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Namhwa Industrial Co (XKRX:111710) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Namhwa Industrial 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. Namhwa Industrial Co's Operating Income for the three months ended in Dec. 2023 was ₩3,217 Mil. Namhwa Industrial Co's Interest Expense for the three months ended in Dec. 2023 was ₩0 Mil. Namhwa Industrial Co has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Namhwa Industrial Co Ltd 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 Namhwa Industrial Co's Interest Coverage or its related term are showing as below:

XKRX:111710' s Interest Coverage Range Over the Past 10 Years
Min: 458.71   Med: No Debt   Max: 7450789
Current: No Debt


XKRX:111710's Interest Coverage is ranked better than
99.5% of 600 companies
in the Travel & Leisure industry
Industry Median: 5.15 vs XKRX:111710: 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.


Namhwa Industrial Co Interest Coverage Historical Data

The historical data trend for Namhwa Industrial 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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Namhwa Industrial Co Interest Coverage Chart

Namhwa Industrial Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial No Debt 7,450,789.00 No Debt No Debt No Debt

Namhwa Industrial 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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Namhwa Industrial Co's Interest Coverage

For the Leisure subindustry, Namhwa Industrial 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.


Namhwa Industrial Co's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Namhwa Industrial Co's Interest Coverage distribution charts can be found below:

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



Namhwa Industrial 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.

Namhwa Industrial 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, Namhwa Industrial Co's Interest Expense was ₩0 Mil. Its Operating Income was ₩11,794 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0 Mil.

Namhwa Industrial Co had no debt (1).

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

Here, for the three months ended in Dec. 2023, Namhwa Industrial Co's Interest Expense was ₩0 Mil. Its Operating Income was ₩3,217 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0 Mil.

Namhwa Industrial Co 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.


Namhwa Industrial Co  (XKRX:111710) 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 .


Namhwa Industrial Co Interest Coverage Related Terms

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


Namhwa Industrial Co (XKRX:111710) Business Description

Traded in Other Exchanges
N/A
Address
162, Seoho-ro, Cheongye-myeon, Jeollanam-do, Muan County, KOR
Website
Namhwa Industrial Co Ltd is a sport activity company. The company offers muan country club golf course service.

Namhwa Industrial Co (XKRX:111710) Headlines

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