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Gemini Investments (Holdings) (HKSE:00174) Interest Coverage : 0.80 (As of Dec. 2024)


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What is Gemini Investments (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. Gemini Investments (Holdings)'s Operating Income for the six months ended in Dec. 2024 was HK$127 Mil. Gemini Investments (Holdings)'s Interest Expense for the six months ended in Dec. 2024 was HK$-160 Mil. Gemini Investments (Holdings)'s interest coverage for the quarter that ended in Dec. 2024 was 0.80. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:00174' s Interest Coverage Range Over the Past 10 Years
Min: 0.26   Med: 1.07   Max: 3.53
Current: 1.05


HKSE:00174's Interest Coverage is ranked worse than
84.63% of 1314 companies
in the Real Estate industry
Industry Median: 3.965 vs HKSE:00174: 1.05

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


Gemini Investments (Holdings) Interest Coverage Historical Data

The historical data trend for Gemini Investments (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.

Gemini Investments (Holdings) Interest Coverage Chart

Gemini Investments (Holdings) 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 1.50 1.34 1.08 0.67 1.05

Gemini Investments (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 2.27 0.25 1.10 1.30 0.80

Competitive Comparison of Gemini Investments (Holdings)'s Interest Coverage

For the Real Estate Services subindustry, Gemini Investments (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.


Gemini Investments (Holdings)'s Interest Coverage Distribution in the Real Estate Industry

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

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


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Gemini Investments (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.

Gemini Investments (Holdings)'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, Gemini Investments (Holdings)'s Interest Expense was HK$-323 Mil. Its Operating Income was HK$338 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3,183 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*338.228/-322.509
=1.05

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

Here, for the six months ended in Dec. 2024, Gemini Investments (Holdings)'s Interest Expense was HK$-160 Mil. Its Operating Income was HK$127 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3,183 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*126.938/-159.655
=0.80

* 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.


Gemini Investments (Holdings)  (HKSE:00174) 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 .


Gemini Investments (Holdings) Interest Coverage Related Terms

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


Gemini Investments (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
88 Queensway, Suite 610, One Pacific Place, Hong Kong, HKG
Gemini Investments (Holdings) Ltd is a Hong Kong-based investment holding company. Along with its subsidiaries, the company operates in the following reportable segments: Property investment in the United States of America, Property development in the U.S., Property investment in Hong Kong, Fund investments, and Securities and other investments. A majority of its revenue is generated from the Property investment in the United States of America, which generates revenue through rental income, ancillary service income from leasing of office property and residential condominiums, and management service income. Geographically, the company generates maximum revenue from the United States, and the rest from Hong Kong and other regions.
Executives
Sino-ocean Group Holding Limited 2201 Interest of corporation controlled by you
Fortune Joy Ventures Limited 2201 Interest of corporation controlled by you
Oceanland Global Investment Limited 2201 Interest of corporation controlled by you
Hongkong Presstar Enterprise Co., Limited 2101 Beneficial owner
Zhang Li 2201 Interest of corporation controlled by you

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