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Daemyung Sonoseason Co (XKRX:007720) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Daemyung Sonoseason 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. Daemyung Sonoseason Co's Operating Income for the three months ended in Mar. 2024 was ₩-1,348 Mil. Daemyung Sonoseason Co's Interest Expense for the three months ended in Mar. 2024 was ₩-870 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 Daemyung Sonoseason Co's Interest Coverage or its related term are showing as below:


XKRX:007720's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.11
* 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.


Daemyung Sonoseason Co Interest Coverage Historical Data

The historical data trend for Daemyung Sonoseason 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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Daemyung Sonoseason Co Interest Coverage Chart

Daemyung Sonoseason Co 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 1.24 - - - -

Daemyung Sonoseason Co 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 - - 0.49 - -

Competitive Comparison of Daemyung Sonoseason Co's Interest Coverage

For the Conglomerates subindustry, Daemyung Sonoseason 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.


Daemyung Sonoseason Co's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Daemyung Sonoseason Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Daemyung Sonoseason Co's Interest Coverage falls into.



Daemyung Sonoseason 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.

Daemyung Sonoseason Co'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, Daemyung Sonoseason Co's Interest Expense was ₩-3,296 Mil. Its Operating Income was ₩-1,589 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩1,748 Mil.

Daemyung Sonoseason Co did not have earnings to cover the interest expense.

Daemyung Sonoseason Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Daemyung Sonoseason Co's Interest Expense was ₩-870 Mil. Its Operating Income was ₩-1,348 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩1,739 Mil.

Daemyung Sonoseason Co 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.


Daemyung Sonoseason Co  (XKRX:007720) 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 .


Daemyung Sonoseason Co Interest Coverage Related Terms

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


Daemyung Sonoseason Co (XKRX:007720) Business Description

Traded in Other Exchanges
N/A
Address
262, Hanchigol-gil Seo-myeon, Hongcheon-gun, Gangwon-do, Hongcheon, KOR
Daemyung Sonoseason Co Ltd is engaged in the Security Division, Retail Division, B2B Division, and Pet MRO division. The Security Division develops, manufactures and sells for integrated video security solutions, including recorders, surveillance cameras, accessories, and integrated control software. Retail Division includes Goods & Goods, Logo Shop, Mom Kids, and other shops among others. B2B Distribution Division provides the make-to-order, wholesale, management service of MRO for leisure, plant, golf, lodging, and industry whereas Pet MRO is specialized in the pet industry, such as pet milk, pet food, and pet supplies.

Daemyung Sonoseason Co (XKRX:007720) Headlines

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