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Siward Crystal Technology Co (TPE:2484) Interest Coverage : 18.52 (As of Mar. 2025)


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What is Siward Crystal 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. Siward Crystal Technology Co's Operating Income for the three months ended in Mar. 2025 was NT$22 Mil. Siward Crystal Technology Co's Interest Expense for the three months ended in Mar. 2025 was NT$-1 Mil. Siward Crystal Technology Co's interest coverage for the quarter that ended in Mar. 2025 was 18.52. The higher the ratio, the stronger the company's financial strength is.

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

TPE:2484' s Interest Coverage Range Over the Past 10 Years
Min: 12.26   Med: 28.12   Max: 61.97
Current: 17.62


TPE:2484's Interest Coverage is ranked better than
55.72% of 1601 companies
in the Hardware industry
Industry Median: 13.09 vs TPE:2484: 17.62

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


Siward Crystal Technology Co Interest Coverage Historical Data

The historical data trend for Siward Crystal 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.

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Siward Crystal Technology Co Interest Coverage Chart

Siward Crystal Technology 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 38.00 61.97 60.32 20.86 12.26

Siward Crystal Technology 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 1.94 14.25 36.65 6.39 18.52

Competitive Comparison of Siward Crystal Technology Co's Interest Coverage

For the Electronic Components subindustry, Siward Crystal 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.


Siward Crystal Technology Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Siward Crystal Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Siward Crystal Technology Co's Interest Coverage falls into.


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Siward Crystal 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.

Siward Crystal Technology 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, Siward Crystal Technology Co's Interest Expense was NT$-7 Mil. Its Operating Income was NT$87 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$51 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*86.654/-7.067
=12.26

Siward Crystal Technology Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Siward Crystal Technology Co's Interest Expense was NT$-1 Mil. Its Operating Income was NT$22 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$63 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*22.016/-1.189
=18.52

* 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.


Siward Crystal Technology Co  (TPE:2484) 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 .


Siward Crystal Technology Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Siward Crystal Technology Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Siward Crystal Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Lane 111, Zhongshan Road, No. 11-1, Section 3, Tanzi District, Taichung, TWN, 42756
Siward Crystal Technology Co Ltd operates as a manufacturer in the crystals and oscillators industry. It is engaged in the research and development, design, production, and sales of quartz frequency control components. The company's product line includes artificial crystals, quartz chips, SAW WAFER, as well as quartz crystals, crystal oscillators, crystal filters, temperature compensation, and voltage control products etc., with a sound supply chain system to provide customers with a full range of services. The company's reportable segments include Siward Taiwan, Siward Japan, Apex Optech Corporation, and others. It generates maximum revenue from the Siward Taiwan segment.

Siward Crystal Technology Co Headlines

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