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Posbank Co (XKRX:105760) Interest Coverage : 7.89 (As of Jun. 2024)


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What is Posbank 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. Posbank Co's Operating Income for the three months ended in Jun. 2024 was ₩2,253 Mil. Posbank Co's Interest Expense for the three months ended in Jun. 2024 was ₩-286 Mil. Posbank Co's interest coverage for the quarter that ended in Jun. 2024 was 7.89. The higher the ratio, the stronger the company's financial strength is.

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

XKRX:105760' s Interest Coverage Range Over the Past 10 Years
Min: 0.01   Med: 14.25   Max: 17.96
Current: 6.15


XKRX:105760's Interest Coverage is ranked worse than
65.73% of 1593 companies
in the Hardware industry
Industry Median: 12.65 vs XKRX:105760: 6.15

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


Posbank Co Interest Coverage Historical Data

The historical data trend for Posbank 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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Posbank Co Interest Coverage Chart

Posbank Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Coverage
0.01 14.92 17.96 13.58

Posbank Co Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Coverage Get a 7-Day Free Trial 19.16 21.88 0.67 - 7.89

Competitive Comparison of Posbank Co's Interest Coverage

For the Computer Hardware subindustry, Posbank 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.


Posbank Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Posbank Co's Interest Coverage distribution charts can be found below:

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



Posbank 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.

Posbank 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, Posbank Co's Interest Expense was ₩-621 Mil. Its Operating Income was ₩8,430 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩3,121 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*8430.181/-620.846
=13.58

Posbank Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, Posbank Co's Interest Expense was ₩-286 Mil. Its Operating Income was ₩2,253 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩143 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*2253.008/-285.663
=7.89

* 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.


Posbank Co  (XKRX:105760) 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 .


Posbank Co Interest Coverage Related Terms

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


Posbank Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
108 Gasan Digital 2-ro, Geumcheon-gu, Seoul, KOR
Posbank Co Ltd is a company involved in manufacturing ,developing of interactive KIOSKs in the form of PC-based POS and touch screen-equipped information or unmanned ordering machines that are used by installing a POS program on a PC with a card reader, barcode reader, and receipt printer. The POS devices developed, manufactured, and sold by our company are used in the retail market for global franchises such as McDonald's, Subway, movie theaters, and exhibition halls that require product ordering and payment, and in the hospitality market such as small and medium-sized restaurants and cafes.

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