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C-Site Co (XKRX:109670) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is C-Site 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. C-Site Co's Operating Income for the three months ended in Mar. 2025 was ₩-15 Mil. C-Site Co's Interest Expense for the three months ended in Mar. 2025 was ₩-358 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 C-Site Co's Interest Coverage or its related term are showing as below:


XKRX:109670's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.135
* 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.


C-Site Co Interest Coverage Historical Data

The historical data trend for C-Site 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.

C-Site Co Interest Coverage Chart

C-Site Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
18.61 33.18 10.82 0.38 0.65

C-Site Co Quarterly Data
Dec20 Dec21 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 2.47 0.54 3.63 - -

Competitive Comparison of C-Site Co's Interest Coverage

For the Apparel Manufacturing subindustry, C-Site 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.


C-Site Co's Interest Coverage Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, C-Site Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where C-Site Co's Interest Coverage falls into.


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C-Site 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.

C-Site 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, C-Site Co's Interest Expense was ₩-1,941 Mil. Its Operating Income was ₩1,254 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩517 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1254.258/-1940.637
=0.65

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

Here, for the three months ended in Mar. 2025, C-Site Co's Interest Expense was ₩-358 Mil. Its Operating Income was ₩-15 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩423 Mil.

C-Site 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.


C-Site Co  (XKRX:109670) 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 .


C-Site Co Interest Coverage Related Terms

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


C-Site Co Business Description

Traded in Other Exchanges
N/A
Address
625 Teheran-ro, 2nd and 7th floors, Deokmyeong Building, Gangnam-gu, Samseong-dong, Seoul, KOR
C-Site Co Ltd is a clothing manufacturing company that produces knit clothing using Original Equipment Manufacturing and some Original Development Manufacturing methods. Their main product is KNIT, and majority of the sales are made through the OEM method. The customers include GAP, American Eagle Outfitters, H & M Hennes & Mauritz AB, and all products are manufactured and exported from overseas subsidiaries.

C-Site Co Headlines

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