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Kulicke & Soffa Industries Interest Coverage

: 2.89 (As of Jun. 2019)
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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 (EBIT) by its Interest Expense. Kulicke & Soffa Industries's Operating Income for the three months ended in Jun. 2019 was $1.8 Mil. Kulicke & Soffa Industries's Interest Expense for the three months ended in Jun. 2019 was $-0.6 Mil. Kulicke & Soffa Industries's interest coverage for the quarter that ended in Jun. 2019 was 2.89. The higher the ratio, the stronger the company's financial strength is.

NAS:KLIC' s Interest Coverage Range Over the Past 10 Years
Min: 17.76   Max: 3133.62
Current: 27.65

17.76
3133.62

NAS:KLIC's Interest Coverage is ranked higher than
56% of the 537 Companies
in the Semiconductors industry.

( Industry Median: 19.80 vs. NAS:KLIC: 27.65 )

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

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Kulicke & Soffa Industries Annual Data
Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Interest Coverage Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.46 32.62 48.74 140.03 158.09

Kulicke & Soffa Industries Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 245.11 96.37 57.99 0.00 2.89

Competitive Comparison
* 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.


Kulicke & Soffa Industries Interest Coverage Distribution

* 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. 2018 is calculated as

Here, for the fiscal year that ended in Sep. 2018, Kulicke & Soffa Industries's Interest Expense was $-1.1 Mil. Its Operating Income was $166.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $15.2 Mil.

Interest Coverage=-1*Operating Income (A: Sep. 2018 )/Interest Expense (A: Sep. 2018 )
=-1*166.632/-1.054
=158.09

Kulicke & Soffa Industries's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Here, for the three months ended in Jun. 2019, Kulicke & Soffa Industries's Interest Expense was $-0.6 Mil. Its Operating Income was $1.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $14.7 Mil.

Interest Coverage=-1*Operating Income (Q: Jun. 2019 )/Interest Expense (Q: Jun. 2019 )
=-1*1.827/-0.632
=2.89

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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


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