Boyaa Interactive International (HKSE:00434) Interest Coverage : 1,307.27 (As of Dec. 2023)

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What is Boyaa Interactive International 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. Boyaa Interactive International's Operating Income for the three months ended in Dec. 2023 was HK$34.0 Mil. Boyaa Interactive International's Interest Expense for the three months ended in Dec. 2023 was HK$-0.0 Mil. Boyaa Interactive International's interest coverage for the quarter that ended in Dec. 2023 was 1,307.27. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Boyaa Interactive International Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Boyaa Interactive International's Interest Coverage or its related term are showing as below:

HKSE:00434' s Interest Coverage Range Over the Past 10 Years
Min: 32.14 Med: 153.01 Max: No Debt
Current: 182.1

HKSE:00434's Interest Coverage is ranked better than
67.52% of 311 companies
in the Interactive Media industry
Industry Median: 38.43 vs HKSE:00434: 182.10

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

Boyaa Interactive International Interest Coverage Historical Data

The historical data trend for Boyaa Interactive International'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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Boyaa Interactive International Interest Coverage Chart

Boyaa Interactive International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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49.17

133.33

505.32

172.69

181.74

Boyaa Interactive International Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															109.69	168.35	176.63	107.41	1,307.27

Competitive Comparison of Boyaa Interactive International's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Boyaa Interactive International'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.

Boyaa Interactive International's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Boyaa Interactive International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Boyaa Interactive International's Interest Coverage falls into.

Boyaa Interactive International 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.

Boyaa Interactive International'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, Boyaa Interactive International's Interest Expense was HK$-0.8 Mil. Its Operating Income was HK$136.5 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$9.6 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	136.49	/	-0.751
	=	181.74

Boyaa Interactive International's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Boyaa Interactive International's Interest Expense was HK$-0.0 Mil. Its Operating Income was HK$34.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$9.6 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	33.989	/	-0.026
	=	1,307.27

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

Boyaa Interactive International (HKSE:00434) 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 .

Boyaa Interactive International Interest Coverage Related Terms

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

Boyaa Interactive International (HKSE:00434) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Boyaa Interactive International Ltd (HKSE:00434) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

1BY:Germany

Address

1001 Zhong Shan Yuan Road, 8th Floor, Block E1 International E Town, TCL Industry Park, Nanshan District, Shenzhen, CHN, 518000

Website

http://www.boyaa.com.hk

Boyaa Interactive International Ltd is an investment holding company. It is engaged in the development and operation of online card and board games through its subsidiaries. The company operates in two segments: Web-based games and Mobile games. Both are offered in various language versions in order to enable game players to play the games in different locations. It generates maximum revenue from Mobile games segment. Geographically, it derives revenue from PRC including Hong Kong.

Executives

Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee
Core Administration Rsu Limited	2306 Nominee for another person
Chunlei Investment Limited	2201 Interest of corporation controlled by you
Zhang Wei	2307 Founder of a discretionary trust who can infl
Cantrust (far East) Limited	2301 Trustee
Rustem Limited	2306 Nominee for another person
Dai Zhikang	2307 Founder of a discretionary trust who can infl
Visioncode Holdings Limited	2201 Interest of corporation controlled by you
Boyaa Global Limited	2101 Beneficial owner

Boyaa Interactive International (HKSE:00434) Headlines

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