2025)

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What is Fortune Information Systems 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. Fortune Information Systems's Operating Income for the three months ended in Mar. 2025 was NT$18 Mil. Fortune Information Systems's Interest Expense for the three months ended in Mar. 2025 was NT$-0 Mil. Fortune Information Systems's interest coverage for the quarter that ended in Mar. 2025 was 173.29. 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. Fortune Information Systems Corp has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Fortune Information Systems's Interest Coverage or its related term are showing as below:

TPE:2468' s Interest Coverage Range Over the Past 10 Years
Min: 21.57 Med: 60.85 Max: 3019.94
Current: 75.83

TPE:2468's Interest Coverage is ranked better than
64.77% of 1672 companies
in the Software industry
Industry Median: 26.095 vs TPE:2468: 75.83

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

Fortune Information Systems Interest Coverage Historical Data

The historical data trend for Fortune Information Systems'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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Fortune Information Systems Interest Coverage Chart

Fortune Information Systems Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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62.93

31.81

21.57

25.40

58.76

Fortune Information Systems 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															47.20	37.55	72.70	96.25	173.29

Competitive Comparison of Fortune Information Systems's Interest Coverage

For the Information Technology Services subindustry, Fortune Information Systems'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.

Fortune Information Systems's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Fortune Information Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fortune Information Systems's Interest Coverage falls into.

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Fortune Information Systems 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.

Fortune Information Systems'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, Fortune Information Systems's Interest Expense was NT$-1 Mil. Its Operating Income was NT$72 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$13 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	72.211	/	-1.229
	=	58.76

Fortune Information Systems's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Fortune Information Systems's Interest Expense was NT$-0 Mil. Its Operating Income was NT$18 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$12 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	17.502	/	-0.101
	=	173.29

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

Fortune Information Systems (TPE:2468) 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 .

Fortune Information Systems Interest Coverage Related Terms

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

Fortune Information Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fortune Information Systems Corp (TPE:2468) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 25, Lane 78, Xingai road, Neihu District, Taipei, TWN, 11494

Website

https://www.fis.com.tw

Fortune Information Systems Corp is engaged in providing system integration services like cloud IT infrastructure, network management and information security solutions, customer service and technical support, and operation uninterrupted solutions. The company earns revenue from Service revenue comes from system integration and maintenance of computer hardware and software, also Sales revenue comes from sales of computer hardware and software.

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