GURUFOCUS.COM » STOCK LIST » Technology » Software » Bankware Global Co Ltd (XKRX:199480) » Definitions » Interest Coverage

Bankware Global Co (XKRX:199480) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is Bankware Global 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. Bankware Global Co's Operating Income for the three months ended in Mar. 2025 was ₩-2,034 Mil. Bankware Global Co's Interest Expense for the three months ended in Mar. 2025 was ₩-163 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 Bankware Global Co's Interest Coverage or its related term are showing as below:


XKRX:199480's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.09
* 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.


Bankware Global Co Interest Coverage Historical Data

The historical data trend for Bankware Global 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.

Bankware Global Co Interest Coverage Chart

Bankware Global Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 3.57 - - -

Bankware Global Co Quarterly Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 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 - - N/A - -

Competitive Comparison of Bankware Global Co's Interest Coverage

For the Software - Application subindustry, Bankware Global 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.


Bankware Global Co's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Bankware Global Co's Interest Coverage distribution charts can be found below:

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


;
;

Bankware Global 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.

Bankware Global 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, Bankware Global Co's Interest Expense was ₩-986 Mil. Its Operating Income was ₩-14,934 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩4,539 Mil.

Bankware Global Co did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2025, Bankware Global Co's Interest Expense was ₩-163 Mil. Its Operating Income was ₩-2,034 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩4,228 Mil.

Bankware Global Co did not have earnings to cover the interest expense.

* 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.


Bankware Global Co  (XKRX:199480) 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 .


Bankware Global Co Interest Coverage Related Terms

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


Bankware Global Co Business Description

Traded in Other Exchanges
N/A
Address
19, Seosomun-ro 11-gil, 12th floor, B-dong, Jeong-dong, Baejae Jeong-dong Building, Jung-gu, Seoul, KOR
Bankware Global Co Ltd operates as a banking software developer. The company provides financial software development and core banking solutions. The company develops financial institution products and financial transaction business software and supplies them to domestic and international banks and financial companies.

Bankware Global Co Headlines

No Headlines