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NH Prime REIT (XKRX:338100) Interest Coverage : No Debt (1) (As of Feb. 2025)


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What is NH Prime REIT 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. NH Prime REIT's Operating Income for the six months ended in Feb. 2025 was ₩460 Mil. NH Prime REIT's Interest Expense for the six months ended in Feb. 2025 was ₩0 Mil. NH Prime REIT has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

NH Prime REIT has no debt.

(1) 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.

The historical rank and industry rank for NH Prime REIT's Interest Coverage or its related term are showing as below:

XKRX:338100' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


XKRX:338100's Interest Coverage is ranked better than
99.72% of 712 companies
in the REITs industry
Industry Median: 2.86 vs XKRX:338100: 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.


NH Prime REIT Interest Coverage Historical Data

The historical data trend for NH Prime REIT'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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NH Prime REIT Interest Coverage Chart

NH Prime REIT Annual Data
Trend Nov19 May20 May21 May22 May23 May24
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

NH Prime REIT Semi-Annual Data
Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of NH Prime REIT's Interest Coverage

For the REIT - Diversified subindustry, NH Prime REIT'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.


NH Prime REIT's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NH Prime REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where NH Prime REIT's Interest Coverage falls into.


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NH Prime REIT 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.

NH Prime REIT's Interest Coverage for the fiscal year that ended in May. 2024 is calculated as

Here, for the fiscal year that ended in May. 2024, NH Prime REIT's Interest Expense was ₩0 Mil. Its Operating Income was ₩3,164 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0 Mil.

NH Prime REIT had no debt (1).

NH Prime REIT's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Here, for the six months ended in Feb. 2025, NH Prime REIT's Interest Expense was ₩0 Mil. Its Operating Income was ₩460 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0 Mil.

NH Prime REIT had no debt (1).

* 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.


NH Prime REIT  (XKRX:338100) 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 .


NH Prime REIT Interest Coverage Related Terms

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


NH Prime REIT Business Description

Traded in Other Exchanges
N/A
Address
2, International Finance Road, Yeouido-dong, Nonghyup Foundation Building 13th Floor, 8-gil, Yeongdeungpo-gu, Seoul, KOR
NH Prime REIT is engaged in real estate leasing and supply.

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