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Jiahua Stores Holdings (HKSE:00602) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Jiahua Stores 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. Jiahua Stores Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-52.4 Mil. Jiahua Stores Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-28.9 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 Jiahua Stores Holdings's Interest Coverage or its related term are showing as below:


HKSE:00602's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.93
* 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.


Jiahua Stores Holdings Interest Coverage Historical Data

The historical data trend for Jiahua Stores 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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Jiahua Stores Holdings Interest Coverage Chart

Jiahua Stores Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Jiahua Stores Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Jiahua Stores Holdings's Interest Coverage

For the Department Stores subindustry, Jiahua Stores 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.


Jiahua Stores Holdings's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jiahua Stores Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jiahua Stores Holdings's Interest Coverage falls into.



Jiahua Stores 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.

Jiahua Stores 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, Jiahua Stores Holdings's Interest Expense was HK$-51.3 Mil. Its Operating Income was HK$-66.9 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$628.8 Mil.

Jiahua Stores Holdings did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2023, Jiahua Stores Holdings's Interest Expense was HK$-28.9 Mil. Its Operating Income was HK$-52.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$628.8 Mil.

Jiahua Stores 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.


Jiahua Stores Holdings  (HKSE:00602) 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 .


Jiahua Stores Holdings Interest Coverage Related Terms

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Jiahua Stores Holdings (HKSE:00602) Business Description

Traded in Other Exchanges
N/A
Address
Number 2146 Xinhu Road, 4th Floor, Jiahua Ming Yuan, Baoan Central District, Shenzhen, CHN, 518101
Jiahua Stores Holdings Ltd operates large scale chain stores. The company's main activity includes operation and management of retail stores and provision of financing services. It mainly operates retail stores in Guangdong and Guangxi of China.

Jiahua Stores Holdings (HKSE:00602) Headlines

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