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KNS Co (XKRX:432470) Interest Coverage : 10.89 (As of Mar. 2025)


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What is KNS 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. KNS Co's Operating Income for the three months ended in Mar. 2025 was ₩1,092 Mil. KNS Co's Interest Expense for the three months ended in Mar. 2025 was ₩-100 Mil. KNS Co's interest coverage for the quarter that ended in Mar. 2025 was 10.89. The higher the ratio, the stronger the company's financial strength is.

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

XKRX:432470' s Interest Coverage Range Over the Past 10 Years
Min: 8.99   Med: 90.33   Max: 116.79
Current: 11.01


XKRX:432470's Interest Coverage is ranked worse than
57.32% of 2282 companies
in the Industrial Products industry
Industry Median: 15.66 vs XKRX:432470: 11.01

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


KNS Co Interest Coverage Historical Data

The historical data trend for KNS 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.

KNS Co Interest Coverage Chart

KNS Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
92.86 116.79 8.99 87.80

KNS Co Quarterly Data
Dec21 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 899.63 191.71 208.67 - 10.89

Competitive Comparison of KNS Co's Interest Coverage

For the Electrical Equipment & Parts subindustry, KNS 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.


KNS Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KNS Co's Interest Coverage distribution charts can be found below:

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


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KNS 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.

KNS 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, KNS Co's Interest Expense was ₩-9 Mil. Its Operating Income was ₩808 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩104 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*807.641/-9.199
=87.80

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

Here, for the three months ended in Mar. 2025, KNS Co's Interest Expense was ₩-100 Mil. Its Operating Income was ₩1,092 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩6,563 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*1092.495/-100.349
=10.89

* 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.


KNS Co  (XKRX:432470) 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 .


KNS Co Interest Coverage Related Terms

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


KNS Co Business Description

Traded in Other Exchanges
N/A
Address
446-9, Seotan-ro, Seotan-myeon, Gyeonggi-do, Pyeongtaek-si, 17704, KOR
KNS Co Ltd is a company which focuses on the design and production of automation equipment, where it supplies a variety of automation equipment products such as automobile parts which includes door connectors, terminal pressers and semiconductor parts vacuum packaging machines. Their main product is automated equipment that manufactures CIDs which is current interrupting devices that are mounted on cylindrical batteries, among secondary batteries. In addition, their main product line is automated equipment that manufactures BMA parts which are known as battery overheating detection devices equipped with multiple pouch-type batteries.

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