Lontium Semiconductor (SHSE:688486) Interest Coverage : 2,452.09 (As of Mar. 2024)

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What is Lontium Semiconductor 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. Lontium Semiconductor's Operating Income for the three months ended in Mar. 2024 was ¥27.0 Mil. Lontium Semiconductor's Interest Expense for the three months ended in Mar. 2024 was ¥-0.0 Mil. Lontium Semiconductor's interest coverage for the quarter that ended in Mar. 2024 was 2,452.09. 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. Lontium Semiconductor Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

SHSE:688486' s Interest Coverage Range Over the Past 10 Years
Min: 310.38 Med: 3358.2 Max: 26315
Current: 1706.44

SHSE:688486's Interest Coverage is ranked better than
94.41% of 626 companies
in the Semiconductors industry
Industry Median: 19.22 vs SHSE:688486: 1706.44

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

Lontium Semiconductor Interest Coverage Historical Data

The historical data trend for Lontium Semiconductor'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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Lontium Semiconductor Interest Coverage Chart

Lontium Semiconductor Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

3,358.20

310.38

1,804.72

5,182.00

1,162.56

Lontium Semiconductor Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial											353.28	1,297.75	1,459.33	1,863.62	2,452.09

Competitive Comparison of Lontium Semiconductor's Interest Coverage

For the Semiconductors subindustry, Lontium Semiconductor'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.

Lontium Semiconductor's Interest Coverage Distribution in the Semiconductors Industry

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

* The bar in red indicates where Lontium Semiconductor's Interest Coverage falls into.

Lontium Semiconductor 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.

Lontium Semiconductor'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, Lontium Semiconductor's Interest Expense was ¥-0.1 Mil. Its Operating Income was ¥73.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.5 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	73.241	/	-0.063
	=	1,162.56

Lontium Semiconductor's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Lontium Semiconductor's Interest Expense was ¥-0.0 Mil. Its Operating Income was ¥27.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.4 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	26.973	/	-0.011
	=	2,452.09

The higher the ratio, the stronger the company's Financial Strength is.

Lontium Semiconductor (SHSE:688486) 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 .

Lontium Semiconductor Interest Coverage Related Terms

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

Lontium Semiconductor (SHSE:688486) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Lontium Semiconductor Corp (SHSE:688486) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

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Address

No. 3963, Susong Road, Building B3, Intelligent Equipment Science and Technology Park, Economic and Technological Development Zone, Anhui Province, Hefei, CHN, 230601

Website

http://www.lontiumsemi.com

Lontium Semiconductor Corp is engaged in the developing and marketing high-speed interface chips, embedded GPUs and ultra high-definition display drivers targeted for wide range high-definition multi-media applications. Its products include HDMI V1.3/V1.4/2.0/2.1 chipset, Displayport 1.2/1.4 chipset, USB 2.0, USB3.1 Type C chipset, MIPI chipset, LVDS chipset, VGA and LCD/TV controller and driver serving applications from PCs, notebooks, smartphones, TVs, monitors, automobiles to VR and accessories. The company's high-speed interface IPs and a wide range mixed-signal IPs on leading edge manufacturing technology serve various SoC vendors worldwide.

Executives

Xia Hong Feng

Core technical personnel

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