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GURUFOCUS.COM > STOCK LIST > Technology > Semiconductors > Kulicke & Soffa Industries Inc (NAS:KLIC) > Definitions > Interest Coverage
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Kulicke & Soffa Industries Interest Coverage

: 1,333.41 (As of Mar. 2022)
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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. Kulicke & Soffa Industries's Operating Income for the three months ended in Mar. 2022 was $129 Mil. Kulicke & Soffa Industries's Interest Expense for the three months ended in Mar. 2022 was $-0 Mil. Kulicke & Soffa Industries's interest coverage for the quarter that ended in Mar. 2022 was 1,333.41. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies interest coverage is at least 5. Kulicke & Soffa Industries Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Kulicke & Soffa Industries's Interest Coverage or its related term are showing as below:

KLIC' s Interest Coverage Range Over the Past 10 Years
Min: 10.52   Med: 61.1   Max: 3133.62
Current: 2222.97


KLIC's Interest Coverage is ranked better than
93.53% of 696 companies
in the Semiconductors industry
Industry Median: 45.23 vs KLIC: 2222.97

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


Kulicke & Soffa Industries Interest Coverage Historical Data

The historical data trend for Kulicke & Soffa Industries'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.

* Premium members only.

Kulicke & Soffa Industries Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 140.03 158.09 10.52 34.10 1,891.96

Kulicke & Soffa Industries Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,123.16 2,937.93 2,150.50 3,777.75 1,333.41

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Kulicke & Soffa Industries'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.

   

Kulicke & Soffa Industries Interest Coverage Distribution

For the Semiconductors industry and Technology sector, Kulicke & Soffa Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kulicke & Soffa Industries's Interest Coverage falls into.



Kulicke & Soffa Industries 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.


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

Kulicke & Soffa Industries's Interest Coverage for the fiscal year that ended in Sep. 2021 is calculated as

Here, for the fiscal year that ended in Sep. 2021, Kulicke & Soffa Industries's Interest Expense was $-0 Mil. Its Operating Income was $412 Mil. And its Long-Term Debt & Capital Lease Obligation was $38 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2021 )/Interest Expense (A: Sep. 2021 )
=-1*412.447/-0.218
=1,891.96

Kulicke & Soffa Industries's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the three months ended in Mar. 2022, Kulicke & Soffa Industries's Interest Expense was $-0 Mil. Its Operating Income was $129 Mil. And its Long-Term Debt & Capital Lease Obligation was $35 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2022 )/Interest Expense (Q: Mar. 2022 )
=-1*129.341/-0.097
=1,333.41

* 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.


Kulicke & Soffa Industries  (NAS:KLIC) 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 .


Kulicke & Soffa Industries Interest Coverage Related Terms

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


Kulicke & Soffa Industries Business Description

Kulicke & Soffa Industries logo
Industry
Technology » Semiconductors NAICS : 334413 SIC : 3674
Traded in Other Exchanges
Address
23A Serangoon North Avenue 5, No 01-01, K and S Corporate Headquarters, Singapore, SGP, 554369
Kulicke & Soffa Industries Inc is a United States-based company that is principally engaged in designing, manufacturing, and selling capital equipment and expendable tools that are used for assembling semiconductor devices. The company operates through two core segments: Capital equipment, which produces and sells a series of ball bonders, wafer-level bonders, wedge bonders, APS which produces and offers various expendable tools designed for multiple semiconductor packaging applications. The Capital equipment segment contributes the majority of total revenue. The company generates the majority of its total revenue from the overseas market, mainly in the Asia-Pacific region.
Executives
Wong Nelson Munpun officer: Senior Vice President 23A, SERANGOON NORTH AVE 5 #01-01 SINGAPORE U0 554369
Drake Stephen Ray officer: Vice President 23A SERANGOON NORTH AVENUE 5 #01-01 SINGAPORE U0 554369
Chen Fusen Ernie director, officer: President and CEO 1005 VIRGINIA DRIVE FORT WASHINGTON PA 19034
Wong Lester A officer: Chief Financial Officer 23A, SERANGOON NORTH AVE 5 #01-01 SINGAPORE U0 554369
Chong Chan Pin officer: Executive Vice President 23A SERANGOON NORTH AVENUE 5 #01-01 SINGAPORE U0 554369
Soloveizik Zamir Shai officer: Vice President 23A SERANGOON NORTH AVENUE 5, #01-01 SINGAPORE U0 554369
Milzcik Gregory F director 1005 VIRGINIA DRIVE FORT WASHINGTON PA 19034
Yeo Mui Sung director 23A, SERANGOON NORTH AVENUE 5 #01-01 SINGAPORE U0 554369
Lim Chin Hu director 23A, SERANGOON NORTH AVENUE 5 #01-01 SINGAPORE U0 554369
Kong Peter T M director KULICKE AND SOFFA INDUSTRIES INC. 1005 VIRGINIA DRIVE FT. WASHINGTON PA 19034
Richardson David Jeffrey director LSI LOGIC CORP 1621 BARBER LANE MILPITAS CA 95035
Pierce Garrett E director 21839 ATLANTIC BLVD DULLES VA 20166
Bachman Brian R director 1005 VIRGINIA DRIVE FORT WASHINGTON PA 19034
Sood Deepak officer: Vice President 23A, SERANGOON NORTH AVENUE 5 #01-01 SINGAPORE U0 554369
Hoang Hoang officer: Executive Vice President 23A SERANGOON NORTH AVE 5 #01-01 SINGAPORE U0 554369

Kulicke & Soffa Industries Headlines

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