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Envioneer Co (XKRX:317870) Interest Coverage : N/A (As of Sep. 2024)


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What is Envioneer 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. Envioneer Co's Operating Income for the three months ended in Sep. 2024 was ₩-917 Mil. Envioneer Co's Interest Expense for the three months ended in Sep. 2024 was ₩0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


XKRX:317870's Interest Coverage is not ranked *
in the Waste Management industry.
Industry Median: 5.06
* 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.


Envioneer Co Interest Coverage Historical Data

The historical data trend for Envioneer 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.

Envioneer Co Interest Coverage Chart

Envioneer Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 4.20 - - - -

Envioneer 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 - N/A 3.72 - N/A

Competitive Comparison of Envioneer Co's Interest Coverage

For the Waste Management subindustry, Envioneer 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.


Envioneer Co's Interest Coverage Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Envioneer Co's Interest Coverage distribution charts can be found below:

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



Envioneer 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.

Envioneer 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, Envioneer Co's Interest Expense was ₩-432 Mil. Its Operating Income was ₩-205 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩5,204 Mil.

Envioneer Co did not have earnings to cover the interest expense.

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

Here, for the three months ended in Sep. 2024, Envioneer Co's Interest Expense was ₩0 Mil. Its Operating Income was ₩-917 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩6,806 Mil.

GuruFocus does not calculate Envioneer Co's interest coverage with the available data.

* 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.


Envioneer Co  (XKRX:317870) 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 .


Envioneer Co Interest Coverage Related Terms

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Envioneer Co Business Description

Traded in Other Exchanges
N/A
Address
158, jeongjeongil-ro, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13558
Envioneer Co Ltd is a specialized environmental material/ composite material company. It develops and manufactures advanced filter papers that maximize the performance of high efficiency low differential pressure by adding positive charges to the filter manufacturing technology using a unique wet manufacturing process. The filters are used for water treatment, air-conditioning materials to remove air pollutants, and lightweight composite materials for vehicles through the wet manufacturing process.

Envioneer Co Headlines

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