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Sheng Yuan Holdings (HKSE:00851) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Sheng Yuan 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. Sheng Yuan Holdings's Operating Income for the six months ended in Dec. 2024 was HK$-13.98 Mil. Sheng Yuan Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-0.09 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sheng Yuan Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

HKSE:00851' s Interest Coverage Range Over the Past 10 Years
Min: 0.43   Med: 2.64   Max: 74.41
Current: 74.41


HKSE:00851's Interest Coverage is ranked better than
60.7% of 458 companies
in the Capital Markets industry
Industry Median: 20.545 vs HKSE:00851: 74.41

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


Sheng Yuan Holdings Interest Coverage Historical Data

The historical data trend for Sheng Yuan 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.

Sheng Yuan Holdings Interest Coverage Chart

Sheng Yuan Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 2.28 0.43 - 74.41

Sheng Yuan Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - - 255.74 -

Competitive Comparison of Sheng Yuan Holdings's Interest Coverage

For the Capital Markets subindustry, Sheng Yuan 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.


Sheng Yuan Holdings's Interest Coverage Distribution in the Capital Markets Industry

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

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


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Sheng Yuan 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.

Sheng Yuan 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, Sheng Yuan Holdings's Interest Expense was HK$-0.20 Mil. Its Operating Income was HK$15.18 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*15.179/-0.204
=74.41

Sheng Yuan Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Sheng Yuan Holdings's Interest Expense was HK$-0.09 Mil. Its Operating Income was HK$-13.98 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.00 Mil.

Sheng Yuan 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.


Sheng Yuan Holdings  (HKSE:00851) 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 .


Sheng Yuan Holdings Interest Coverage Related Terms

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


Sheng Yuan Holdings Business Description

Traded in Other Exchanges
N/A
Address
No.183 Queen’s Road Central, Units 3208-9, 32th Floor, Glaza, Cosco Tower, Sheung Wan, Hong Kong, HKG
Sheng Yuan Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in the provision of financial services in Hong Kong. The operating business segments are securities brokerage and financial services is engaged in the provision of discretionary and non-discretionary dealing services for securities, securities placing and underwriting services, margin financing and money lending services, corporate finance advisory and general advisory services; asset management services provides fund management and discretionary portfolio management and investment advisory services; the proprietary trading segment is engaged in investment holding and securities trading; and trading business is engaged in Financing services. It derives revenue from Hong Kong.
Executives
Yuan Yin Kong Gu You Xian Gong Si 2101 Beneficial owner
Liu Yang 2201 Interest of corporation controlled by you
Meng Hao Xiang 2202 Interest of your spouse
Zhao Jian Yun 2101 Beneficial owner
Cao Hai Xia 2202 Interest of your spouse
Shao Yong Chao 2101 Beneficial owner

Sheng Yuan Holdings Headlines

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