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THine Electronics (TSE:6769) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is THine 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. THine Electronics's Operating Income for the three months ended in Dec. 2024 was 円0 Mil. THine Electronics's Interest Expense for the three months ended in Dec. 2024 was 円0 Mil. THine Electronics has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


TSE:6769'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.


THine Electronics Interest Coverage Historical Data

The historical data trend for THine 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.

THine Electronics Interest Coverage Chart

THine Electronics 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 - 2,150.24 1,499.98 - 153.13

THine Electronics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 - - - - No Debt

Competitive Comparison of THine Electronics's Interest Coverage

For the Semiconductors subindustry, THine 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.


THine Electronics's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, THine Electronics's Interest Coverage distribution charts can be found below:

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


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THine 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.

THine Electronics'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, THine Electronics's Interest Expense was 円-0 Mil. Its Operating Income was 円28 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*28.023/-0.183
=153.13

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

Here, for the three months ended in Dec. 2024, THine Electronics's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

THine Electronics had no debt (1).

* 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.


THine Electronics  (TSE:6769) 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 .


THine Electronics Interest Coverage Related Terms

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


THine Electronics Business Description

Traded in Other Exchanges
N/A
Address
9-1 Kanda-mitoshiro-cho MD-Kanda Building, Chiyoda-ku, Tokyo, JPN, 101-0053
THine Electronics Inc is a Japanese based fabless semiconductor maker. Together with its subsidiaries, the firm is engaged in planning, designing, and sales of mixed-signal LSIs and ASSP (Application Specific Standard Products). Its products are used in automotive, medical, camera, gaming, multifunction printer, mobiles, and projector. Its product portfolio includes motor driver, power module, a timing controller, image signal processor (ISP), repeater among others. The company has a geographic presence in Japan, Korea, China, Taiwan, Europe, and North America.

THine Electronics Headlines

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