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Artini Holdings (HKSE:00789) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Artini 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. Artini Holdings's Operating Income for the six months ended in Sep. 2024 was HK$-7.2 Mil. Artini Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$-0.2 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 Artini Holdings's Interest Coverage or its related term are showing as below:


HKSE:00789's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.6
* 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.


Artini Holdings Interest Coverage Historical Data

The historical data trend for Artini 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.

Artini Holdings Interest Coverage Chart

Artini Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 173.55 - - - -

Artini Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 Artini Holdings's Interest Coverage

For the Luxury Goods subindustry, Artini 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.


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

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

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


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Artini 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.

Artini Holdings'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, Artini Holdings's Interest Expense was HK$-0.1 Mil. Its Operating Income was HK$-12.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$5.9 Mil.

Artini Holdings did not have earnings to cover the interest expense.

Artini Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, Artini Holdings's Interest Expense was HK$-0.2 Mil. Its Operating Income was HK$-7.2 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3.4 Mil.

Artini 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.


Artini Holdings  (HKSE:00789) 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 .


Artini Holdings Interest Coverage Related Terms

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


Artini Holdings Business Description

Traded in Other Exchanges
N/A
Address
1 Austin Road West, Unit No.8502, Level 85, International Commerce Centre, Kowloon, Hong Kong, HKG
Artini Holdings Ltd is engaged in integrated fashion accessories platform business. The activities of the company involve Wholesaling of fashion accessories products mainly through the group's self-operated online platform; and Retail and distribution of fashion accessories products through third-party retail online platforms for retail customers in the PRC and third-party physical points of sale by authorized distributors and consignees in the PRC and Hong Kong, offline wholesale channels for the trading of fashion accessories products to wholesale customers. The group has a business presence in Hong Kong and The PRC, other than Hong Kong and Macao.
Executives
Chen Long 2201 Interest of corporation controlled by you
Lin Chenjie 2202 Interest of your spouse
Fu Xing Tou Zi Fa Zhan Shen Zhen You Xian Gong Si 2201 Interest of corporation controlled by you
Chen Wei 2201 Interest of corporation controlled by you
Global Venture Capital Limited 2101 Beneficial owner
Li Ailing 2202 Interest of your spouse
Wu Longfan 2201 Interest of corporation controlled by you
Shen Zhen He Xin Gong Sheng Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Shen Zhen Shi Xing Long Tian Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Shi Huan Qiu Yi Dong Dian Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Shi Wei Shan Tou Zi Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Chen Jing Jing 2202 Interest of your spouse
Walifax Investments Limited 2101 Beneficial owner
Tse Hoi Chau 2201 Interest of corporation controlled by you
Yu Zhonglian 2202 Interest of your spouse

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