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ISC Co (XKRX:095340) Interest Coverage : N/A (As of Dec. 2023)


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What is ISC 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. ISC Co's Operating Income for the three months ended in Dec. 2023 was ₩2,465 Mil. ISC Co's Interest Expense for the three months ended in Dec. 2023 was ₩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.

Good Sign:

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

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

XKRX:095340' s Interest Coverage Range Over the Past 10 Years
Min: 3   Med: 23.29   Max: 578.41
Current: 290.34


XKRX:095340's Interest Coverage is ranked better than
84.13% of 624 companies
in the Semiconductors industry
Industry Median: 19.685 vs XKRX:095340: 290.34

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


ISC Co Interest Coverage Historical Data

The historical data trend for ISC 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.

* Premium members only.

ISC Co Interest Coverage Chart

ISC Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 31.69 91.74 578.41 5.05

ISC Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage Get a 7-Day Free Trial 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 N/A N/A 175.16 N/A N/A

Competitive Comparison of ISC Co's Interest Coverage

For the Semiconductor Equipment & Materials subindustry, ISC 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.


ISC Co's Interest Coverage Distribution in the Semiconductors Industry

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

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



ISC 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.

ISC Co'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, ISC Co's Interest Expense was ₩-2,127 Mil. Its Operating Income was ₩10,737 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩3,542 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*10736.707/-2127.282
=5.05

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

Here, for the three months ended in Dec. 2023, ISC Co's Interest Expense was ₩0 Mil. Its Operating Income was ₩2,465 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩3,542 Mil.

GuruFocus does not calculate ISC Co's interest coverage with the available data.

* 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.


ISC Co  (XKRX:095340) 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 .


ISC Co Interest Coverage Related Terms

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


ISC Co (XKRX:095340) Business Description

Traded in Other Exchanges
N/A
Address
333-7 Sangdaewon-dong, Keumkang Penteriyn IT-tower F6, Jungwon-Ku, Seongnam-Si, Kyunggi-do, KOR, 462-807
ISC Co Ltd is a Korea-based company which develops, manufactures, and sells semiconductor test sockets worldwide. Its product offering comprises of silicon rubber and pogo test sockets, burn-in sockets, interposers, manual test jigs, finger type test sockets, spring pins, and processed parts.

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