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Korea Plasma Technology U Co (XKRX:054410) Interest Coverage : 0.36 (As of Dec. 2024)


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What is Korea Plasma Technology U 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. Korea Plasma Technology U Co's Operating Income for the three months ended in Dec. 2024 was ₩132 Mil. Korea Plasma Technology U Co's Interest Expense for the three months ended in Dec. 2024 was ₩-369 Mil. Korea Plasma Technology U Co's interest coverage for the quarter that ended in Dec. 2024 was 0.36. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Korea Plasma Technology U Co's Interest Coverage or its related term are showing as below:

XKRX:054410' s Interest Coverage Range Over the Past 10 Years
Min: 0.41   Med: 1.08   Max: 3.18
Current: 0.5


XKRX:054410's Interest Coverage is ranked worse than
97.94% of 2285 companies
in the Industrial Products industry
Industry Median: 15.91 vs XKRX:054410: 0.50

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


Korea Plasma Technology U Co Interest Coverage Historical Data

The historical data trend for Korea Plasma Technology U 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.

Korea Plasma Technology U Co Interest Coverage Chart

Korea Plasma Technology U 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 1.18 1.16 0.73 0.41 0.50

Korea Plasma Technology U Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.19 0.35 1.13 0.15 0.36

Competitive Comparison of Korea Plasma Technology U Co's Interest Coverage

For the Specialty Industrial Machinery subindustry, Korea Plasma Technology U 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.


Korea Plasma Technology U Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Korea Plasma Technology U Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Korea Plasma Technology U Co's Interest Coverage falls into.


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Korea Plasma Technology U 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.

Korea Plasma Technology U 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, Korea Plasma Technology U Co's Interest Expense was ₩-1,525 Mil. Its Operating Income was ₩757 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*757.223/-1525.392
=0.50

Korea Plasma Technology U Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Korea Plasma Technology U Co's Interest Expense was ₩-369 Mil. Its Operating Income was ₩132 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*132.478/-368.884
=0.36

* 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.


Korea Plasma Technology U Co  (XKRX:054410) 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 .


Korea Plasma Technology U Co Interest Coverage Related Terms

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


Korea Plasma Technology U Co Business Description

Traded in Other Exchanges
N/A
Address
308-1, Gwaerang-Ri, Jeongnam-Myeon, Hwaseong, Gyeonggi, KOR, 445-965
Korea Plasma Technology U Co Ltd is involved in manufacturing thermal process machineries such as plasma surface treatment system. The company also manufactures vacuum treatment system used in various industrial manufacturing facilities.

Korea Plasma Technology U Co Headlines

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