GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » T-Conn Precision Corp (ROCO:6833) » Definitions » Interest Coverage

T-Conn Precision (ROCO:6833) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is T-Conn Precision 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. T-Conn Precision's Operating Income for the six months ended in Dec. 2023 was NT$-58 Mil. T-Conn Precision's Interest Expense for the six months ended in Dec. 2023 was NT$-6 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for T-Conn Precision's Interest Coverage or its related term are showing as below:

ROCO:6833' s Interest Coverage Range Over the Past 10 Years
Min: 0.61   Med: 83.6   Max: No Debt
Current: 0.61


ROCO:6833's Interest Coverage is ranked worse than
97.34% of 2295 companies
in the Industrial Products industry
Industry Median: 13.68 vs ROCO:6833: 0.61

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


T-Conn Precision Interest Coverage Historical Data

The historical data trend for T-Conn Precision'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.

T-Conn Precision Interest Coverage Chart

T-Conn Precision Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 13.83 70.29 132.37 96.91 0.61

T-Conn Precision Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only 155.15 119.39 83.99 11.93 -

Competitive Comparison of T-Conn Precision's Interest Coverage

For the Electrical Equipment & Parts subindustry, T-Conn Precision'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.


T-Conn Precision's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, T-Conn Precision's Interest Coverage distribution charts can be found below:

* The bar in red indicates where T-Conn Precision's Interest Coverage falls into.



T-Conn Precision 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.

T-Conn Precision'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, T-Conn Precision's Interest Expense was NT$-12 Mil. Its Operating Income was NT$7 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$11 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*7.157/-11.772
=0.61

T-Conn Precision's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, T-Conn Precision's Interest Expense was NT$-6 Mil. Its Operating Income was NT$-58 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$11 Mil.

T-Conn Precision did not have earnings to cover the interest expense.

* 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.


T-Conn Precision  (ROCO:6833) 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 .


T-Conn Precision Interest Coverage Related Terms

Thank you for viewing the detailed overview of T-Conn Precision's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


T-Conn Precision (ROCO:6833) Business Description

Traded in Other Exchanges
N/A
Address
Xintai 5th Road, 4th Floor-3, No. 79, Section 1, New Taipei City, TWN, 221
T-Conn Precision Corp is a professional connector manufacturer of power connectors for industrial automation, data center, and server and consumer solution. Its general products include Circular Connector, Terminal Block, High Power, Power Connector, DDR, USB, HDMI, Display Port, and RJ Connector.

T-Conn Precision (ROCO:6833) Headlines

No Headlines