FSE Lifestyle Services (HKSE:00331) Interest Coverage : 27.69 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is FSE Lifestyle Services 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. FSE Lifestyle Services's Operating Income for the six months ended in Dec. 2023 was HK$295 Mil. FSE Lifestyle Services's Interest Expense for the six months ended in Dec. 2023 was HK$-11 Mil. FSE Lifestyle Services's interest coverage for the quarter that ended in Dec. 2023 was 27.69. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for FSE Lifestyle Services's Interest Coverage or its related term are showing as below:

HKSE:00331' s Interest Coverage Range Over the Past 10 Years
Min: 29.17 Med: 454.72 Max: No Debt
Current: 29.17

HKSE:00331's Interest Coverage is ranked better than
73.06% of 1262 companies
in the Construction industry
Industry Median: 7.095 vs HKSE:00331: 29.17

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

FSE Lifestyle Services Interest Coverage Historical Data

The historical data trend for FSE Lifestyle Services'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.

FSE Lifestyle Services Interest Coverage Chart

FSE Lifestyle Services Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Coverage

Get a 7-Day Free Trial

860.10

47.62

124.65

108.64

36.57

FSE Lifestyle Services Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial															119.24	100.45	43.82	30.84	27.69

Competitive Comparison of FSE Lifestyle Services's Interest Coverage

For the Engineering & Construction subindustry, FSE Lifestyle Services'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.

FSE Lifestyle Services's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, FSE Lifestyle Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where FSE Lifestyle Services's Interest Coverage falls into.

FSE Lifestyle Services 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.

FSE Lifestyle Services'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, FSE Lifestyle Services's Interest Expense was HK$-17 Mil. Its Operating Income was HK$619 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$292 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jun. 2023 )	/	Interest Expense (A: Jun. 2023 )
	=	-1	*	618.594	/	-16.916
	=	36.57

FSE Lifestyle Services's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, FSE Lifestyle Services's Interest Expense was HK$-11 Mil. Its Operating Income was HK$295 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$17 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	294.608	/	-10.64
	=	27.69

The higher the ratio, the stronger the company's Financial Strength is.

FSE Lifestyle Services (HKSE:00331) 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 .

FSE Lifestyle Services Interest Coverage Related Terms

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

FSE Lifestyle Services (HKSE:00331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » FSE Lifestyle Services Ltd (HKSE:00331) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Units 801-810, No. 8 Wang Hoi Road, 8th Floor, Chevalier Commercial Centre, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.fse.com.hk

FSE Lifestyle Services Ltd is an investment holding company. It operates in three segments: property and facility management services, E&M services and city essential services. The company along with its subsidiaries is principally engaged in the provision of property and facility management services, property agency and related services for buildings, car park management services, cleaning and management of waste disposal services, recycling, and environmental disposal services, security guarding and event services, insurance solutions services, and others. The company earns majority of its revenue from City essential services.

Executives

Doo Wai Hoi William	2202 Interest of your spouse
Doo Family Prosperity Holdings Limited
Fung Seng Holdings (x) Limited
Fungseng Prosperity Holdings Limited
Doo Cheng Sau Ha Amy	2201 Interest of corporation controlled by you
Fse Holdings Limited	2201 Interest of corporation controlled by you
Sino Spring Global Limited	2201 Interest of corporation controlled by you
Fse Management Company Limited	2101 Beneficial owner

FSE Lifestyle Services (HKSE:00331) Headlines

No Headlines