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Sands Lab (XKRX:411080) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Sands Lab 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. Sands Lab's Operating Income for the three months ended in Mar. 2025 was ₩-1,447 Mil. Sands Lab's Interest Expense for the three months ended in Mar. 2025 was ₩-0 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 Sands Lab's Interest Coverage or its related term are showing as below:


XKRX:411080's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.09
* 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.


Sands Lab Interest Coverage Historical Data

The historical data trend for Sands Lab'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.

Sands Lab Interest Coverage Chart

Sands Lab Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
- 214.84 722.50 - -

Sands Lab Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 13.19 -

Competitive Comparison of Sands Lab's Interest Coverage

For the Software - Infrastructure subindustry, Sands Lab'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.


Sands Lab's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where Sands Lab's Interest Coverage falls into.


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Sands Lab 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.

Sands Lab'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, Sands Lab's Interest Expense was ₩-9 Mil. Its Operating Income was ₩-3,709 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩9 Mil.

Sands Lab did not have earnings to cover the interest expense.

Sands Lab's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Sands Lab's Interest Expense was ₩-0 Mil. Its Operating Income was ₩-1,447 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩7 Mil.

Sands Lab 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.


Sands Lab  (XKRX:411080) 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 .


Sands Lab Interest Coverage Related Terms

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


Sands Lab Business Description

Traded in Other Exchanges
N/A
Address
Seolleungno 577, Floor 4, Chosun-Newha Building, Gangnam-gu, Seoul, KOR
Sands Lab Inc provides the unprecedented intelligence service through a mutual organic ecosystem of Cyber Security, AI, Network and Data.

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