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Global Digital Creations Holdings (HKSE:08271) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Global Digital Creations Holdings 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. Global Digital Creations Holdings's Operating Income for the three months ended in Dec. 2023 was HK$-25.67 Mil. Global Digital Creations Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$0.00 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 Global Digital Creations Holdings's Interest Coverage or its related term are showing as below:


HKSE:08271's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.545
* 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.


Global Digital Creations Holdings Interest Coverage Historical Data

The historical data trend for Global Digital Creations Holdings'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.

Global Digital Creations Holdings Interest Coverage Chart

Global Digital Creations Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.83 53.29 578.93 - -

Global Digital Creations Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 576.75 - - No Debt -

Competitive Comparison of Global Digital Creations Holdings's Interest Coverage

For the Entertainment subindustry, Global Digital Creations Holdings'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.


Global Digital Creations Holdings's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Global Digital Creations Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Global Digital Creations Holdings's Interest Coverage falls into.



Global Digital Creations Holdings 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.

Global Digital Creations Holdings'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, Global Digital Creations Holdings's Interest Expense was HK$-0.01 Mil. Its Operating Income was HK$-34.78 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Global Digital Creations Holdings did not have earnings to cover the interest expense.

Global Digital Creations Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Global Digital Creations Holdings's Interest Expense was HK$0.00 Mil. Its Operating Income was HK$-25.67 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

* 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.


Global Digital Creations Holdings  (HKSE:08271) 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 .


Global Digital Creations Holdings Interest Coverage Related Terms

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


Global Digital Creations Holdings (HKSE:08271) Business Description

Traded in Other Exchanges
N/A
Address
191 Java Road, Unit 1606, 16th Floor, K. Wah Centre, North Point, Hong Kong, HKG
Global Digital Creations Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in computer graphic (CG) creation and production. It operates in two segments Interactive Entertainment and Digital Assets segment including Interactive Entertainment and Digital Assets, an exhibition of television series and movies as well as the production of animated films. It is New Cultural and Sports Space segment that includes integrating culture and technology development business the original business of property leasing and building management services and new businesses. It operates in China, South Korea, Hong Kong, and other countries, of which the majority of the revenue comes from China.
Executives
Shougang Group Co., Ltd. 2201 Interest of corporation controlled by you
Chen Zheng 2101 Beneficial owner
Shougang Holding (hong Kong) Limited 2201 Interest of corporation controlled by you
Upper Nice Assets Ltd. 2101 Beneficial owner

Global Digital Creations Holdings (HKSE:08271) Headlines

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