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Allied Supreme (TPE:4770) Interest Coverage : 299.66 (As of Dec. 2024)


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What is Allied Supreme 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. Allied Supreme's Operating Income for the three months ended in Dec. 2024 was NT$451 Mil. Allied Supreme's Interest Expense for the three months ended in Dec. 2024 was NT$-2 Mil. Allied Supreme's interest coverage for the quarter that ended in Dec. 2024 was 299.66. 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. Allied Supreme Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

TPE:4770' s Interest Coverage Range Over the Past 10 Years
Min: 73.41   Med: 340   Max: No Debt
Current: 318.86


TPE:4770's Interest Coverage is ranked better than
91.03% of 1193 companies
in the Chemicals industry
Industry Median: 10.31 vs TPE:4770: 318.86

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


Allied Supreme Interest Coverage Historical Data

The historical data trend for Allied Supreme'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.

Allied Supreme Interest Coverage Chart

Allied Supreme Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 99.96 474.61 567.52 340.00 318.86

Allied Supreme Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 308.27 341.17 314.79 319.64 299.66

Competitive Comparison of Allied Supreme's Interest Coverage

For the Specialty Chemicals subindustry, Allied Supreme'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.


Allied Supreme's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Allied Supreme's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Allied Supreme's Interest Coverage falls into.



Allied Supreme 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.

Allied Supreme'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, Allied Supreme's Interest Expense was NT$-6 Mil. Its Operating Income was NT$1,982 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$315 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1982.329/-6.217
=318.86

Allied Supreme's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Allied Supreme's Interest Expense was NT$-2 Mil. Its Operating Income was NT$451 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$315 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*451.284/-1.506
=299.66

* 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.


Allied Supreme  (TPE:4770) 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 .


Allied Supreme Interest Coverage Related Terms

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


Allied Supreme Business Description

Traded in Other Exchanges
N/A
Address
No. 20, Xiangong S. 2nd Road, Xianxi Township, Changhua, TWN, 50741
Allied Supreme Corp is engaged in the business of manufacturing and selling surface coating treatment of various metals and non-metals, special surface treatment of various machinery and parts, and finished and semi-finished products such as fluorinated resin raw material round bars and flat plates.

Allied Supreme Headlines

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