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Konan Technology (XKRX:402030) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Konan Technology 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. Konan Technology's Operating Income for the three months ended in Mar. 2024 was ₩-6,221 Mil. Konan Technology's Interest Expense for the three months ended in Mar. 2024 was ₩-48 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 Konan Technology's Interest Coverage or its related term are showing as below:


XKRX:402030's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.27
* 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.


Konan Technology Interest Coverage Historical Data

The historical data trend for Konan Technology'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.

Konan Technology Interest Coverage Chart

Konan Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Interest Coverage
- 6.88 19.91 -

Konan Technology Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 36.28 -

Competitive Comparison of Konan Technology's Interest Coverage

For the Software - Infrastructure subindustry, Konan Technology'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.


Konan Technology's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where Konan Technology's Interest Coverage falls into.



Konan Technology 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.

Konan Technology's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Konan Technology's Interest Expense was ₩-126 Mil. Its Operating Income was ₩-4,041 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩489 Mil.

Konan Technology did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2024, Konan Technology's Interest Expense was ₩-48 Mil. Its Operating Income was ₩-6,221 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩1,788 Mil.

Konan Technology 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.


Konan Technology  (XKRX:402030) 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 .


Konan Technology Interest Coverage Related Terms

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


Konan Technology (XKRX:402030) Business Description

Traded in Other Exchanges
N/A
Address
Daeryung Seocho Tower, 327, 6th and 7th Floor, Gangnam-daero, Seocho-gu, Seoul, KOR, 137-751
Konan Technology Inc provides the smartest search/analysis/recommendation software and data service based on language and multimedia analysis technology. Its solutions comprise Crawler Solution, Analysis Solution, Search Solution, Content Management Solution, Mobile Solution.

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