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Shift Up (XKRX:462870) Interest Coverage : 157.36 (As of Dec. 2024)


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What is Shift Up 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. Shift Up's Operating Income for the three months ended in Dec. 2024 was ₩46,157 Mil. Shift Up's Interest Expense for the three months ended in Dec. 2024 was ₩-293 Mil. Shift Up's interest coverage for the quarter that ended in Dec. 2024 was 157.36. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shift Up Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

XKRX:462870' s Interest Coverage Range Over the Past 10 Years
Min: 20.16   Med: 126.64   Max: 130.33
Current: 123.92


XKRX:462870's Interest Coverage is ranked better than
69.48% of 308 companies
in the Interactive Media industry
Industry Median: 31.19 vs XKRX:462870: 123.92

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


Shift Up Interest Coverage Historical Data

The historical data trend for Shift Up'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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Shift Up Interest Coverage Chart

Shift Up Annual Data
Trend Dec22 Dec23 Dec24
Interest Coverage
20.16 126.64 130.33

Shift Up Quarterly Data
Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Interest Coverage Get a 7-Day Free Trial 152.82 117.97 91.71 121.54 157.36

Competitive Comparison of Shift Up's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Shift Up'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.


Shift Up's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Shift Up's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shift Up's Interest Coverage falls into.


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Shift Up 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.

Shift Up'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, Shift Up's Interest Expense was ₩-1,170 Mil. Its Operating Income was ₩152,481 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩8,308 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*152481.274/-1169.984
=130.33

Shift Up's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Shift Up's Interest Expense was ₩-293 Mil. Its Operating Income was ₩46,157 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩8,308 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*46157.168/-293.331
=157.36

* 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.


Shift Up  (XKRX:462870) 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 .


Shift Up Interest Coverage Related Terms

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


Shift Up Business Description

Traded in Other Exchanges
N/A
Address
55 Seocho-daero 77-gil, 2th, 13th, 14th, 15th floors, Seocho-gu, Seoul, KOR
Shift Up Corp is a game design and development studio that covers a wide range of areas from game production to promotional videos and music production, based on illustrations and solid planning and programming capabilities.

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