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PT International Development (HKSE:00372) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is PT International Development 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. PT International Development's Operating Income for the six months ended in Sep. 2024 was HK$-24.5 Mil. PT International Development's Interest Expense for the six months ended in Sep. 2024 was HK$-8.3 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 PT International Development's Interest Coverage or its related term are showing as below:


HKSE:00372's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 20.1
* 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.


PT International Development Interest Coverage Historical Data

The historical data trend for PT International Development'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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PT International Development Interest Coverage Chart

PT International Development Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
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PT International Development Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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Competitive Comparison of PT International Development's Interest Coverage

For the Capital Markets subindustry, PT International Development'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.


PT International Development's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT International Development's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT International Development's Interest Coverage falls into.


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PT International Development 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.

PT International Development's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, PT International Development's Interest Expense was HK$-16.9 Mil. Its Operating Income was HK$-158.6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$109.9 Mil.

PT International Development did not have earnings to cover the interest expense.

PT International Development's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, PT International Development's Interest Expense was HK$-8.3 Mil. Its Operating Income was HK$-24.5 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$110.2 Mil.

PT International Development 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.


PT International Development  (HKSE:00372) 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 .


PT International Development Interest Coverage Related Terms

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PT International Development Business Description

Traded in Other Exchanges
N/A
Address
181-185 Gloucester Road, 11th Floor, Centre Point, Wanchai, Hong Kong, HKG
PT International Development Corp Ltd is an investment holding company. The operating segments of the company are Trading; Long term investment, Petrochemical, Financial Institute business, Finance and Others. The firm generates maximum revenue from the Trading segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the People's Republic of China, the United States, and Mauritius.
Executives
Ching Man Chun Louis 2201 Interest of corporation controlled by you
Marching Great Limited 2101 Beneficial owner
Champion Choice Holdings Limited 2101 Beneficial owner
Zhu Bin 2101 Beneficial owner

PT International Development Headlines

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