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Namuga Co (XKRX:190510) Interest Coverage : 14.35 (As of Sep. 2024)


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What is Namuga 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. Namuga Co's Operating Income for the three months ended in Sep. 2024 was ₩5,562 Mil. Namuga Co's Interest Expense for the three months ended in Sep. 2024 was ₩-388 Mil. Namuga Co's interest coverage for the quarter that ended in Sep. 2024 was 14.35. The higher the ratio, the stronger the company's financial strength is.

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

XKRX:190510' s Interest Coverage Range Over the Past 10 Years
Min: 1.03   Med: 8.35   Max: 19.48
Current: 17.18


XKRX:190510's Interest Coverage is ranked better than
54.24% of 1582 companies
in the Hardware industry
Industry Median: 13.475 vs XKRX:190510: 17.18

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


Namuga Co Interest Coverage Historical Data

The historical data trend for Namuga 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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Namuga Co Interest Coverage Chart

Namuga 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 1.15 - 9.68 17.12 19.48

Namuga 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 13.03 19.83 23.78 11.38 14.35

Competitive Comparison of Namuga Co's Interest Coverage

For the Electronic Components subindustry, Namuga 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.


Namuga Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Namuga Co's Interest Coverage distribution charts can be found below:

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



Namuga 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.

Namuga 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, Namuga Co's Interest Expense was ₩-1,167 Mil. Its Operating Income was ₩22,725 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩623 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*22724.927/-1166.644
=19.48

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

Here, for the three months ended in Sep. 2024, Namuga Co's Interest Expense was ₩-388 Mil. Its Operating Income was ₩5,562 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩5,436 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*5562.003/-387.673
=14.35

* 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.


Namuga Co  (XKRX:190510) 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 .


Namuga Co Interest Coverage Related Terms

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


Namuga Co Business Description

Traded in Other Exchanges
N/A
Address
124 SKT Techno Park Biz Center, Gyeonggi-do Province, Seongnam-si, KOR, 1301
Namuga Co Ltd is a leading company of 3D sensing camera module. It offers Camera module for smart phone, 3D sensing camera module, wireless audio module and others.

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