HKD (AMTD Digital) Interest Coverage : N/A (As of Oct. 2024)

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What is AMTD Digital 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. AMTD Digital's Operating Income for the six months ended in Oct. 2024 was $0.00 Mil. AMTD Digital's Interest Expense for the six months ended in Oct. 2024 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. AMTD Digital Inc interest coverage is 2.35, which is low.

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

HKD' s Interest Coverage Range Over the Past 10 Years
Min: 1.17 Med: No Debt Max: No Debt
Current: 2.35

HKD's Interest Coverage is ranked worse than
88.04% of 1672 companies
in the Software industry
Industry Median: 26.095 vs HKD: 2.35

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

AMTD Digital Interest Coverage Historical Data

The historical data trend for AMTD Digital'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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AMTD Digital Interest Coverage Chart

AMTD Digital Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Oct24

Interest Coverage

Get a 7-Day Free Trial

No Debt

14.56

1.17

AMTD Digital Semi-Annual Data
	Apr19	Apr20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Oct24
Interest Coverage	Get a 7-Day Free Trial				No Debt	No Debt	8.09	0.34	N/A

Competitive Comparison of AMTD Digital's Interest Coverage

For the Software - Application subindustry, AMTD Digital'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.

AMTD Digital's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, AMTD Digital's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AMTD Digital's Interest Coverage falls into.

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AMTD Digital 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.

AMTD Digital's Interest Coverage for the fiscal year that ended in Oct. 2024 is calculated as

Here, for the fiscal year that ended in Oct. 2024, AMTD Digital's Interest Expense was $-10.33 Mil. Its Operating Income was $12.12 Mil. And its Long-Term Debt & Capital Lease Obligation was $174.22 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Oct. 2024 )	/	Interest Expense (A: Oct. 2024 )
	=	-1	*	12.116	/	-10.326
	=	1.17

AMTD Digital's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

Here, for the six months ended in Oct. 2024, AMTD Digital's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $174.22 Mil.

GuruFocus does not calculate AMTD Digital's interest coverage with the available data.

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

AMTD Digital (NYSE:HKD) 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 .

AMTD Digital Interest Coverage Related Terms

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

AMTD Digital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AMTD Digital Inc (NYSE:HKD) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

27-29 rue de Bassano, Paris, FRA, 75008

Website

https://www.amtdigital.net

AMTD Digital Inc along with its subsidiaries, is mainly involved in the provision of digital solutions services. Its reportable segments are digital solutions services segment, hotel operations, hospitality and VIP services segment and media and entertainment services. The company generates maximum revenue by providing financial digital solutions through its insurance brokerage services and other digital solutions services. Geographically, the company generates maximum revenue from Hong Kong and Singapore.