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KT Skylife Co (XKRX:053210) Interest Coverage : 2.61 (As of Mar. 2024)


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What is KT Skylife 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. KT Skylife Co's Operating Income for the three months ended in Mar. 2024 was ₩2,870 Mil. KT Skylife Co's Interest Expense for the three months ended in Mar. 2024 was ₩-1,100 Mil. KT Skylife Co's interest coverage for the quarter that ended in Mar. 2024 was 2.61. The higher the ratio, the stronger the company's financial strength is.

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

XKRX:053210' s Interest Coverage Range Over the Past 10 Years
Min: 0.19   Med: 39.23   Max: 289.68
Current: 0.19


XKRX:053210's Interest Coverage is ranked worse than
98.56% of 623 companies
in the Media - Diversified industry
Industry Median: 11.54 vs XKRX:053210: 0.19

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


KT Skylife Co Interest Coverage Historical Data

The historical data trend for KT Skylife 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.

* Premium members only.

KT Skylife Co Interest Coverage Chart

KT Skylife 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 70.83 289.68 33.02 11.29 2.58

KT Skylife 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 9.87 12.64 4.25 - 2.61

Competitive Comparison of KT Skylife Co's Interest Coverage

For the Broadcasting subindustry, KT Skylife 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.


KT Skylife Co's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, KT Skylife Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where KT Skylife Co's Interest Coverage falls into.



KT Skylife 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.

KT Skylife 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, KT Skylife Co's Interest Expense was ₩-5,444 Mil. Its Operating Income was ₩14,067 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩71,636 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*14067.497/-5443.539
=2.58

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

Here, for the three months ended in Mar. 2024, KT Skylife Co's Interest Expense was ₩-1,100 Mil. Its Operating Income was ₩2,870 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩71,009 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*2870.419/-1100.453
=2.61

* 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.


KT Skylife Co  (XKRX:053210) 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 .


KT Skylife Co Interest Coverage Related Terms

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KT Skylife Co (XKRX:053210) Business Description

Traded in Other Exchanges
N/A
Address
14th Floor, Korea First Bank Building, Gongpyeong-dong, Jongno-gu, Seoul, KOR, 110-702
KT Skylife Co Ltd is a Korea-based broadcasting company. It is engaged in the provision of digital satellite broadcasting services under the brand name of Skylife. The company provides television (TV) channel services, digital video and audio services, high-definition (HD) multichannel services, personal video recording (PVR) services, interactive broadcasting services, near video on demand (NVOD) channel services, English language packaged channel services, mobile services, TV services for vehicles, services for protection of children by locking adult channels, and others. It also involves in the production of broadcasting contents, such as TV entertainment programs.

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