GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TL Engineering Co Ltd (XKRX:413300) » Definitions » Interest Coverage

TL Engineering Co (XKRX:413300) Interest Coverage : 0 (At Loss) (As of . 20)


View and export this data going back to 2022. Start your Free Trial

What is TL Engineering Co 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. TL Engineering Co's Operating Income for the six months ended in . 20 was ₩0.00 Mil. TL Engineering Co's Interest Expense for the six months ended in . 20 was ₩0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for TL Engineering Co's Interest Coverage or its related term are showing as below:


XKRX:413300's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.24
* 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.


TL Engineering Co Interest Coverage Historical Data

The historical data trend for TL Engineering Co'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.

TL Engineering Co Interest Coverage Chart

TL Engineering Co Annual Data
Trend
Interest Coverage

TL Engineering Co Semi-Annual Data
Interest Coverage

Competitive Comparison of TL Engineering Co's Interest Coverage

For the Engineering & Construction subindustry, TL Engineering Co'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.


TL Engineering Co's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, TL Engineering Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where TL Engineering Co's Interest Coverage falls into.


;
;

TL Engineering Co 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.

TL Engineering Co's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, TL Engineering Co's Interest Expense was ₩0.00 Mil. Its Operating Income was ₩0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0.00 Mil.

TL Engineering Co had no debt (1).

TL Engineering Co's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, TL Engineering Co's Interest Expense was ₩0.00 Mil. Its Operating Income was ₩0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0.00 Mil.

TL Engineering Co had no debt (1).

* 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.


TL Engineering Co  (XKRX:413300) 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 .


TL Engineering Co Interest Coverage Related Terms

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


TL Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
32 Wonkwangmyeong-ro 37beon-gil, Gyeonggi-do, Gwangmyeong-si, KOR
TL Engineering Co Ltd is a cleanroom design and construction company which focuses on promotion, development, and cooperation, created a design reminiscent of the shape of an arrow that seems to become darker in color gradually.

TL Engineering Co Headlines

No Headlines