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Sci Pharmtech (TPE:4119) Interest Coverage : 30.04 (As of Mar. 2024)


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What is Sci Pharmtech 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. Sci Pharmtech's Operating Income for the three months ended in Mar. 2024 was NT$45 Mil. Sci Pharmtech's Interest Expense for the three months ended in Mar. 2024 was NT$-1 Mil. Sci Pharmtech's interest coverage for the quarter that ended in Mar. 2024 was 30.04. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Sci Pharmtech's Interest Coverage or its related term are showing as below:

TPE:4119' s Interest Coverage Range Over the Past 10 Years
Min: 20.8   Med: 1026.36   Max: 258372.5
Current: 20.8


TPE:4119's Interest Coverage is ranked better than
57.19% of 675 companies
in the Drug Manufacturers industry
Industry Median: 12.98 vs TPE:4119: 20.80

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


Sci Pharmtech Interest Coverage Historical Data

The historical data trend for Sci Pharmtech'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.

Sci Pharmtech Interest Coverage Chart

Sci Pharmtech 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 13,406.17 24,427.88 1,796.54 110.98 25.48

Sci Pharmtech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 46.18 19.37 30.65 5.84 30.04

Competitive Comparison of Sci Pharmtech's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, Sci Pharmtech'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.


Sci Pharmtech's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sci Pharmtech's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sci Pharmtech's Interest Coverage falls into.



Sci Pharmtech 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.

Sci Pharmtech'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, Sci Pharmtech's Interest Expense was NT$-6 Mil. Its Operating Income was NT$160 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$846 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*160.3/-6.29
=25.48

Sci Pharmtech's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Sci Pharmtech's Interest Expense was NT$-1 Mil. Its Operating Income was NT$45 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$915 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*45.03/-1.499
=30.04

* 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.


Sci Pharmtech  (TPE:4119) 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 .


Sci Pharmtech Interest Coverage Related Terms

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


Sci Pharmtech (TPE:4119) Business Description

Traded in Other Exchanges
N/A
Address
No.61, Lane 309, Haihu North Road, Luzhu District, Taoyuan, TWN, 33856
Sci Pharmtech Inc is engaged in research and development, manufacture and sale of active pharmaceutical ingredients, intermediates, specialty chemicals. Geographically, the primary markets of company are Italy, Germany, Japan, Taiwan, United states, China, Switzerland, Spain and others.

Sci Pharmtech (TPE:4119) Headlines

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