UMP Healthcare Holdings (HKSE:00722) Interest Coverage : 12.10 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is UMP Healthcare 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. UMP Healthcare Holdings's Operating Income for the six months ended in Dec. 2023 was HK$43.8 Mil. UMP Healthcare Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-3.6 Mil. UMP Healthcare Holdings's interest coverage for the quarter that ended in Dec. 2023 was 12.10. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:00722' s Interest Coverage Range Over the Past 10 Years
Min: 15.39 Med: No Debt Max: No Debt
Current: 15.39

HKSE:00722's Interest Coverage is ranked better than
60.1% of 406 companies
in the Healthcare Providers & Services industry
Industry Median: 9.145 vs HKSE:00722: 15.39

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

UMP Healthcare Holdings Interest Coverage Historical Data

The historical data trend for UMP Healthcare 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.

UMP Healthcare Holdings Interest Coverage Chart

UMP Healthcare Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Coverage

Get a 7-Day Free Trial

No Debt

20.86

48.95

34.77

22.79

UMP Healthcare Holdings Semi-Annual Data
	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														46.43	24.50	25.55	19.78	12.10

Competitive Comparison of UMP Healthcare Holdings's Interest Coverage

For the Medical Care Facilities subindustry, UMP Healthcare 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.

UMP Healthcare Holdings's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, UMP Healthcare Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where UMP Healthcare Holdings's Interest Coverage falls into.

UMP Healthcare 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.

UMP Healthcare Holdings's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, UMP Healthcare Holdings's Interest Expense was HK$-5.7 Mil. Its Operating Income was HK$129.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$64.9 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jun. 2023 )	/	Interest Expense (A: Jun. 2023 )
	=	-1	*	129.358	/	-5.675
	=	22.79

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

Here, for the six months ended in Dec. 2023, UMP Healthcare Holdings's Interest Expense was HK$-3.6 Mil. Its Operating Income was HK$43.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$73.6 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	43.843	/	-3.623
	=	12.10

The higher the ratio, the stronger the company's Financial Strength is.

UMP Healthcare Holdings (HKSE:00722) 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 .

UMP Healthcare Holdings Interest Coverage Related Terms

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

UMP Healthcare Holdings (HKSE:00722) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » UMP Healthcare Holdings Ltd (HKSE:00722) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

71 Des Voeux Road Central, Wing On House, 27th Floor, Hong Kong, HKG

Website

https://www.ump.com.hk

UMP Healthcare Holdings Ltd is an investment holding company. It is engaged in the provision of healthcare services that includes corporate healthcare solution services, medical and dental services, medical imaging and laboratory services, other auxiliary medical services, and healthcare management services. The operating business segments are Hong Kong & Macau Corporate healthcare solution services; Hong Kong & Macau Clinical healthcare services and Mainland China Clinical Healthcare Services segment which is engaged in the provision of health check-up service and selected outpatient services in Mainland China. Its geographical segments include Hong Kong, Mainland China, and Macau, of which the majority of the revenue comes from Hong Kong.

Executives

Sun Yiu Kwong	2101 Beneficial owner
Cheng Yu Tung Family (holdings Ii) Limited	2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited	2201 Interest of corporation controlled by you
Chow Tai Fook Enterprises Limited	2201 Interest of corporation controlled by you
The Gba Healthcare Holdings Limited	2101 Beneficial owner
East Majestic Group Limited	2101 Beneficial owner
Em Team Limited	2101 Beneficial owner
Healthcare Ventures Holdings Limited	2101 Beneficial owner
China Resources Company Limited	2201 Interest of corporation controlled by you
China Resources Medical Holdings Company Limited	2201 Interest of corporation controlled by you
Law Siu Wah Eddie	2201 Interest of corporation controlled by you

UMP Healthcare Holdings (HKSE:00722) Headlines

No Headlines