E Kocref CR-REIT (XKRX:088260) Interest Coverage : 2.30 (As of Sep. 2023)

E Kocref CR-REIT Interest Coverage Chart

E Kocref CR-REIT Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Coverage	Get a 7-Day Free Trial											2.21	2.25	2.23	2.31	2.30

Competitive Comparison of E Kocref CR-REIT's Interest Coverage

For the REIT - Diversified subindustry, E Kocref CR-REIT'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.

E Kocref CR-REIT's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, E Kocref CR-REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where E Kocref CR-REIT's Interest Coverage falls into.

E Kocref CR-REIT 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

E Kocref CR-REIT's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, E Kocref CR-REIT's Interest Expense was ₩-7,494 Mil. Its Operating Income was ₩16,823 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0 Mil.

E Kocref CR-REIT's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, E Kocref CR-REIT's Interest Expense was ₩-3,731 Mil. Its Operating Income was ₩8,590 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩0 Mil.

* 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.

E Kocref CR-REIT  (XKRX:088260) 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 .

E Kocref CR-REIT Interest Coverage Related Terms

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E Kocref CR-REIT (XKRX:088260) Business Description