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Cheuk Nang (Holdings) (HKSE:00131) Interest Coverage : 0.97 (As of Dec. 2024)


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What is Cheuk Nang (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. Cheuk Nang (Holdings)'s Operating Income for the six months ended in Dec. 2024 was HK$28.5 Mil. Cheuk Nang (Holdings)'s Interest Expense for the six months ended in Dec. 2024 was HK$-29.5 Mil. Cheuk Nang (Holdings)'s interest coverage for the quarter that ended in Dec. 2024 was 0.97. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Cheuk Nang (Holdings)'s Interest Coverage or its related term are showing as below:

HKSE:00131' s Interest Coverage Range Over the Past 10 Years
Min: 0.62   Med: 9.48   Max: 57.37
Current: 0.62


HKSE:00131's Interest Coverage is ranked worse than
91.78% of 1314 companies
in the Real Estate industry
Industry Median: 3.94 vs HKSE:00131: 0.62

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


Cheuk Nang (Holdings) Interest Coverage Historical Data

The historical data trend for Cheuk Nang (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.

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Cheuk Nang (Holdings) Interest Coverage Chart

Cheuk Nang (Holdings) Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.48 43.64 - - 0.88

Cheuk Nang (Holdings) 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 - - 2.59 0.36 0.97

Competitive Comparison of Cheuk Nang (Holdings)'s Interest Coverage

For the Real Estate - Development subindustry, Cheuk Nang (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.


Cheuk Nang (Holdings)'s Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cheuk Nang (Holdings)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cheuk Nang (Holdings)'s Interest Coverage falls into.


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Cheuk Nang (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.

Cheuk Nang (Holdings)'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, Cheuk Nang (Holdings)'s Interest Expense was HK$-51.7 Mil. Its Operating Income was HK$45.3 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.7 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*45.251/-51.668
=0.88

Cheuk Nang (Holdings)'s Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Cheuk Nang (Holdings)'s Interest Expense was HK$-29.5 Mil. Its Operating Income was HK$28.5 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$706.6 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*28.504/-29.516
=0.97

* 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.


Cheuk Nang (Holdings)  (HKSE:00131) 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 .


Cheuk Nang (Holdings) Interest Coverage Related Terms

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


Cheuk Nang (Holdings) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Suite 4901, 49th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Cheuk Nang (Holdings) Ltd is an investment holding company. The principal activities of the company's subsidiaries and associates comprise property development, investment, and management. The company has diversified its operations into four segments, being Property Sales, Property Rental, Estate Management, and Others. The majority of its revenue is derived from the Properties sales segment. Its primary geographical markets are Hong Kong, the People's Republic of China (the PRC), Macau, and Malaysia, of which the company receives maximum revenue from Hong Kong.
Executives
Yan Yin Company Limited 2101 Beneficial owner
Chao Sze Tsung Cecil 2101 Beneficial owner
Szehope Securities Company Limited 2101 Beneficial owner

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