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YesAsia Holdings (FRA:4CM) Interest Coverage : 29.15 (As of Jun. 2024)


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What is YesAsia 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. YesAsia Holdings's Operating Income for the six months ended in Jun. 2024 was €13.6 Mil. YesAsia Holdings's Interest Expense for the six months ended in Jun. 2024 was €-0.5 Mil. YesAsia Holdings's interest coverage for the quarter that ended in Jun. 2024 was 29.15. The higher the ratio, the stronger the company's financial strength is.

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

FRA:4CM' s Interest Coverage Range Over the Past 10 Years
Min: 8.82   Med: 39.14   Max: 806.4
Current: 20.4


FRA:4CM's Interest Coverage is ranked better than
70.19% of 795 companies
in the Retail - Cyclical industry
Industry Median: 8.26 vs FRA:4CM: 20.40

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


YesAsia Holdings Interest Coverage Historical Data

The historical data trend for YesAsia 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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YesAsia Holdings Interest Coverage Chart

YesAsia Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 33.52 44.84 - - 8.82

YesAsia Holdings Semi-Annual Data
Dec18 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 - - 5.29 12.76 29.15

Competitive Comparison of YesAsia Holdings's Interest Coverage

For the Internet Retail subindustry, YesAsia 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.


YesAsia Holdings's Interest Coverage Distribution in the Retail - Cyclical Industry

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

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



YesAsia 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.

YesAsia 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, YesAsia Holdings's Interest Expense was €-1.1 Mil. Its Operating Income was €9.9 Mil. And its Long-Term Debt & Capital Lease Obligation was €6.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*9.853/-1.117
=8.82

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

Here, for the six months ended in Jun. 2024, YesAsia Holdings's Interest Expense was €-0.5 Mil. Its Operating Income was €13.6 Mil. And its Long-Term Debt & Capital Lease Obligation was €5.1 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*13.643/-0.468
=29.15

* 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.


YesAsia Holdings  (FRA:4CM) 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 .


YesAsia Holdings Interest Coverage Related Terms

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


YesAsia Holdings Business Description

Traded in Other Exchanges
Address
100 Kwai Cheong Road, 5th Floor, KC100, Kwai Chung, New Territories, Hong Kong, HKG
YesAsia Holdings Ltd is an investment holding company principally engaged in the procurement and sale of fashion, lifestyle, and beauty products. The company operates its business through two segments: Fashion and Lifestyle and Beauty Products segment which is engaged in the sale of fashion, lifestyle, and beauty products on YesStyle and AsianBeautyWholesale platforms, and the Entertainment Products segment is engaged in the sale of entertainment products on YesAsia platform and through offline business to business (B2B) sales channel. The company primarily sells the products through online platforms, complemented by a portion of sales of entertainment products through offline B2B sales channels.

YesAsia Holdings Headlines

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