GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Jeisys Medical Inc (XKRX:287410) » Definitions » Interest Coverage

Jeisys Medical (XKRX:287410) Interest Coverage : 45.72 (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Jeisys Medical 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. Jeisys Medical's Operating Income for the three months ended in Jun. 2024 was ₩10,250 Mil. Jeisys Medical's Interest Expense for the three months ended in Jun. 2024 was ₩-224 Mil. Jeisys Medical's interest coverage for the quarter that ended in Jun. 2024 was 45.72. The higher the ratio, the stronger the company's financial strength is.

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

XKRX:287410' s Interest Coverage Range Over the Past 10 Years
Min: 11.25   Med: 73.92   Max: 163.25
Current: 111.91


XKRX:287410's Interest Coverage is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 17.335 vs XKRX:287410: 111.91

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


Jeisys Medical Interest Coverage Historical Data

The historical data trend for Jeisys Medical'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.

Jeisys Medical Interest Coverage Chart

Jeisys Medical Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial - 11.25 60.84 86.99 163.25

Jeisys Medical Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 101.82 158.99 - 106.34 45.72

Competitive Comparison of Jeisys Medical's Interest Coverage

For the Medical Devices subindustry, Jeisys Medical'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.


Jeisys Medical's Interest Coverage Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Jeisys Medical's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jeisys Medical's Interest Coverage falls into.


;
;

Jeisys Medical 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.

Jeisys Medical'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, Jeisys Medical's Interest Expense was ₩-222 Mil. Its Operating Income was ₩36,314 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩22,271 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*36313.752/-222.439
=163.25

Jeisys Medical's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, Jeisys Medical's Interest Expense was ₩-224 Mil. Its Operating Income was ₩10,250 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩27,324 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*10250.481/-224.182
=45.72

* 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.


Jeisys Medical  (XKRX:287410) 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 .


Jeisys Medical Interest Coverage Related Terms

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


Jeisys Medical Business Description

Traded in Other Exchanges
N/A
Address
76 Eulji-ro, Jung-gu, Seoul, KOR, 04538
Jeisys Medical Inc is a medical device manufacturer that produces high-end products for plastic surgeons, dermatologists, physicians, and healthcare professionals. Some of its products include ULTRAcel Q+ system, Cellec V system, LIPOcel, AcGen, TRI-BEAM Premium, Edge ONE, and SmoothCool.

Jeisys Medical Headlines

No Headlines