GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cheer Holding Inc (NAS:CHR) » Definitions » Interest Coverage

CHR (Cheer Holding) Interest Coverage : N/A (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Cheer Holding 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. Cheer Holding's Operating Income for the six months ended in Jun. 2024 was $11.6 Mil. Cheer Holding's Interest Expense for the six months ended in Jun. 2024 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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. Cheer Holding Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

CHR' s Interest Coverage Range Over the Past 10 Years
Min: 27.13   Med: 99.87   Max: 1110.76
Current: 1110.76


CHR's Interest Coverage is ranked better than
89.64% of 608 companies
in the Media - Diversified industry
Industry Median: 11.835 vs CHR: 1110.76

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


Cheer Holding Interest Coverage Historical Data

The historical data trend for Cheer Holding'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.

Cheer Holding Interest Coverage Chart

Cheer Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 90.98 108.76 70.73 287.38 N/A

Cheer Holding Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 175.08 491.55 N/A 709.41 N/A

Competitive Comparison of Cheer Holding's Interest Coverage

For the Advertising Agencies subindustry, Cheer Holding'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.


Cheer Holding's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cheer Holding's Interest Coverage distribution charts can be found below:

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



Cheer Holding 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.

Cheer Holding'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, Cheer Holding's Interest Expense was $0.0 Mil. Its Operating Income was $29.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.4 Mil.

GuruFocus does not calculate Cheer Holding's interest coverage with the available data.

Cheer Holding's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, Cheer Holding's Interest Expense was $0.0 Mil. Its Operating Income was $11.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.6 Mil.

GuruFocus does not calculate Cheer Holding's interest coverage with the available data.

* 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.


Cheer Holding  (NAS:CHR) 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 .


Cheer Holding Interest Coverage Related Terms

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


Cheer Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Tuofangying South Road, 22nd Floor, Block B, Xinhua Technology Building, Jiuxianqiao, Chaoyang District, Beijing, CHN, 100016
Cheer Holding Inc is a provider of next generation mobile internet infrastructure and platform services in China. It is engaged in building a digital ecosystem that integrates platforms, applications, technology, and industry into a cohesive system, thereby creating a new, open business environment that leverages AI technology. Its portfolio includes various products and services, such as Polaris Intelligent Cloud, CHEERS Telepathy, CHEERS Open Platform, CHEERS Video, CHEERS e-Mall, CheerReal, CheerCar, CheerChat, CHEERS Fresh Group-Buying E-commerce Platform, Digital Innovation Research Institute, CHEERS Livestreaming, variety show series, IP short video matrix, and more.
Executives
Jia Lu director, 10 percent owner 22F, BLOCK B, XINHUA TECHNOLOGY TOWER, TUOFANGYING SOUTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100022
Ran Zhang director 22F, BLOCK B, XINHUA TECHNOLOGY TOWER, TUOFANGYING SOUTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100022
Bing Zhang director, 10 percent owner, officer: Chief Executive Officer 22F, BLOCK B, XINHUA TECH TOWER, TUOFANGYING SOUTH ROAD, JIUXIAMQIAO, CHAOYANG DISTRICT, BEIJING F4 100022
Shu Ming Leung director 22/F, BLOCK B, XINHUA TECHNOLOGY, NO. 8 TUOFANGYING ROAD, CHAOYANG DISTRICT, BEIJING F4 100022
Yong Li director 22/F, BLOCK B, XINHUA TECHNOLOGY, NO. 8 TUOFANGYING ROAD, CHAOYING DISTRICT, BEIJING F4 100022
Giant Fortune International Ltd 10 percent owner 510 KINGS ROAD, 10TH ISLAND PLACE TOWER, HONG KONG F4 999077
Sing Wang director, 10 percent owner, officer: CEO SUITE 1003-1004, 10/F, ICBC TOWER, THREE GARDEN ROAD, CENTRAL, HONG KONG F4 00000
Ian Lee director, officer: CFO UNIT 1631 LEVEL 16 MAN YEE BLDG, 60-68 DES VOEUX ROAD CENTRAL, HONG KONG F4 518000
Ng Joanne Sin Ting officer: Sr Dir of Business Development UNIT 1631 LEVEL 16 MAN YEE BLDG, 60-68 DES VOEUX ROAD CENTRAL, HONG KONG F4 518000
Symphony Sponsor 1 Tkk 10 percent owner UNIT 1631, LEVEL 16, MAN YEE BUILDING, 6068 DES VOEUX ROAD CENTRAL, HONG KONG F4 518000
Stephen Markscheid director C/O ENER-CORE, INC., 9400 TOLEDO WAY, IRVINE CA 92618
Zhe Zhang director UNIT 1631 LEVEL 16 MAN YEE BLDG, 60-68 DES VOEUX RD CENTRAL, HONG KONG F4 518000
James Heimowitz director UNIT 1631 LEVEL 16 MAN YEE BLDG, 60-68 VOEUX ROAD CENTRAL, HONG KONG F4 518000
Ronald Issen officer: Chief Investment Officer UNIT 1631 LEVEL 16 MAN YEE BLDG, 60-68 DES VOEUX ROAD CENTRAL, HONG KONG F4 518000