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STX Offshore & Shipbuilding Co., (XKRX:067250) Interest Coverage : 0 (At Loss) (As of Dec. 2013)


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What is STX Offshore & Shipbuilding 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. STX Offshore & Shipbuilding Co.,'s Operating Income for the three months ended in Dec. 2013 was ₩-950,061 Mil. STX Offshore & Shipbuilding Co.,'s Interest Expense for the three months ended in Dec. 2013 was ₩-106,329 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 STX Offshore & Shipbuilding Co.,'s Interest Coverage or its related term are showing as below:


XKRX:067250's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 13.77
* 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.


STX Offshore & Shipbuilding Co., Interest Coverage Historical Data

The historical data trend for STX Offshore & Shipbuilding 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.

STX Offshore & Shipbuilding Co., Interest Coverage Chart

STX Offshore & Shipbuilding Co., Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Coverage
Get a 7-Day Free Trial 0.03 0.56 2.08 - -

STX Offshore & Shipbuilding Co., Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 STX Offshore & Shipbuilding Co.,'s Interest Coverage

For the Specialty Industrial Machinery subindustry, STX Offshore & Shipbuilding 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.


STX Offshore & Shipbuilding Co.,'s Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, STX Offshore & Shipbuilding Co.,'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where STX Offshore & Shipbuilding Co.,'s Interest Coverage falls into.



STX Offshore & Shipbuilding 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.

STX Offshore & Shipbuilding Co.,'s Interest Coverage for the fiscal year that ended in Dec. 2013 is calculated as

Here, for the fiscal year that ended in Dec. 2013, STX Offshore & Shipbuilding Co.,'s Interest Expense was ₩-298,279 Mil. Its Operating Income was ₩-2,359,276 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩3,284,750 Mil.

STX Offshore & Shipbuilding Co., did not have earnings to cover the interest expense.

STX Offshore & Shipbuilding Co.,'s Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Here, for the three months ended in Dec. 2013, STX Offshore & Shipbuilding Co.,'s Interest Expense was ₩-106,329 Mil. Its Operating Income was ₩-950,061 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩3,284,750 Mil.

STX Offshore & Shipbuilding 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.


STX Offshore & Shipbuilding Co.,  (XKRX:067250) 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 .


STX Offshore & Shipbuilding Co., Interest Coverage Related Terms

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


STX Offshore & Shipbuilding Co., (XKRX:067250) Business Description

Traded in Other Exchanges
N/A
Address
100, Wonpo-Dong, Jinhae-Gu, Changwon, KOR, 645-703
STX Offshore & Shipbuilding Co., Ltd. was founded in 1967 and became a subsidiary of STX Group in 2001. The company builds and repairs various types of large ships. The company was recognized for its high export sales and its high quality-products.

STX Offshore & Shipbuilding Co., (XKRX:067250) Headlines

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