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Health Empire (BKK:HEALTH) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Health Empire 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. Health Empire's Operating Income for the three months ended in Dec. 2023 was ฿-32.19 Mil. Health Empire's Interest Expense for the three months ended in Dec. 2023 was ฿-0.57 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 Health Empire's Interest Coverage or its related term are showing as below:


BKK:HEALTH's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.555
* 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.


Health Empire Interest Coverage Historical Data

The historical data trend for Health Empire'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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Health Empire Interest Coverage Chart

Health Empire Annual Data
Trend Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Health Empire Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Health Empire's Interest Coverage

For the Specialty Retail subindustry, Health Empire'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.


Health Empire's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Health Empire's Interest Coverage distribution charts can be found below:

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



Health Empire 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.

Health Empire'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, Health Empire's Interest Expense was ฿-2.49 Mil. Its Operating Income was ฿-70.13 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿10.80 Mil.

Health Empire did not have earnings to cover the interest expense.

Health Empire's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Health Empire's Interest Expense was ฿-0.57 Mil. Its Operating Income was ฿-32.19 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿10.80 Mil.

Health Empire 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.


Health Empire  (BKK:HEALTH) 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 .


Health Empire Interest Coverage Related Terms

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


Health Empire (BKK:HEALTH) Business Description

Traded in Other Exchanges
N/A
Address
Rama 9 Road, 20th Floor, Room No., Office 2, No. 51 Major Tower Rama 9 - Ramkhamhaeng, Hua Mak Sub-District, Bangkapi District, Bangkok, THA, 10240
Health Empire Corp PLC, formerly MPG Corporation PCL is engaged in wholesale, retail, distribution, import, export, production, contract production, and distribution of medication, modern medicine, traditional medicine, Thai traditional medicine, herbal medicine, herbal products, chemicals, medical supplies, pharmaceutical products, cosmeceutical products, medical equipment, health and beauty products, cosmetics, beauty products, personal hygiene products, dietary supplements, vitamins, minerals, food and beverage for dietary. Geographically, all the operations function through the regions of Thailand.

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