GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hansun Engineering Co Ltd (XKRX:452280) » Definitions » Interest Coverage

Hansun Engineering Co (XKRX:452280) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Hansun 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. Hansun Engineering Co's Operating Income for the three months ended in Dec. 2024 was ₩1,012 Mil. Hansun Engineering Co's Interest Expense for the three months ended in Dec. 2024 was ₩8 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 Hansun Engineering Co's Interest Coverage or its related term are showing as below:

XKRX:452280' s Interest Coverage Range Over the Past 10 Years
Min: 3.01   Med: 5.62   Max: 18.78
Current: 18.78


XKRX:452280's Interest Coverage is ranked better than
53.52% of 2285 companies
in the Industrial Products industry
Industry Median: 15.91 vs XKRX:452280: 18.78

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


Hansun Engineering Co Interest Coverage Historical Data

The historical data trend for Hansun 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.

Hansun Engineering Co Interest Coverage Chart

Hansun Engineering Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.74 8.72 9.33 4.27 18.78

Hansun Engineering Co Quarterly Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only 1.21 14.93 19.02 9.19 -

Competitive Comparison of Hansun Engineering Co's Interest Coverage

For the Specialty Industrial Machinery subindustry, Hansun 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.


Hansun Engineering Co's Interest Coverage Distribution in the Industrial Products Industry

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

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


;
;

Hansun 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.

Hansun Engineering 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, Hansun Engineering Co's Interest Expense was ₩-262 Mil. Its Operating Income was ₩4,923 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩6,400 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*4922.94/-262.073
=18.78

Hansun Engineering Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Hansun Engineering Co's Interest Expense was ₩8 Mil. Its Operating Income was ₩1,012 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩6,400 Mil.

* 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.


Hansun Engineering Co  (XKRX:452280) 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 .


Hansun Engineering Co Interest Coverage Related Terms

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


Hansun Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
27, Noksansandan 361-ro, Gangseo-gu, Songjeong-dong, Busan, KOR
Hansun Engineering Co Ltd is a company that specializes in fittings, valves, and plumbing for measuring equipment and controls fluid flow in petrochemicals, shipbuilding, marine, defense, onshore/offshore plants, aerospace, semiconductors, displays, hydrogen fuel cells, and ESS. It manufactures and sells products under the brand S-LOK to industries that need them.

Hansun Engineering Co Headlines

No Headlines