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Crystal International Group (Crystal International Group) Interest Coverage : 15.05 (As of Dec. 2023)


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What is Crystal International Group 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. Crystal International Group's Operating Income for the six months ended in Dec. 2023 was $91 Mil. Crystal International Group's Interest Expense for the six months ended in Dec. 2023 was $-6 Mil. Crystal International Group's interest coverage for the quarter that ended in Dec. 2023 was 15.05. The higher the ratio, the stronger the company's financial strength is.

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

CRYIF' s Interest Coverage Range Over the Past 10 Years
Min: 9.58   Med: 13.43   Max: 26.27
Current: 12.99


CRYIF's Interest Coverage is ranked better than
68.98% of 719 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.22 vs CRYIF: 12.99

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


Crystal International Group Interest Coverage Historical Data

The historical data trend for Crystal International Group'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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Crystal International Group Interest Coverage Chart

Crystal International Group 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 10.18 13.18 24.77 18.20 12.99

Crystal International Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 31.79 19.33 17.34 11.28 15.05

Competitive Comparison of Crystal International Group's Interest Coverage

For the Apparel Manufacturing subindustry, Crystal International Group'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.


Crystal International Group's Interest Coverage Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Crystal International Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Crystal International Group's Interest Coverage falls into.



Crystal International Group 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.

Crystal International Group'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, Crystal International Group's Interest Expense was $-13 Mil. Its Operating Income was $173 Mil. And its Long-Term Debt & Capital Lease Obligation was $17 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*173.004/-13.316
=12.99

Crystal International Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Crystal International Group's Interest Expense was $-6 Mil. Its Operating Income was $91 Mil. And its Long-Term Debt & Capital Lease Obligation was $17 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*91.195/-6.061
=15.05

* 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.


Crystal International Group  (OTCPK:CRYIF) 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 .


Crystal International Group Interest Coverage Related Terms

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


Crystal International Group (Crystal International Group) Business Description

Traded in Other Exchanges
Address
No. 100 How Ming Street, 5-7th Floor, AXA Tower, Landmark East, Kowloon, Hong Kong, HKG
Crystal International Group Ltd is principally engaged in the manufacturing and trading of garments. Its operating segments include Lifestyle wear, Denim, Intimate, Sweater, Sportswear, and Outdoor Apparel. It generates a majority of its revenue from Lifestyle wear. Geographically, it generates the majority of revenue from the Asia Pacific which includes Japan, China, Hong Kong, and South Korea.

Crystal International Group (Crystal International Group) Headlines

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