GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dufu Liquor Group Ltd (HKSE:00986) » Definitions » Interest Coverage

Dufu Liquor Group (HKSE:00986) Interest Coverage : 11.13 (As of Sep. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Dufu Liquor Group 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. Dufu Liquor Group's Operating Income for the six months ended in Sep. 2024 was HK$12.43 Mil. Dufu Liquor Group's Interest Expense for the six months ended in Sep. 2024 was HK$-1.12 Mil. Dufu Liquor Group's interest coverage for the quarter that ended in Sep. 2024 was 11.13. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Dufu Liquor Group's Interest Coverage or its related term are showing as below:

HKSE:00986' s Interest Coverage Range Over the Past 10 Years
Min: 7.1   Med: 8.35   Max: 13.38
Current: 12.09


HKSE:00986's Interest Coverage is ranked better than
59.87% of 795 companies
in the Retail - Cyclical industry
Industry Median: 7.6 vs HKSE:00986: 12.09

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


Dufu Liquor Group Interest Coverage Historical Data

The historical data trend for Dufu Liquor Group'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.

Dufu Liquor Group Interest Coverage Chart

Dufu Liquor Group 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 - 7.10 8.08 10.10 8.35

Dufu Liquor Group 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 13.21 6.99 2.69 13.30 11.13

Competitive Comparison of Dufu Liquor Group's Interest Coverage

For the Luxury Goods subindustry, Dufu Liquor Group'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.


Dufu Liquor Group's Interest Coverage Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Dufu Liquor Group's Interest Coverage falls into.


;
;

Dufu Liquor Group 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.

Dufu Liquor Group'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, Dufu Liquor Group's Interest Expense was HK$-1.66 Mil. Its Operating Income was HK$13.81 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$12.23 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*13.812/-1.655
=8.35

Dufu Liquor Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, Dufu Liquor Group's Interest Expense was HK$-1.12 Mil. Its Operating Income was HK$12.43 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$15.18 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*12.427/-1.117
=11.13

* 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.


Dufu Liquor Group  (HKSE:00986) 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 .


Dufu Liquor Group Interest Coverage Related Terms

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


Dufu Liquor Group Business Description

Traded in Other Exchanges
N/A
Address
25 Harbour Road, Room 910, 9th Floor, Harbour Centre, Wanchai, Hong Kong, HKG
Dufu Liquor Group Ltd Formerly China Environmental Energy Investment Ltd is an investment holding company engaged in the purchase and sale of gold and diamonds. The group's segments are the Design and marketing of jewelry and Money Lending. The design and marketing of jewelry segment generates maximum revenue and includes the design of jewelry, OEM, and sales and marketing of jewelry. The group has a business presence in Hong Kong, the PRC, and other countries.
Executives
Guo Sha 2101 Beneficial owner
Dong Qian 2101 Beneficial owner

Dufu Liquor Group Headlines

No Headlines