ChipMOS TECHNOLOGIES (ChipMOS TECHNOLOGIES) Interest Coverage

: N/A (As of Dec. 2023)

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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. ChipMOS TECHNOLOGIES's Operating Income for the three months ended in Dec. 2023 was $22.9 Mil. ChipMOS TECHNOLOGIES's Interest Expense for the three months ended in Dec. 2023 was $0.0 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 ChipMOS TECHNOLOGIES's Interest Coverage or its related term are showing as below:

IMOS's Interest Coverage is not ranked ^*
in the Semiconductors industry.
Industry Median: 19.975
* 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.

ChipMOS TECHNOLOGIES Interest Coverage Historical Data

The historical data trend for ChipMOS TECHNOLOGIES'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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ChipMOS TECHNOLOGIES Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

13.90

21.21

45.46

22.07

7.11

ChipMOS TECHNOLOGIES Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
Interest Coverage																No Debt	No Debt	N/A	No Debt	N/A

Competitive Comparison

For the Semiconductors subindustry, ChipMOS TECHNOLOGIES'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.

ChipMOS TECHNOLOGIES Interest Coverage Distribution

For the Semiconductors industry and Technology sector, ChipMOS TECHNOLOGIES's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ChipMOS TECHNOLOGIES's Interest Coverage falls into.

ChipMOS TECHNOLOGIES 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.

ChipMOS TECHNOLOGIES's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, ChipMOS TECHNOLOGIES's Interest Expense was $-8.5 Mil. Its Operating Income was $60.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $430.8 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	60.474	/	-8.51
	=	7.11

ChipMOS TECHNOLOGIES's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, ChipMOS TECHNOLOGIES's Interest Expense was $0.0 Mil. Its Operating Income was $22.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $430.8 Mil.

GuruFocus does not calculate ChipMOS TECHNOLOGIES's interest coverage with the available data.

The higher the ratio, the stronger the company's Financial Strength is.

ChipMOS TECHNOLOGIES (NAS:IMOS) 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 .

ChipMOS TECHNOLOGIES Interest Coverage Related Terms

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ChipMOS TECHNOLOGIES (ChipMOS TECHNOLOGIES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ChipMOS TECHNOLOGIES Inc (NAS:IMOS) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

8150:Taiwan CPIA:Germany CPIA:Germany

Address

No. 1, R&D Road 1, Hsinchu Science Park, Hsinchu, TWN

Website

https://www.chipmos.com

ChipMOS TECHNOLOGIES Inc provides semiconductor testing and packaging solutions to fabless companies, integrated device manufacturers, and foundries. Its service targets include semiconductor design companies, integrated component manufacturing companies, and semiconductor wafers factories. The company's segments include Testing, Assembly, Testing, and Assembly for LCD, OLED, and other Display Panel Driver Semiconductors (LCDD), Bumping, and others. The Company derives a majority of its revenue from Taiwan followed by Japan, People's Republic of China, Singapore, and others.