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GnBS eco Co (XKRX:382800) Interest Coverage : 7.83 (As of Dec. 2023)


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What is GnBS eco 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. GnBS eco Co's Operating Income for the three months ended in Dec. 2023 was ₩1,929 Mil. GnBS eco Co's Interest Expense for the three months ended in Dec. 2023 was ₩-246 Mil. GnBS eco Co's interest coverage for the quarter that ended in Dec. 2023 was 7.83. The higher the ratio, the stronger the company's financial strength is.

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

XKRX:382800' s Interest Coverage Range Over the Past 10 Years
Min: 3.35   Med: 25.63   Max: 123.26
Current: 25.63


XKRX:382800's Interest Coverage is ranked better than
63.7% of 2303 companies
in the Industrial Products industry
Industry Median: 13.77 vs XKRX:382800: 25.63

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


GnBS eco Co Interest Coverage Historical Data

The historical data trend for GnBS eco 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.

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GnBS eco Co Interest Coverage Chart

GnBS eco Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
3.35 10.73 50.79 123.26 25.63

GnBS eco Co Quarterly Data
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 55.12 83.38 38.68 20.68 7.83

Competitive Comparison of GnBS eco Co's Interest Coverage

For the Pollution & Treatment Controls subindustry, GnBS eco 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.


GnBS eco Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GnBS eco Co's Interest Coverage distribution charts can be found below:

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



GnBS eco 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.

GnBS eco 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, GnBS eco Co's Interest Expense was ₩-714 Mil. Its Operating Income was ₩18,290 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩1,271 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*18290.377/-713.542
=25.63

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

Here, for the three months ended in Dec. 2023, GnBS eco Co's Interest Expense was ₩-246 Mil. Its Operating Income was ₩1,929 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩1,271 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1928.988/-246.436
=7.83

* 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.


GnBS eco Co  (XKRX:382800) 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 .


GnBS eco Co Interest Coverage Related Terms

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


GnBS eco Co (XKRX:382800) Business Description

Traded in Other Exchanges
N/A
Address
401-14, Mosan-ro, Daedeok-myeon, Gyeonggi-do, Anseong-si, KOR
GnBS eco Co Ltd is an investment holding company. The company is engaged in the manufacturing and sale of cooling tower white smoke removal device (WPR), harmful white smoke removal device (EP), hazardous gas treatment device (Scrubber), next-generation gas treatment device without wastewater, and others.

GnBS eco Co (XKRX:382800) Headlines

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