GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hyundai Home Shopping Network Corp (XKRX:057050) » Definitions » Interest Coverage

Hyundai Home Shopping Network (XKRX:057050) Interest Coverage : No Debt (1) (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Hyundai Home Shopping Network 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. Hyundai Home Shopping Network's Operating Income for the three months ended in Mar. 2024 was ₩484,717 Mil. Hyundai Home Shopping Network's Interest Expense for the three months ended in Mar. 2024 was ₩0 Mil. Hyundai Home Shopping Network has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Hyundai Home Shopping Network's Interest Coverage or its related term are showing as below:

XKRX:057050' s Interest Coverage Range Over the Past 10 Years
Min: 3.68   Med: 47.17   Max: 631.46
Current: 41.48


XKRX:057050's Interest Coverage is ranked better than
78.61% of 762 companies
in the Retail - Cyclical industry
Industry Median: 7.805 vs XKRX:057050: 41.48

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


Hyundai Home Shopping Network Interest Coverage Historical Data

The historical data trend for Hyundai Home Shopping Network'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.

Hyundai Home Shopping Network Interest Coverage Chart

Hyundai Home Shopping Network Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.43 24.21 29.10 10.86 3.68

Hyundai Home Shopping Network Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.68 4.57 3.91 1.90 No Debt

Competitive Comparison of Hyundai Home Shopping Network's Interest Coverage

For the Internet Retail subindustry, Hyundai Home Shopping Network'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.


Hyundai Home Shopping Network's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hyundai Home Shopping Network's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hyundai Home Shopping Network's Interest Coverage falls into.



Hyundai Home Shopping Network 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.

Hyundai Home Shopping Network'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, Hyundai Home Shopping Network's Interest Expense was ₩-16,312 Mil. Its Operating Income was ₩59,952 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩42,460 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*59952.4/-16312.492
=3.68

Hyundai Home Shopping Network's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Hyundai Home Shopping Network's Interest Expense was ₩0 Mil. Its Operating Income was ₩484,717 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0 Mil.

Hyundai Home Shopping Network 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.


Hyundai Home Shopping Network  (XKRX:057050) 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 .


Hyundai Home Shopping Network Interest Coverage Related Terms

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


Hyundai Home Shopping Network (XKRX:057050) Business Description

Traded in Other Exchanges
N/A
Address
454-2, Cheonho-dong, Gangdong-gu, Seoul, KOR, 134-874
Hyundai Home Shopping Network Corp is engaged in the retail domain in Korea. The company's business involves the management of online shopping malls offering a wide range of products including apparel, sportswear, accessories, consumer electronics, household appliances, and beauty products.

Hyundai Home Shopping Network (XKRX:057050) Headlines

No Headlines