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CoAsia CM Co (XKRX:196450) Interest Coverage : 1.37 (As of Mar. 2025)


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What is CoAsia CM 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. CoAsia CM Co's Operating Income for the three months ended in Mar. 2025 was ₩958 Mil. CoAsia CM Co's Interest Expense for the three months ended in Mar. 2025 was ₩-701 Mil. CoAsia CM Co's interest coverage for the quarter that ended in Mar. 2025 was 1.37. The higher the ratio, the stronger the company's financial strength is.

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


XKRX:196450's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.11
* 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.


CoAsia CM Co Interest Coverage Historical Data

The historical data trend for CoAsia CM 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.

CoAsia CM Co Interest Coverage Chart

CoAsia CM Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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CoAsia CM Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 1.37

Competitive Comparison of CoAsia CM Co's Interest Coverage

For the Electronic Components subindustry, CoAsia CM 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.


CoAsia CM Co's Interest Coverage Distribution in the Hardware Industry

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

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


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CoAsia CM 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.

CoAsia CM 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, CoAsia CM Co's Interest Expense was ₩-2,995 Mil. Its Operating Income was ₩-8,040 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩2,513 Mil.

CoAsia CM Co did not have earnings to cover the interest expense.

CoAsia CM Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, CoAsia CM Co's Interest Expense was ₩-701 Mil. Its Operating Income was ₩958 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩2,244 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*957.577/-701.145
=1.37

* 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.


CoAsia CM Co  (XKRX:196450) 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 .


CoAsia CM Co Interest Coverage Related Terms

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


CoAsia CM Co Business Description

Traded in Other Exchanges
N/A
Address
Dongtan Cheomdansaneop 1-ro 27, B-3530~3536, Hwaseong-si, Gyeonggi-do, Yongin-si, KOR
CoAsia CM Co Ltd is a South Korea based optical company that supplies high pixel camera lens that are used in mobile solution. It provides variety of optical lenses including 1.3 Mega, 2 Mega, 5 Mega, 13 Mega and 16 Mega.

CoAsia CM Co Headlines

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