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China Electronics Huada Technology Co (HKSE:00085) Interest Coverage : 14.69 (As of Dec. 2024)


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What is China Electronics Huada Technology 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 Electronics Huada Technology Co's Operating Income for the six months ended in Dec. 2024 was HK$276 Mil. China Electronics Huada Technology Co's Interest Expense for the six months ended in Dec. 2024 was HK$-19 Mil. China Electronics Huada Technology Co's interest coverage for the quarter that ended in Dec. 2024 was 14.69. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:00085' s Interest Coverage Range Over the Past 10 Years
Min: 0.46   Med: 1.15   Max: 16.83
Current: 16.06


HKSE:00085's Interest Coverage is ranked worse than
55.32% of 602 companies
in the Semiconductors industry
Industry Median: 20 vs HKSE:00085: 16.06

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 Electronics Huada Technology Co Interest Coverage Historical Data

The historical data trend for China Electronics Huada Technology 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.

* Premium members only.

China Electronics Huada Technology Co Interest Coverage Chart

China Electronics Huada Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 3.67 15.13 16.83 16.06

China Electronics Huada Technology 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 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 15.16 28.44 4.74 17.37 14.69

Competitive Comparison of China Electronics Huada Technology Co's Interest Coverage

For the Semiconductors subindustry, China Electronics Huada Technology 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 Electronics Huada Technology Co's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, China Electronics Huada Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China Electronics Huada Technology Co's Interest Coverage falls into.


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China Electronics Huada Technology 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 Electronics Huada Technology Co's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, China Electronics Huada Technology Co's Interest Expense was HK$-38 Mil. Its Operating Income was HK$615 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$14 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*615.088/-38.31
=16.06

China Electronics Huada Technology 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 Electronics Huada Technology Co's Interest Expense was HK$-19 Mil. Its Operating Income was HK$276 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$14 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*275.925/-18.78
=14.69

* 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.


China Electronics Huada Technology Co  (HKSE:00085) 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 Electronics Huada Technology Co Interest Coverage Related Terms

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China Electronics Huada Technology Co Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 3403, 34th Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Electronics Huada Technology Co Ltd is engaged in the design and sale of integrated circuit chips. The company has only one reportable segment named as Sale of integrated circuit products. The products of the company are mainly used in smart cards, RFID, and wireless communication network. It derives the majority of its revenues from the PRC.
Executives
Huada Semiconductor Co., Ltd 2201 Interest of corporation controlled by you
China Electronics Corporation (bvi) Holdings Company Limited 2101 Beneficial owner
Zhong Guo Dian Zi Xin Xi Chan Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Dian Zi You Xian Gong Si 2201 Interest of corporation controlled by you

China Electronics Huada Technology Co Headlines

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