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Studiomick Co (XKRX:415380) Interest Coverage : 130.90 (As of Mar. 2025)


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What is Studiomick 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. Studiomick Co's Operating Income for the three months ended in Mar. 2025 was ₩1,176 Mil. Studiomick Co's Interest Expense for the three months ended in Mar. 2025 was ₩-9 Mil. Studiomick Co's interest coverage for the quarter that ended in Mar. 2025 was 130.90. The higher the ratio, the stronger the company's financial strength is.

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

XKRX:415380' s Interest Coverage Range Over the Past 10 Years
Min: 16.26   Med: 28.17   Max: 40.47
Current: 36.24


XKRX:415380's Interest Coverage is ranked better than
70.59% of 323 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.67 vs XKRX:415380: 36.24

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Studiomick Co Interest Coverage Historical Data

The historical data trend for Studiomick 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.

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Studiomick Co Interest Coverage Chart

Studiomick Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
37.48 22.87 40.47 16.26 28.17

Studiomick Co Quarterly Data
Dec20 Dec21 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 28.82 30.83 14.39 40.66 130.90

Competitive Comparison of Studiomick Co's Interest Coverage

For the Furnishings, Fixtures & Appliances subindustry, Studiomick 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.


Studiomick Co's Interest Coverage Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Studiomick Co's Interest Coverage distribution charts can be found below:

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


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Studiomick 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.

Studiomick Co'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, Studiomick Co's Interest Expense was ₩-142 Mil. Its Operating Income was ₩3,988 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩91 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*3988.124/-141.56
=28.17

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

Here, for the three months ended in Mar. 2025, Studiomick Co's Interest Expense was ₩-9 Mil. Its Operating Income was ₩1,176 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩108 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*1176.049/-8.984
=130.90

* 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.


Studiomick Co  (XKRX:415380) 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 .


Studiomick Co Interest Coverage Related Terms

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


Studiomick Co Business Description

Traded in Other Exchanges
N/A
Address
115, Tojeong-ro, Mapo-gu, Seoul, KOR, 04075
Studio Samick Co Ltd is a company who is engaged in a home furnishing online distribution business that supplies various home furnishing products such as beds, mattresses, sofas, wardrobes, and body pillows that plan and design in-house to online channels. In addition, the company manages and supervises the delivery process between manufacturing partners and logistics consignors to establish a just-in-time production and on time delivery system.

Studiomick Co Headlines

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