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Purit Co (XKRX:445180) Interest Coverage : N/A (As of Mar. 2025)


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What is Purit 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. Purit Co's Operating Income for the three months ended in Mar. 2025 was ₩3,688 Mil. Purit Co's Interest Expense for the three months ended in Mar. 2025 was ₩0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


XKRX:445180's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 9.7
* 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.


Purit Co Interest Coverage Historical Data

The historical data trend for Purit 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.

Purit Co Interest Coverage Chart

Purit Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
16.95 38.35 32.14 21.76 13,959,160.00

Purit Co Quarterly Data
Dec20 Dec21 Jun22 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 161.47 - N/A 4,518,341.00 N/A

Competitive Comparison of Purit Co's Interest Coverage

For the Specialty Chemicals subindustry, Purit 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.


Purit Co's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Purit Co's Interest Coverage distribution charts can be found below:

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


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Purit 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.

Purit 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, Purit Co's Interest Expense was ₩-0 Mil. Its Operating Income was ₩13,959 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩62 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*13959.16/-0.00099999999997635
=13,959,160.00

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

Here, for the three months ended in Mar. 2025, Purit Co's Interest Expense was ₩0 Mil. Its Operating Income was ₩3,688 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩129 Mil.

GuruFocus does not calculate Purit Co's interest coverage with the available data.

* 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.


Purit Co  (XKRX:445180) 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 .


Purit Co Interest Coverage Related Terms

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Purit Co Business Description

Traded in Other Exchanges
N/A
Address
21 Sabak-gil, Angang-eup, Gyeongsangbuk-do, Gyeongju-si, KOR
Purit Co Ltd is a company whose business is for recovering and refining waste organic solvents generated in industrial and display processes. The Company's primary business activity is Refinement and manufacture of organic solvents. The business focuses on producing ultra-high purity chemical products for semiconductors and displays by synthesizing raw materials based on purification of waste organic solvents.

Purit Co Headlines

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