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Hmvod (HKSE:08103) Interest Coverage : 0 (At Loss) (As of Sep. 2023)


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What is Hmvod 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. Hmvod's Operating Income for the three months ended in Sep. 2023 was HK$-3.04 Mil. Hmvod's Interest Expense for the three months ended in Sep. 2023 was HK$-1.15 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


HKSE:08103's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.69
* Ranked among companies with meaningful Interest Coverage only.

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


Hmvod Interest Coverage Historical Data

The historical data trend for Hmvod'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.

Hmvod Interest Coverage Chart

Hmvod Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
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Hmvod Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Hmvod's Interest Coverage

For the Information Technology Services subindustry, Hmvod'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.


Hmvod's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Hmvod's Interest Coverage distribution charts can be found below:

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



Hmvod 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.

Hmvod's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Hmvod's Interest Expense was HK$-3.89 Mil. Its Operating Income was HK$-9.74 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$39.99 Mil.

Hmvod did not have earnings to cover the interest expense.

Hmvod's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Hmvod's Interest Expense was HK$-1.15 Mil. Its Operating Income was HK$-3.04 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$36.75 Mil.

Hmvod did not have earnings to cover the interest expense.

* 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.


Hmvod  (HKSE:08103) 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 .


Hmvod Interest Coverage Related Terms

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


Hmvod (HKSE:08103) Business Description

Traded in Other Exchanges
N/A
Address
No.24 Lee Chung Street, 9/F, E-Trade Plaza, Chai Wan, Hong Kong, HKG
Hmvod Ltd is s China-based company that operates in diversified business. The company is engaged in providing professional services, proprietary trading, and OTT services. Geographically, the company operates through the region of Hong Kong. The company operates through the following business segments: provision of professional services and provision of OTT Services. The Professional Services segment offers information technology engineering and technical support services and the OTT Services segment involves the distribution and production of films, television programs, and music production which generates maximum revenue.
Executives
Lui Yu Kin 2101 Beneficial owner
Chan Chui Ping 2101 Beneficial owner
Masan Capital Limited 2102 Investment manager
Masan Multi Strategy Fund Spc - Masan Hk Equity Fund Sp 2101 Beneficial owner
Top Lion International Limited 2201 Interest of corporation controlled by you
Cheng Chi Heng 2101 Beneficial owner
Accp Global Limited
Great China Management Limited 2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited 2201 Interest of corporation controlled by you
Lau Wang Chi Barry 2201 Interest of corporation controlled by you
Crosby Capital (holdings) Limited 2201 Interest of corporation controlled by you
Crosby Capital (hong Kong) Limited 2201 Interest of corporation controlled by you
Topful Holdings Limited 2101 Beneficial owner
Tang Yu Ming Nelson 2201 Interest of corporation controlled by you

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