Ranix

Ranix Interest Coverage

The Interest Coverage Ratio of Ranix (317120.KQ) as of Nov 4, 2026 is -4.24. In the previous year, Interest Coverage Ratio was -2.07 — a change of 105.22% (lower).

Interest Coverage

-4.24

YoY

105.22%

Last updated:

Interest Coverage Ratio of Ranix is 2024 -4.24 . Interest Coverage Ratio of Ranix was 2023 -2.07 . It decreases by 105.22% lower compared to the previous year.

The Ranix Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
43.81 KRW
Jan 1, 2018
2.07 KRW
Jan 1, 2019
-0.01 KRW
Jan 1, 2020
-2.75 KRW
Jan 1, 2021
-12.39 KRW
Jan 1, 2022
-0.43 KRW
Jan 1, 2023
-2.07 KRW
Jan 1, 2024
-4.24 KRW
The Ranix Interest Coverage history
YEARInterest CoverageYoY
-4.24+105.22%
-2.07+375.64%
-0.43-96.50%
-12.39+351.04%
-2.75+29,049.49%
-0.01-100.46%
2.07-95.29%
43.81—

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Ranix Stock analysis

What does Ranix do? Ranix, Inc. generates revenue through the manufacture and sale of non-memory semiconductors, primarily targeting the automotive, security, and IoT sectors. The company produces DSRC modem chips for electronic toll collection (ETC), device authentication chips, and IoT crypto chips, which are sold to automotive manufacturers, security solution providers, and IoT platform developers. These products serve specific applications in automobile communication, security authentication, and low power wide area network platforms. The firm’s revenue streams are derived from direct sales of these semiconductor solutions to industry-specific clients. Ranix, Inc. focuses on niche semiconductor segments where its products address specialized needs, such as ETC systems in automotive infrastructure and secure authentication for IoT devices. The company’s product portfolio includes DSRC modem chips, device authentication chips, and IoT crypto chips, which are integral to their target markets. Sales are directed toward clients requiring secure, low-power communication technologies for automotive and IoT applications. The company’s business model relies on selling its semiconductor products directly to manufacturers and solution providers in the automotive, security, and IoT industries. These segments represent the primary customers for Ranix’s non-memory chip solutions, with applications spanning electronic toll collection systems, device security, and IoT network platforms. Revenue is generated through the ongoing demand for these specialized semiconductor products in their respective markets. Ranix is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Ranix stock

Interest Coverage Ratio of Ranix is -4.24 in 2024.

Interest Coverage Ratio of Ranix changed from -2.07 to -4.24, representing a 105.22% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Ranix since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Ranix with sector peers and the industry average to assess whether it is attractive.

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Leverage — Ranix

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