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Elite Semiconductor Microelectronics Tech (TPE:3006) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Elite Semiconductor Microelectronics Tech 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. Elite Semiconductor Microelectronics Tech's Operating Income for the three months ended in Mar. 2025 was NT$-156 Mil. Elite Semiconductor Microelectronics Tech's Interest Expense for the three months ended in Mar. 2025 was NT$-19 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 Elite Semiconductor Microelectronics Tech's Interest Coverage or its related term are showing as below:


TPE:3006'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.


Elite Semiconductor Microelectronics Tech Interest Coverage Historical Data

The historical data trend for Elite Semiconductor Microelectronics Tech'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.

Elite Semiconductor Microelectronics Tech Interest Coverage Chart

Elite Semiconductor Microelectronics Tech 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 99.44 287.26 23.64 - -

Elite Semiconductor Microelectronics Tech 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 - 0.04 2.60 - -

Competitive Comparison of Elite Semiconductor Microelectronics Tech's Interest Coverage

For the Semiconductors subindustry, Elite Semiconductor Microelectronics Tech'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.


Elite Semiconductor Microelectronics Tech's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Elite Semiconductor Microelectronics Tech's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Elite Semiconductor Microelectronics Tech's Interest Coverage falls into.


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Elite Semiconductor Microelectronics Tech 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.

Elite Semiconductor Microelectronics Tech'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, Elite Semiconductor Microelectronics Tech's Interest Expense was NT$-71 Mil. Its Operating Income was NT$-395 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$2,100 Mil.

Elite Semiconductor Microelectronics Tech did not have earnings to cover the interest expense.

Elite Semiconductor Microelectronics Tech's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Elite Semiconductor Microelectronics Tech's Interest Expense was NT$-19 Mil. Its Operating Income was NT$-156 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$2,026 Mil.

Elite Semiconductor Microelectronics Tech 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.


Elite Semiconductor Microelectronics Tech  (TPE:3006) 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 .


Elite Semiconductor Microelectronics Tech Interest Coverage Related Terms

Thank you for viewing the detailed overview of Elite Semiconductor Microelectronics Tech's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Elite Semiconductor Microelectronics Tech Business Description

Traded in Other Exchanges
N/A
Address
Number 23, Industry E. Road IV, Science-Base Park, Hsinchu, TWN, 300093
Elite Semiconductor Microelectronics Tech Inc is a Taiwan-based company engaged in the design of memory-integrated circuit boards. The company generates part of its revenue domestically, with the majority of revenue earned in the Asia region outside Taiwan. The company designs, manufactures, markets, and produces dynamic random-access memory, static random-access memory, and flash memory. Products are used in applications such as personal computer storage, portable electronic devices, communication devices, mobile phones, and servers.

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