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Superland Group Holdings (HKSE:00368) Interest Coverage : 2.29 (As of Dec. 2023)


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What is Superland Group 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. Superland Group Holdings's Operating Income for the six months ended in Dec. 2023 was HK$37 Mil. Superland Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-16 Mil. Superland Group Holdings's interest coverage for the quarter that ended in Dec. 2023 was 2.29. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:00368' s Interest Coverage Range Over the Past 10 Years
Min: 1.94   Med: 3.15   Max: 4.68
Current: 1.94


HKSE:00368's Interest Coverage is ranked worse than
81.21% of 1261 companies
in the Construction industry
Industry Median: 7.08 vs HKSE:00368: 1.94

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


Superland Group Holdings Interest Coverage Historical Data

The historical data trend for Superland Group 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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Superland Group Holdings Interest Coverage Chart

Superland Group Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 3.49 2.27 2.48 3.15 1.94

Superland Group Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.56 - 4.86 1.57 2.29

Competitive Comparison of Superland Group Holdings's Interest Coverage

For the Engineering & Construction subindustry, Superland Group 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.


Superland Group Holdings's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Superland Group Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Superland Group Holdings's Interest Coverage falls into.



Superland Group 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.

Superland Group Holdings's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Superland Group Holdings's Interest Expense was HK$-31 Mil. Its Operating Income was HK$61 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*60.837/-31.417
=1.94

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

Here, for the six months ended in Dec. 2023, Superland Group Holdings's Interest Expense was HK$-16 Mil. Its Operating Income was HK$37 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*36.528/-15.974
=2.29

* 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.


Superland Group Holdings  (HKSE:00368) 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 .


Superland Group Holdings Interest Coverage Related Terms

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


Superland Group Holdings (HKSE:00368) Business Description

Traded in Other Exchanges
N/A
Address
181 Wai Yip Street, Yin Da Commercial Building, Flat A&B, 3rd Floor, Kwun Tong, Kowloon, Hong Kong, CHN
Superland Group Holdings Ltd is a contractor based in Hong Kong providing fitting-out services and repair and maintenance services registered electrical contractor, registered sub-contractor and registered minor works contractor in Hong Kong. Its fitting-out services cover ceiling, flooring, wall, lighting, glass, metal, wood, stone and plastering works conducted on new buildings and property projects. It also sources and installs doors, furniture and accessories tailor-made according to the specifications of its customers. Its repair and maintenance services cover upgrade, restoration and improvement, and repair, replacement or installation of interior decorative parts conducted on existing premises.
Executives
Fate Investment Company Limited 2101 Beneficial owner
Ng Chi Chiu 2201 Interest of corporation controlled by you
Zhao Haiyan Chloe 2202 Interest of your spouse

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