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Kostek Systems (XKRX:169670) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Kostek Systems 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. Kostek Systems's Operating Income for the three months ended in . 20 was ₩0 Mil. Kostek Systems's Interest Expense for the three months ended in . 20 was ₩0 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 Kostek Systems's Interest Coverage or its related term are showing as below:


XKRX:169670's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.035
* 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.


Kostek Systems Interest Coverage Historical Data

The historical data trend for Kostek Systems'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.

Kostek Systems Interest Coverage Chart

Kostek Systems Annual Data
Trend Dec22
Interest Coverage
-

Kostek Systems Quarterly Data
Interest Coverage

Competitive Comparison of Kostek Systems's Interest Coverage

For the Semiconductors subindustry, Kostek Systems'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.


Kostek Systems's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Kostek Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kostek Systems's Interest Coverage falls into.



Kostek Systems 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.

Kostek Systems's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Kostek Systems's Interest Expense was ₩-207 Mil. Its Operating Income was ₩-815 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0 Mil.

Kostek Systems did not have earnings to cover the interest expense.

Kostek Systems's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Kostek Systems's Interest Expense was ₩0 Mil. Its Operating Income was ₩0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0 Mil.

Kostek Systems had no debt (1).

* 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.


Kostek Systems  (XKRX:169670) 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 .


Kostek Systems Interest Coverage Related Terms

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Kostek Systems (XKRX:169670) Business Description

Traded in Other Exchanges
N/A
Address
231 Bangkkoji-gil, Seotan-myeon, Gyeonggi-do, Pyeongtaek-si, KOR, 17704
Kostek Systems Inc is engaged in the manufacturing of Semiconductor Equipment and LED equipment Its products include Temporary water bonding system, Water-De Bonding system, Chip Transfer system, and Chip Bonding System among others.

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