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Micube Solution (XKRX:373170) Interest Coverage : N/A (As of Mar. 2024)


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What is Micube Solution 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. Micube Solution's Operating Income for the three months ended in Mar. 2024 was ₩76 Mil. Micube Solution's Interest Expense for the three months ended in Mar. 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Micube Solution Inc has enough cash to cover all of its debt. Its financial situation is stable.

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


XKRX:373170's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.825
* 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.


Micube Solution Interest Coverage Historical Data

The historical data trend for Micube Solution'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.

Micube Solution Interest Coverage Chart

Micube Solution Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Coverage
- 6.71 46.32 39.97

Micube Solution Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial N/A 24.17 N/A N/A N/A

Competitive Comparison of Micube Solution's Interest Coverage

For the Software - Infrastructure subindustry, Micube Solution'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.


Micube Solution's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Micube Solution's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Micube Solution's Interest Coverage falls into.



Micube Solution 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.

Micube Solution'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, Micube Solution's Interest Expense was ₩-45 Mil. Its Operating Income was ₩1,799 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩615 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1798.922/-45.002
=39.97

Micube Solution's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Micube Solution's Interest Expense was ₩0 Mil. Its Operating Income was ₩76 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩495 Mil.

GuruFocus does not calculate Micube Solution'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.


Micube Solution  (XKRX:373170) 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 .


Micube Solution Interest Coverage Related Terms

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


Micube Solution (XKRX:373170) Business Description

Traded in Other Exchanges
N/A
Address
23 Hyoryeong-ro 55-gil, Dongsan Building, 2-5th Floor, Seoul, KOR
Micube Solution Inc is a software company. It provides total solutions across all IT services, from consulting for the realization of manufacturing intelligence to system linkage/integration and operation services.

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