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Sewoonmedical Co (XKRX:100700) Interest Coverage : 267.69 (As of Mar. 2025)


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What is Sewoonmedical 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. Sewoonmedical Co's Operating Income for the three months ended in Mar. 2025 was ₩2,755 Mil. Sewoonmedical Co's Interest Expense for the three months ended in Mar. 2025 was ₩-10 Mil. Sewoonmedical Co's interest coverage for the quarter that ended in Mar. 2025 was 267.69. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sewoonmedical Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKRX:100700' s Interest Coverage Range Over the Past 10 Years
Min: 237.7   Med: 397.71   Max: 1970.27
Current: 264.11


XKRX:100700's Interest Coverage is ranked better than
83.63% of 446 companies
in the Medical Devices & Instruments industry
Industry Median: 17.335 vs XKRX:100700: 264.11

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


Sewoonmedical Co Interest Coverage Historical Data

The historical data trend for Sewoonmedical 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.

Sewoonmedical Co Interest Coverage Chart

Sewoonmedical 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 455.11 489.25 340.30 468.91 310.61

Sewoonmedical Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 505.61 341.55 251.25 215.17 267.69

Competitive Comparison of Sewoonmedical Co's Interest Coverage

For the Medical Devices subindustry, Sewoonmedical 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.


Sewoonmedical Co's Interest Coverage Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sewoonmedical Co's Interest Coverage distribution charts can be found below:

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


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Sewoonmedical 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.

Sewoonmedical 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, Sewoonmedical Co's Interest Expense was ₩-37 Mil. Its Operating Income was ₩11,377 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩772 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*11376.806/-36.627
=310.61

Sewoonmedical Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Sewoonmedical Co's Interest Expense was ₩-10 Mil. Its Operating Income was ₩2,755 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩707 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*2755.323/-10.293
=267.69

* 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.


Sewoonmedical Co  (XKRX:100700) 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 .


Sewoonmedical Co Interest Coverage Related Terms

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


Sewoonmedical Co Business Description

Traded in Other Exchanges
N/A
Address
60 Dorim-gil, Ipjang-myeon, Seobuk-gu, Chungcheongnam-Do, Cheonan, KOR
Sewoonmedical Co Ltd engages in the research and development, manufacture, and sale of medical products in South Korea. It provides wound drainage systems, urinary catheters and tubes, drainage catheters and tubes, respiratory and tracheal tubes, infusion catheters and tubes, and wound care products. The company also offers unigel, thermosens, epistim, bonastent, and other products.

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