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YNBY International (HKSE:00030) Interest Coverage : 9.03 (As of Sep. 2023)


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What is YNBY International 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. YNBY International's Operating Income for the six months ended in Sep. 2023 was HK$21.8 Mil. YNBY International's Interest Expense for the six months ended in Sep. 2023 was HK$-2.4 Mil. YNBY International's interest coverage for the quarter that ended in Sep. 2023 was 9.03. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:00030' s Interest Coverage Range Over the Past 10 Years
Min: 0.67   Med: 5.87   Max: 13.08
Current: 1.77


HKSE:00030's Interest Coverage is ranked worse than
82.17% of 460 companies
in the Capital Markets industry
Industry Median: 21.035 vs HKSE:00030: 1.77

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


YNBY International Interest Coverage Historical Data

The historical data trend for YNBY International'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.

* Premium members only.

YNBY International Interest Coverage Chart

YNBY International Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 10.94 13.08 5.87 -

YNBY International Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only Premium Member Only - - - - 9.03

Competitive Comparison of YNBY International's Interest Coverage

For the Capital Markets subindustry, YNBY International'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.


YNBY International's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, YNBY International's Interest Coverage distribution charts can be found below:

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



YNBY International 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.

YNBY International's Interest Coverage for the fiscal year that ended in Mar. 2022 is calculated as

Here, for the fiscal year that ended in Mar. 2022, YNBY International's Interest Expense was HK$-3.9 Mil. Its Operating Income was HK$-1,091.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3.4 Mil.

YNBY International did not have earnings to cover the interest expense.

YNBY International's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, YNBY International's Interest Expense was HK$-2.4 Mil. Its Operating Income was HK$21.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$15.3 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*21.845/-2.42
=9.03

* 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.


YNBY International  (HKSE:00030) 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 .


YNBY International Interest Coverage Related Terms

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


YNBY International (HKSE:00030) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 Harbour Road, Room 2709-10, 27th Floor, China Resources Building, Wanchai, Hong Kong, HKG
YNBY International Ltd, formerly Ban Loong Holdings Ltd is an investment holding company. The company's operating segment includes trading of goods and commodities. Trading segment engages in the trading of goods and commodities that include cosmetic and personal care products. It generates maximum revenue from the Trading segment. Geographically, it derives a majority of revenue from HongKong.
Executives
Luo Ga 2201 Interest of corporation controlled by you
Gold Bricks Holdings Limited 2201 Interest of corporation controlled by you
Huang Bin 2201 Interest of corporation controlled by you
Citic Group Corporation 2201 Interest of corporation controlled by you
Shang Hai Guo Ji Xin Tuo You Xian Gong Si 2301 Trustee
Yun Bai Yao Xiang Gang You Xian Gong Si 2101 Beneficial owner
Yun Nan Bai Yao Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Choi Chit Sze, Jackson 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you
Citic International Financial Holdings Limited 2201 Interest of corporation controlled by you
China United International Group Limited 2201 Interest of corporation controlled by you
China Citic Bank Corporation Limited 2201 Interest of corporation controlled by you
Citic International Assets Management Limited 2201 Interest of corporation controlled by you
Sunwah Greatwall Group Limited 2101 Beneficial owner
Radiant Goldstone Holdings Limited 2201 Interest of corporation controlled by you

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