China Motor Bus Co (HKSE:00026) Interest Coverage : No Debt ⁽¹⁾ (As of Dec. 2024)

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What is China Motor Bus Co 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. China Motor Bus Co's Operating Income for the six months ended in Dec. 2024 was HK$13.37 Mil. China Motor Bus Co's Interest Expense for the six months ended in Dec. 2024 was HK$0.00 Mil. China Motor Bus Co has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

China Motor Bus Co Ltd has no debt.

(1) 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.

The historical rank and industry rank for China Motor Bus Co's Interest Coverage or its related term are showing as below:

HKSE:00026' s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

HKSE:00026's Interest Coverage is ranked better than
99.54% of 1310 companies
in the Real Estate industry
Industry Median: 3.97 vs HKSE:00026: No Debt

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

China Motor Bus Co Interest Coverage Historical Data

The historical data trend for China Motor Bus Co'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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China Motor Bus Co Interest Coverage Chart

China Motor Bus Co Annual Data

Trend

Jun15

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Interest Coverage

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No Debt

China Motor Bus Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of China Motor Bus Co's Interest Coverage

For the Real Estate - Diversified subindustry, China Motor Bus Co'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.

China Motor Bus Co's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Motor Bus Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China Motor Bus Co's Interest Coverage falls into.

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China Motor Bus Co 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.

China Motor Bus Co's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, China Motor Bus Co's Interest Expense was HK$0.00 Mil. Its Operating Income was HK$30.67 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

China Motor Bus Co had no debt ⁽¹⁾.

China Motor Bus Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, China Motor Bus Co's Interest Expense was HK$0.00 Mil. Its Operating Income was HK$13.37 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

China Motor Bus Co had no debt ⁽¹⁾.

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

China Motor Bus Co (HKSE:00026) 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 .

China Motor Bus Co Interest Coverage Related Terms

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

China Motor Bus Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Motor Bus Co Ltd (HKSE:00026) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

510 King’s Road, 2606-08, 26th Floor, Island Place Tower, North Point, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/cmb

China Motor Bus Co Ltd is engaged in property development and investment. The company operates in two segments that include property development & investment and treasury management. Property development and investment segment encompass activities relating to the development, construction, sale, and marketing of the group's trading properties in Hong Kong and property leasing. The Treasury management segment includes activities for managing the group's listed investments, financial assets, and other treasury operations. Its geographical segments include Hong Kong and the United Kingdom, of which the majority of the revenue is derived from Hong Kong.

Executives

Chan E Pek Eliza (as One Of The Administrators Of The Estate Of Chan Kwan Shat	2304 Executor or administrator
Chan E Sun Ivy (as One Of The Administrators Of Chan Kwan Shat)	2304 Executor or administrator
Chan Man Lung Eddie (as One Of The Administrators Of Chan Kwan Shat)	2304 Executor or administrator
Chan Yee Mun Mary (as One Of The Administrators Of Chan Kwan Shat)	2304 Executor or administrator
Ngan Kit Ling	2304 Executor or administrator
Ngan Soo Shieh Ven Maria	2101 Beneficial owner
Hyacinth Development Holdings Limited	2101 Beneficial owner
Chee Sing Wan Sylvana	2201 Interest of corporation controlled by you
Bank Of East Asia	2304 Executor or administrator
Helmreich Fritz	2202 Interest of your spouse

China Motor Bus Co Headlines

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China Motor Bus Co (HKSE:00026) Interest Coverage : No Debt (1) (As of Dec. 2024)