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Hwacheon Machinery Co (XKRX:010660) Interest Coverage : N/A (As of Mar. 2025)


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What is Hwacheon Machinery 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. Hwacheon Machinery Co's Operating Income for the three months ended in Mar. 2025 was ₩-992 Mil. Hwacheon Machinery Co's Interest Expense for the three months ended in Mar. 2025 was ₩0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hwacheon Machinery Co's Interest Coverage or its related term are showing as below:

XKRX:010660' s Interest Coverage Range Over the Past 10 Years
Min: 38.47   Med: 494.97   Max: No Debt
Current: 38.47


XKRX:010660's Interest Coverage is ranked better than
66.87% of 2282 companies
in the Industrial Products industry
Industry Median: 15.66 vs XKRX:010660: 38.47

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


Hwacheon Machinery Co Interest Coverage Historical Data

The historical data trend for Hwacheon Machinery 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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Hwacheon Machinery Co Interest Coverage Chart

Hwacheon Machinery Co 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 - 306.82 61.98 - 80.37

Hwacheon Machinery Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 N/A 136.25 N/A - N/A

Competitive Comparison of Hwacheon Machinery Co's Interest Coverage

For the Specialty Industrial Machinery subindustry, Hwacheon Machinery 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.


Hwacheon Machinery Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hwacheon Machinery Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hwacheon Machinery Co's Interest Coverage falls into.


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Hwacheon Machinery 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.

Hwacheon Machinery 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, Hwacheon Machinery Co's Interest Expense was ₩-25 Mil. Its Operating Income was ₩2,033 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩66 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*2033.399/-25.299
=80.37

Hwacheon Machinery Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Hwacheon Machinery Co's Interest Expense was ₩0 Mil. Its Operating Income was ₩-992 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩66 Mil.

GuruFocus does not calculate Hwacheon Machinery Co's interest coverage with the available data.

* 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.


Hwacheon Machinery Co  (XKRX:010660) 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 .


Hwacheon Machinery Co Interest Coverage Related Terms

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Hwacheon Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
1022-7, Bangbae-dong, Seocho-Ku, Seoul, KOR
Hwacheon Machinery Co Ltd is a South Korea-based company engaged in the manufacturing and distribution of machine tools. Its products consist of machine centers, including vertical, horizontal and multi-tasking machine centers; computer numerical control (CNC) turning centers, including vertical, horizontal, twin-spindle and process-integrated turning centers; general and special purpose machines, including lathes, milling machines, grinding machines and drilling machines, and automobile parts, such as engine parts, cylinder blocks, cylinder heads and crankshafts.

Hwacheon Machinery Co Headlines

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