GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » New Power Plasma Co Ltd (XKRX:144960) » Definitions » Interest Coverage

New Power Plasma Co (XKRX:144960) Interest Coverage : 0.93 (As of Sep. 2024)


View and export this data going back to 2016. Start your Free Trial

What is New Power Plasma 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. New Power Plasma Co's Operating Income for the three months ended in Sep. 2024 was ₩3,321 Mil. New Power Plasma Co's Interest Expense for the three months ended in Sep. 2024 was ₩-3,578 Mil. New Power Plasma Co's interest coverage for the quarter that ended in Sep. 2024 was 0.93. The higher the ratio, the stronger the company's financial strength is.

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

XKRX:144960' s Interest Coverage Range Over the Past 10 Years
Min: 2   Med: 15.7   Max: 135.62
Current: 2.06


XKRX:144960's Interest Coverage is ranked worse than
88.44% of 614 companies
in the Semiconductors industry
Industry Median: 18.845 vs XKRX:144960: 2.06

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


New Power Plasma Co Interest Coverage Historical Data

The historical data trend for New Power Plasma 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.

New Power Plasma Co Interest Coverage Chart

New Power Plasma Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.66 17.26 8.16 2.69 2.00

New Power Plasma Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.96 1.61 1.46 4.15 0.93

Competitive Comparison of New Power Plasma Co's Interest Coverage

For the Semiconductor Equipment & Materials subindustry, New Power Plasma 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.


New Power Plasma Co's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, New Power Plasma Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where New Power Plasma Co's Interest Coverage falls into.



New Power Plasma 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.

New Power Plasma 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, New Power Plasma Co's Interest Expense was ₩-8,071 Mil. Its Operating Income was ₩16,123 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩59,975 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*16122.561/-8070.965
=2.00

New Power Plasma Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, New Power Plasma Co's Interest Expense was ₩-3,578 Mil. Its Operating Income was ₩3,321 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩45,394 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*3321.023/-3577.789
=0.93

* 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.


New Power Plasma Co  (XKRX:144960) 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 .


New Power Plasma Co Interest Coverage Related Terms

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


New Power Plasma Co Business Description

Traded in Other Exchanges
N/A
Address
1198-7, Baran-ro, Seotan-myeon, Gyeonggi-do, Pyeongtaek, KOR, 451-852
New Power Plasma Co Ltd develops RF generator, matching network, remote plasma generator and plasma power systems and sources. Products portfolio include power control, flexibility, stability, and reliability required by Etch, CVD and related processes.

New Power Plasma Co Headlines

No Headlines