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SK eternix Co (XKRX:475150) Interest Coverage : 0.19 (As of Mar. 2025)


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What is SK eternix 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. SK eternix Co's Operating Income for the three months ended in Mar. 2025 was ₩1,062 Mil. SK eternix Co's Interest Expense for the three months ended in Mar. 2025 was ₩-5,546 Mil. SK eternix Co's interest coverage for the quarter that ended in Mar. 2025 was 0.19. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. SK eternix Co Ltd interest coverage is 1.72, which is low.

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

XKRX:475150' s Interest Coverage Range Over the Past 10 Years
Min: 1.72   Med: 2.03   Max: 2.03
Current: 1.72


XKRX:475150's Interest Coverage is ranked worse than
69.44% of 324 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.985 vs XKRX:475150: 1.72

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


SK eternix Co Interest Coverage Historical Data

The historical data trend for SK eternix 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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SK eternix Co Interest Coverage Chart

SK eternix Co Annual Data
Trend Dec24
Interest Coverage
2.03

SK eternix Co Quarterly Data
Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage 0.23 - 2.62 4.45 0.19

Competitive Comparison of SK eternix Co's Interest Coverage

For the Utilities - Renewable subindustry, SK eternix 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.


SK eternix Co's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SK eternix Co's Interest Coverage distribution charts can be found below:

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


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SK eternix 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.

SK eternix 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, SK eternix Co's Interest Expense was ₩-18,555 Mil. Its Operating Income was ₩37,637 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩152,540 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*37637.4/-18555.457
=2.03

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

Here, for the three months ended in Mar. 2025, SK eternix Co's Interest Expense was ₩-5,546 Mil. Its Operating Income was ₩1,062 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩121,779 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*1062.016/-5545.612
=0.19

* 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.


SK eternix Co  (XKRX:475150) 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 .


SK eternix Co Interest Coverage Related Terms

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


SK eternix Co Business Description

Traded in Other Exchanges
N/A
Address
332, Pangyo-ro, Bundang-gu, ECO Hub SK eternix, Gyeonggi-do, Seongnam-si, KOR
SK eternix Co Ltd is a company based on a diverse portfolio of new and renewable energy such as solar power, onshore wind power, and ESS. SK Eternix has expanded its business by securing know-how and manpower across the entire renewable energy value chain.

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