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Champion Technology Holdings (HKSE:00092) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Champion Technology 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. Champion Technology Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-5.0 Mil. Champion Technology Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-0.0 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


HKSE:00092's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.645
* Ranked among companies with meaningful Interest Coverage only.

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


Champion Technology Holdings Interest Coverage Historical Data

The historical data trend for Champion Technology 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.

* Premium members only.

Champion Technology Holdings Interest Coverage Chart

Champion Technology Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
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Champion Technology Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Champion Technology Holdings's Interest Coverage

For the Oil & Gas Midstream subindustry, Champion Technology 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.


Champion Technology Holdings's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Champion Technology Holdings's Interest Coverage distribution charts can be found below:

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



Champion Technology 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.

Champion Technology Holdings's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Champion Technology Holdings's Interest Expense was HK$-0.2 Mil. Its Operating Income was HK$-15.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Champion Technology Holdings did not have earnings to cover the interest expense.

Champion Technology Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Champion Technology Holdings's Interest Expense was HK$-0.0 Mil. Its Operating Income was HK$-5.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Champion Technology Holdings did not have earnings to cover the interest expense.

* 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.


Champion Technology Holdings  (HKSE:00092) 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 .


Champion Technology Holdings Interest Coverage Related Terms

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


Champion Technology Holdings (HKSE:00092) Business Description

Traded in Other Exchanges
N/A
Address
188 Connaught Road West, Units 4214-15, 42nd Floor, Hong Kong Plaza, Hong Kong, HKG
Champion Technology Holdings Ltd is engaged in the business of systems sales and licensing. It operates in several segments which include Sales of cultural products, Technology: Smart City Solution Business, Technology Renewable energy, Trading of gasoil and related business, and Strategic investments. It generates maximum revenue from the Technology Renewable energy segment, which includes income from design and sales of renewable energy products and solutions.

Champion Technology Holdings (HKSE:00092) Headlines

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