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Taesan LCD Company (XKRX:036210) Interest Coverage : 0 (At Loss) (As of Sep. 2013)


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What is Taesan LCD Company 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. Taesan LCD Company's Operating Income for the three months ended in Sep. 2013 was ₩-1,120 Mil. Taesan LCD Company's Interest Expense for the three months ended in Sep. 2013 was ₩-2,092 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 Taesan LCD Company's Interest Coverage or its related term are showing as below:


XKRX:036210's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.61
* 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.


Taesan LCD Company Interest Coverage Historical Data

The historical data trend for Taesan LCD Company'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.

Taesan LCD Company Interest Coverage Chart

Taesan LCD Company Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Interest Coverage
0.30 3.33 1.13 0.80 -

Taesan LCD Company Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 - - - - -

Competitive Comparison of Taesan LCD Company's Interest Coverage

For the Electronic Components subindustry, Taesan LCD Company'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.


Taesan LCD Company's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taesan LCD Company's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Taesan LCD Company's Interest Coverage falls into.



Taesan LCD Company 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.

Taesan LCD Company's Interest Coverage for the fiscal year that ended in Dec. 2011 is calculated as

Here, for the fiscal year that ended in Dec. 2011, Taesan LCD Company's Interest Expense was ₩-7,884 Mil. Its Operating Income was ₩-4,424 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩141,865 Mil.

Taesan LCD Company did not have earnings to cover the interest expense.

Taesan LCD Company's Interest Coverage for the quarter that ended in Sep. 2013 is calculated as

Here, for the three months ended in Sep. 2013, Taesan LCD Company's Interest Expense was ₩-2,092 Mil. Its Operating Income was ₩-1,120 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0 Mil.

Taesan LCD Company 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.


Taesan LCD Company  (XKRX:036210) 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 .


Taesan LCD Company Interest Coverage Related Terms

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Taesan LCD Company (XKRX:036210) Business Description

Traded in Other Exchanges
N/A
Address
Website
Taesan LCD Co., Ltd. was established in 1983. The company manufactures TFT-LCD. The company also mass-produced backlight units for TFT-LCD. The company was recognized for its high-quality products and high export sales.

Taesan LCD Company (XKRX:036210) Headlines

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