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Wins Co.Ltd (XKRX:136540) Interest Coverage : 170.95 (As of Dec. 2023)


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What is Wins Co.Ltd 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. Wins Co.Ltd's Operating Income for the three months ended in Dec. 2023 was ₩8,480 Mil. Wins Co.Ltd's Interest Expense for the three months ended in Dec. 2023 was ₩-50 Mil. Wins Co.Ltd's interest coverage for the quarter that ended in Dec. 2023 was 170.95. 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. Wins Co.Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKRX:136540' s Interest Coverage Range Over the Past 10 Years
Min: 7.38   Med: 20.07   Max: No Debt
Current: 117.35


XKRX:136540's Interest Coverage is ranked better than
68.1% of 1602 companies
in the Software industry
Industry Median: 29.17 vs XKRX:136540: 117.35

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


Wins Co.Ltd Interest Coverage Historical Data

The historical data trend for Wins Co.Ltd'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.

Wins Co.Ltd Interest Coverage Chart

Wins Co.Ltd 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 11.62 18.83 19.57 110.04 117.35

Wins Co.Ltd 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 207.43 30.37 199.26 75.26 170.95

Competitive Comparison of Wins Co.Ltd's Interest Coverage

For the Information Technology Services subindustry, Wins Co.Ltd'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.


Wins Co.Ltd's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Wins Co.Ltd's Interest Coverage distribution charts can be found below:

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



Wins Co.Ltd 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.

Wins Co.Ltd'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, Wins Co.Ltd's Interest Expense was ₩-197 Mil. Its Operating Income was ₩23,100 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩276 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*23099.928/-196.847
=117.35

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

Here, for the three months ended in Dec. 2023, Wins Co.Ltd's Interest Expense was ₩-50 Mil. Its Operating Income was ₩8,480 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩276 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*8480.39/-49.608
=170.95

* 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.


Wins Co.Ltd  (XKRX:136540) 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 .


Wins Co.Ltd Interest Coverage Related Terms

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


Wins Co.Ltd (XKRX:136540) Business Description

Traded in Other Exchanges
N/A
Address
228, Pangyo-ro, 15 Pangyo Seven Venture Valley, Bundang-gu, Gyeonggi-do, 4th Floor, Winsu- dong, Seongnam, Gyeonggi, KOR, 463-400
Wins Co.Ltd is an information protection company. It develops information security solution, and network security software. It operates in the field of network security and provides intrusion prevention system, DDoS attack countermeasure solution, intelligent attack countermeasure solution, integrated threat management solution, and firewall. Its also offers services such as security control, consulting..

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