CLIK (Click Holdings) Interest Coverage : 31.18 (As of Jun. 2024)

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What is Click 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. Click Holdings's Operating Income for the six months ended in Jun. 2024 was $0.53 Mil. Click Holdings's Interest Expense for the six months ended in Jun. 2024 was $-0.02 Mil. Click Holdings's interest coverage for the quarter that ended in Jun. 2024 was 31.18. The higher the ratio, the stronger the company's financial strength is.

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

CLIK' s Interest Coverage Range Over the Past 10 Years
Min: 35.76 Med: 37.28 Max: 37.6
Current: 35.76

CLIK's Interest Coverage is ranked better than
77.5% of 80 companies
in the Personal Services industry
Industry Median: 11.775 vs CLIK: 35.76

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

Click Holdings Interest Coverage Historical Data

The historical data trend for Click 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.

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Click Holdings Interest Coverage Chart

Click Holdings Annual Data

Trend

Dec22

Dec23

Interest Coverage

37.60

36.96

Click Holdings Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Interest Coverage	N/A	32.08	42.25	31.18

Competitive Comparison of Click Holdings's Interest Coverage

For the Personal Services subindustry, Click 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.

Click Holdings's Interest Coverage Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Click Holdings's Interest Coverage distribution charts can be found below:

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

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Click 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.

Click 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, Click Holdings's Interest Expense was $-0.03 Mil. Its Operating Income was $0.92 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.06 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	0.924	/	-0.025
	=	36.96

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

Here, for the six months ended in Jun. 2024, Click Holdings's Interest Expense was $-0.02 Mil. Its Operating Income was $0.53 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	0.53	/	-0.017
	=	31.18

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

Click Holdings (NAS:CLIK) 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 .

Click Holdings Interest Coverage Related Terms

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

Click Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Click Holdings Ltd (NAS:CLIK) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Canton Road, Unit 709, 7th Floor, Ocean Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.clicksc.com.hk

Click Holdings Ltd is a human resources solutions provider, specializing in offering comprehensive human resources solutions. It is focused on talent sourcing and the provision of temporary and permanent personnel to customers and also in placing professional accountants and company secretaries, registered nurses and healthcare workers as well as other blue-collar workers, for direct hire and contract staffing roles. The Company operates in three segments, 1) professional solution services, 2) nursing solution services and 3) logistic and other solution services. Maximum revenue is generated from Professional solution services and Hong Kong.