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Everfocus Electronics (TPE:5484) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Everfocus Electronics 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. Everfocus Electronics's Operating Income for the three months ended in Mar. 2024 was NT$-40.4 Mil. Everfocus Electronics's Interest Expense for the three months ended in Mar. 2024 was NT$-1.1 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 Everfocus Electronics's Interest Coverage or its related term are showing as below:


TPE:5484's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.48
* 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.


Everfocus Electronics Interest Coverage Historical Data

The historical data trend for Everfocus Electronics'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.

Everfocus Electronics Interest Coverage Chart

Everfocus Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Everfocus Electronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Everfocus Electronics's Interest Coverage

For the Security & Protection Services subindustry, Everfocus Electronics'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.


Everfocus Electronics's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Everfocus Electronics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Everfocus Electronics's Interest Coverage falls into.



Everfocus Electronics 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.

Everfocus Electronics'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, Everfocus Electronics's Interest Expense was NT$-5.5 Mil. Its Operating Income was NT$-71.2 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$14.2 Mil.

Everfocus Electronics did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2024, Everfocus Electronics's Interest Expense was NT$-1.1 Mil. Its Operating Income was NT$-40.4 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$12.1 Mil.

Everfocus Electronics 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.


Everfocus Electronics  (TPE:5484) 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 .


Everfocus Electronics Interest Coverage Related Terms

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Everfocus Electronics (TPE:5484) Business Description

Traded in Other Exchanges
N/A
Address
Beishen Road, Shenkeng District, 2nd Floor, No. 8, Lane 270, Section 3, New Taipei City, TWN
Everfocus Electronics Corp provides diversified surveillance solutions. The Company is engaged in the design, manufacture, installation, sales and import/export of all kinds of surveillance products such as video processors and electronic cameras. It is a manufacturer and integrated system solution provider of CCTV cameras, DVRs, IP surveillance solutions, access control systems, and further CCTV and access control peripherals. The company's solutions used in transportation, and city surveillance.

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