GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Eastern Media International Corp (TPE:2614) » Definitions » Interest Coverage

Eastern Media International (TPE:2614) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Eastern Media International 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. Eastern Media International's Operating Income for the three months ended in Dec. 2023 was NT$-33 Mil. Eastern Media International's Interest Expense for the three months ended in Dec. 2023 was NT$-82 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 Eastern Media International's Interest Coverage or its related term are showing as below:


TPE:2614's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.15
* 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.


Eastern Media International Interest Coverage Historical Data

The historical data trend for Eastern Media International'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.

Eastern Media International Interest Coverage Chart

Eastern Media International 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 - - 0.76 0.86 -

Eastern Media International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.48 - - 0.02 -

Competitive Comparison of Eastern Media International's Interest Coverage

For the Conglomerates subindustry, Eastern Media International'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.


Eastern Media International's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Eastern Media International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Eastern Media International's Interest Coverage falls into.



Eastern Media International 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.

Eastern Media International'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, Eastern Media International's Interest Expense was NT$-281 Mil. Its Operating Income was NT$-90 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$9,892 Mil.

Eastern Media International did not have earnings to cover the interest expense.

Eastern Media International's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Eastern Media International's Interest Expense was NT$-82 Mil. Its Operating Income was NT$-33 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$9,892 Mil.

Eastern Media International 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.


Eastern Media International  (TPE:2614) 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 .


Eastern Media International Interest Coverage Related Terms

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


Eastern Media International (TPE:2614) Business Description

Traded in Other Exchanges
N/A
Address
Fuxing South Road, 5th Floor, 8th Floor., No. 368, Section 1, Da'an District, Taipei, TWN, 106
Eastern Media International Corp is mainly based on business diversification. In addition to land development, grain trading, and consumer product development and sales, the company has diversified into new businesses such as cross-strait trade platforms and multimedia shopping through its investment in subsidiaries. It engages in forwarding, loading, and unloading cargo onto/from ships, handling and operating wharf and transit shed facilities, selling pet food and supplies, providing pet beauty service, video advertising services, and the production of related shows.

Eastern Media International (TPE:2614) Headlines

No Headlines