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Precision Biosensor (XKRX:335810) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Precision Biosensor 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. Precision Biosensor's Operating Income for the three months ended in Dec. 2024 was ₩-913 Mil. Precision Biosensor's Interest Expense for the three months ended in Dec. 2024 was ₩-507 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 Precision Biosensor's Interest Coverage or its related term are showing as below:


XKRX:335810's Interest Coverage is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 16.74
* 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.


Precision Biosensor Interest Coverage Historical Data

The historical data trend for Precision Biosensor'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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Precision Biosensor Interest Coverage Chart

Precision Biosensor Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Precision Biosensor Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Precision Biosensor's Interest Coverage

For the Medical Devices subindustry, Precision Biosensor'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.


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

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

* The bar in red indicates where Precision Biosensor's Interest Coverage falls into.


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Precision Biosensor 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.

Precision Biosensor'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, Precision Biosensor's Interest Expense was ₩-1,991 Mil. Its Operating Income was ₩-5,366 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩4,954 Mil.

Precision Biosensor did not have earnings to cover the interest expense.

Precision Biosensor's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Precision Biosensor's Interest Expense was ₩-507 Mil. Its Operating Income was ₩-913 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩4,954 Mil.

Precision Biosensor 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.


Precision Biosensor  (XKRX:335810) 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 .


Precision Biosensor Interest Coverage Related Terms

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


Precision Biosensor Business Description

Traded in Other Exchanges
N/A
Address
306 Techno 2-ro Yuseong-gu, Daejeon, KOR, 34036
Precision Biosensor Inc is an In Vitro Diagnostic (IVD) company that provides accurate clinical diagnosis solutions based on various disease biomarker detection technology. Its offering includes diagnostic reagent cartridges and analyzers which are the core of IVD's The company is engaged in manufacturing and development of next-generation platform technology of Europium-based Time-Resolved Fluorescence.

Precision Biosensor Headlines

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