Cho Bi Co (XKRX:001550) Interest Coverage : 0 (At Loss) (As of Dec. 2024)

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What is Cho Bi Co 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. Cho Bi Co's Operating Income for the three months ended in Dec. 2024 was ₩-406 Mil. Cho Bi Co's Interest Expense for the three months ended in Dec. 2024 was ₩-450 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 Cho Bi Co's Interest Coverage or its related term are showing as below:

XKRX:001550' s Interest Coverage Range Over the Past 10 Years
Min: 0.85 Med: 2.04 Max: 9.53
Current: 2.35

XKRX:001550's Interest Coverage is ranked worse than
83.25% of 191 companies
in the Agriculture industry
Industry Median: 6.93 vs XKRX:001550: 2.35

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

Cho Bi Co Interest Coverage Historical Data

The historical data trend for Cho Bi Co'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.

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Cho Bi Co Interest Coverage Chart

Cho Bi Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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5.45

6.11

9.53

2.35

Cho Bi Co 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															-	4.08	7.33	-	-

Competitive Comparison of Cho Bi Co's Interest Coverage

For the Agricultural Inputs subindustry, Cho Bi Co'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.

Cho Bi Co's Interest Coverage Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Cho Bi Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cho Bi Co's Interest Coverage falls into.

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Cho Bi Co 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.

Cho Bi Co'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, Cho Bi Co's Interest Expense was ₩-2,057 Mil. Its Operating Income was ₩4,828 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩163 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	4828.395	/	-2057.147
	=	2.35

Cho Bi Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Cho Bi Co's Interest Expense was ₩-450 Mil. Its Operating Income was ₩-406 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩163 Mil.

Cho Bi Co did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Cho Bi Co (XKRX:001550) 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 .

Cho Bi Co Interest Coverage Related Terms

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

Cho Bi Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Cho Bi Co Ltd (XKRX:001550) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

1337-4 Seocho-2-Dong, DongOh Building, Seoul, KOR, 135-860

Website

http://www.chobi.co.kr

Cho Bi Co Ltd is a South Korea-based company mainly engaged in the manufacturing and distributing of fertilizers. Its fertilizer products consist of compound fertilizers for top dressing, which are used for horticulture, fruit trees, and paddy rice; bulk bending fertilizers; compound fertilizers for basal dressing, which are used for tobacco, peanuts, vegetables, garlic and onions, fruit and fruit trees, chestnuts, rice seedbeds, paddy rice, potatoes and turfs and other types of fertilizers.

Cho Bi Co Headlines

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