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South China Financial Holdings (HKSE:00619) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is South China Financial 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. South China Financial Holdings's Operating Income for the six months ended in Dec. 2024 was HK$-27.14 Mil. South China Financial Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-9.50 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 South China Financial Holdings's Interest Coverage or its related term are showing as below:


HKSE:00619's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 20.545
* 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.


South China Financial Holdings Interest Coverage Historical Data

The historical data trend for South China Financial 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.

South China Financial Holdings Interest Coverage Chart

South China Financial Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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South China Financial Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of South China Financial Holdings's Interest Coverage

For the Capital Markets subindustry, South China Financial 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.


South China Financial Holdings's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, South China Financial Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where South China Financial Holdings's Interest Coverage falls into.


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South China Financial 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.

South China Financial 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, South China Financial Holdings's Interest Expense was HK$-16.27 Mil. Its Operating Income was HK$-57.08 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$170.44 Mil.

South China Financial Holdings did not have earnings to cover the interest expense.

South China Financial Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, South China Financial Holdings's Interest Expense was HK$-9.50 Mil. Its Operating Income was HK$-27.14 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$170.44 Mil.

South China Financial 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.


South China Financial Holdings  (HKSE:00619) 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 .


South China Financial Holdings Interest Coverage Related Terms

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


South China Financial Holdings Business Description

Traded in Other Exchanges
N/A
Address
1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG
South China Financial Holdings Ltd is an investment holding company. Its business activities are segmented as Broking segment; Trading and investment segment; Margin financing and money lending segment; Corporate advisory and underwriting segment; Asset and wealth management segment; Property investment segment and other business segments that engage in the provision of clearing and custodian services. It generates key revenue from the Media publications and financial public relations services segment. The group generates prime revenue from Hong Kong.
Executives
Ng Yuk Yeung Paul 2101 Beneficial owner
Thousand China Investments Limited 2101 Beneficial owner
Ng Hung Sang 2201 Interest of corporation controlled by you
Ng Lai King Pamela 2202 Interest of your spouse
Total Grace Investments Limited 2101 Beneficial owner
Parkfield Holdings Limited 2101 Beneficial owner
Fung Shing Group Limited 2101 Beneficial owner

South China Financial Holdings Headlines

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