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Greenland Hong Kong Holdings (HKSE:00337) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Greenland Hong Kong 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. Greenland Hong Kong Holdings's Operating Income for the six months ended in Dec. 2024 was HK$-792 Mil. Greenland Hong Kong Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-251 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 Greenland Hong Kong Holdings's Interest Coverage or its related term are showing as below:


HKSE:00337's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.995
* 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.


Greenland Hong Kong Holdings Interest Coverage Historical Data

The historical data trend for Greenland Hong Kong 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.

Greenland Hong Kong Holdings Interest Coverage Chart

Greenland Hong Kong 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 20.35 24.50 18.89 13.06 -

Greenland Hong Kong 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 65.70 13.57 11.77 3.74 -

Competitive Comparison of Greenland Hong Kong Holdings's Interest Coverage

For the Real Estate - Development subindustry, Greenland Hong Kong 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.


Greenland Hong Kong Holdings's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Greenland Hong Kong Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Greenland Hong Kong Holdings's Interest Coverage falls into.


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Greenland Hong Kong 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.

Greenland Hong Kong 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, Greenland Hong Kong Holdings's Interest Expense was HK$-383 Mil. Its Operating Income was HK$-298 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$6,571 Mil.

Greenland Hong Kong Holdings did not have earnings to cover the interest expense.

Greenland Hong Kong Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Greenland Hong Kong Holdings's Interest Expense was HK$-251 Mil. Its Operating Income was HK$-792 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$6,571 Mil.

Greenland Hong Kong 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.


Greenland Hong Kong Holdings  (HKSE:00337) 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 .


Greenland Hong Kong Holdings Interest Coverage Related Terms

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Greenland Hong Kong Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 193, Xiehe Road, Changning District, Shanghai, CHN
Greenland Hong Kong Holdings Ltd is a real estate development company that operates in China and has a presence in several countries internationally. The Group has four reportable segments, Sales of properties; Lease of properties; Hotel and related services; and Property management and other services. The majority is from the Sales of properties segment which includes the development and sales of residential properties. Geographically, the Group mainly operates in the PRC.
Executives
Hsbc International Trustee Limited 2301 Trustee
Wang Xuling 2305 Beneficiary of a trust
Brilliant Bright Investment Limited 2201 Interest of corporation controlled by you
Wang Weixian 2307 Founder of a discretionary trust who can infl
Spg Investment Holdings Ltd 2101 Beneficial owner
Reach Top Holding Limited 2201 Interest of corporation controlled by you

Greenland Hong Kong Holdings Headlines

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