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IFamilySC Co (XKRX:114840) Interest Coverage : 63.68 (As of Jun. 2024)


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What is IFamilySC 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. IFamilySC Co's Operating Income for the three months ended in Jun. 2024 was ₩6,956 Mil. IFamilySC Co's Interest Expense for the three months ended in Jun. 2024 was ₩-109 Mil. IFamilySC Co's interest coverage for the quarter that ended in Jun. 2024 was 63.68. 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. IFamilySC Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKRX:114840' s Interest Coverage Range Over the Past 10 Years
Min: 33.44   Med: 51.4   Max: 213.07
Current: 70.46


XKRX:114840's Interest Coverage is ranked better than
85.4% of 411 companies
in the Conglomerates industry
Industry Median: 5.26 vs XKRX:114840: 70.46

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


IFamilySC Co Interest Coverage Historical Data

The historical data trend for IFamilySC 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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IFamilySC Co Interest Coverage Chart

IFamilySC Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
44.93 183.94 213.07 33.44 51.40

IFamilySC Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 43.79 59.32 63.80 92.33 63.68

Competitive Comparison of IFamilySC Co's Interest Coverage

For the Conglomerates subindustry, IFamilySC 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.


IFamilySC Co's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, IFamilySC Co's Interest Coverage distribution charts can be found below:

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



IFamilySC 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.

IFamilySC 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, IFamilySC Co's Interest Expense was ₩-467 Mil. Its Operating Income was ₩23,996 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩10,134 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*23996.195/-466.827
=51.40

IFamilySC Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, IFamilySC Co's Interest Expense was ₩-109 Mil. Its Operating Income was ₩6,956 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩71 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*6956.237/-109.239
=63.68

* 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.


IFamilySC Co  (XKRX:114840) 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 .


IFamilySC Co Interest Coverage Related Terms

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


IFamilySC Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Nonhyeon-ro 150-gil, Gangnam-gu, Seoul, KOR, 06047
IFamilySC Co Ltd is an investment holding company. The company is engaged in Cosmetic Product Retail; Services such as wedding planning and family event via IT systems; Distribute service products and provide online advertisement for other companies (B2B); Beauty Tips and related information, Communication Services and Wedding Gifts Furnitures/Beddings, Interior Designs Multi-brand Shop and others.

IFamilySC Co Headlines

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