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Mastern Premier Reit 1 (XKRX:357430) Interest Coverage : N/A (As of Sep. 2024)


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What is Mastern Premier Reit 1 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. Mastern Premier Reit 1's Operating Income for the six months ended in Sep. 2024 was ₩0 Mil. Mastern Premier Reit 1's Interest Expense for the six 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 Mastern Premier Reit 1's Interest Coverage or its related term are showing as below:


XKRX:357430's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.855
* 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.


Mastern Premier Reit 1 Interest Coverage Historical Data

The historical data trend for Mastern Premier Reit 1'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.

Mastern Premier Reit 1 Interest Coverage Chart

Mastern Premier Reit 1 Annual Data
Trend Jul20 Jan21 Mar22 Mar23 Mar24
Interest Coverage
No Debt No Debt 57.78 0.39 -

Mastern Premier Reit 1 Semi-Annual Data
Jul20 Jan21 Jul21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Coverage Get a 7-Day Free Trial Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of Mastern Premier Reit 1's Interest Coverage

For the REIT - Retail subindustry, Mastern Premier Reit 1'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.


Mastern Premier Reit 1's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mastern Premier Reit 1's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mastern Premier Reit 1's Interest Coverage falls into.


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Mastern Premier Reit 1 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.

Mastern Premier Reit 1's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Mastern Premier Reit 1's Interest Expense was ₩-875 Mil. Its Operating Income was ₩-10,570 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩42,309 Mil.

Mastern Premier Reit 1 did not have earnings to cover the interest expense.

Mastern Premier Reit 1's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, Mastern Premier Reit 1's Interest Expense was ₩0 Mil. Its Operating Income was ₩0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩42,925 Mil.

GuruFocus does not calculate Mastern Premier Reit 1'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.


Mastern Premier Reit 1  (XKRX:357430) 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 .


Mastern Premier Reit 1 Interest Coverage Related Terms

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Mastern Premier Reit 1 Business Description

Traded in Other Exchanges
N/A
Address
465, Gangnam-daero, Seocho-gu, 21st Floor, Building A, Seocho-dong, Kyobo Gangnam Tower, Seoul, KOR
Mastern Premier Reit 1 provides real estate services. The Company provides real estate development, real estate rental, supply, and other related services.

Mastern Premier Reit 1 Headlines

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