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Medicox Co (XKRX:054180) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Medicox 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. Medicox Co's Operating Income for the three months ended in Dec. 2023 was ₩-2,852 Mil. Medicox Co's Interest Expense for the three months ended in Dec. 2023 was ₩-990 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 Medicox Co's Interest Coverage or its related term are showing as below:


XKRX:054180's Interest Coverage is not ranked *
in the Aerospace & Defense industry.
Industry Median: 7.205
* 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.


Medicox Co Interest Coverage Historical Data

The historical data trend for Medicox 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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Medicox Co Interest Coverage Chart

Medicox Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Medicox Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Medicox Co's Interest Coverage

For the Aerospace & Defense subindustry, Medicox 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.


Medicox Co's Interest Coverage Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Medicox Co's Interest Coverage distribution charts can be found below:

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



Medicox 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.

Medicox 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, Medicox Co's Interest Expense was ₩-3,948 Mil. Its Operating Income was ₩-10,523 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩429 Mil.

Medicox Co did not have earnings to cover the interest expense.

Medicox Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Medicox Co's Interest Expense was ₩-990 Mil. Its Operating Income was ₩-2,852 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩429 Mil.

Medicox 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.


Medicox Co  (XKRX:054180) 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 .


Medicox Co Interest Coverage Related Terms

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


Medicox Co (XKRX:054180) Business Description

Traded in Other Exchanges
N/A
Address
40, Nonhyeon-ro 28-gil, 3rd Floor, Deogyeong Building, Gangnam-gu, Seoul, KOR, 137-902
Medicox Co Ltd is specialized in manufacturing curved blocks of large ships. It produces blocks and supplies them to various large shipbuilding companies in Korea.

Medicox Co (XKRX:054180) Headlines

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