Maxnerva Technology Services (HKSE:01037) Interest Coverage : N/A (As of Dec. 2024)

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

What is Maxnerva Technology Services 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. Maxnerva Technology Services's Operating Income for the six months ended in Dec. 2024 was HK$3.4 Mil. Maxnerva Technology Services's Interest Expense for the six months ended in Dec. 2024 was HK$0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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. Maxnerva Technology Services Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Maxnerva Technology Services's Interest Coverage or its related term are showing as below:

HKSE:01037's Interest Coverage is not ranked ^*
in the Software industry.
Industry Median: 27.9
* 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.

Maxnerva Technology Services Interest Coverage Historical Data

The historical data trend for Maxnerva Technology Services'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.

Maxnerva Technology Services Interest Coverage Chart

Maxnerva Technology Services Annual Data

Trend

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

Get a 7-Day Free Trial

20.02

15.16

49.80

4.19

16.73

Maxnerva Technology Services Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial															N/A	N/A	N/A	N/A	N/A

Competitive Comparison of Maxnerva Technology Services's Interest Coverage

For the Information Technology Services subindustry, Maxnerva Technology Services'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.

Maxnerva Technology Services's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Maxnerva Technology Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Maxnerva Technology Services's Interest Coverage falls into.

Save Embed

;

Save Embed

;

Maxnerva Technology Services 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.

Maxnerva Technology Services'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, Maxnerva Technology Services's Interest Expense was HK$-0.3 Mil. Its Operating Income was HK$4.9 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$5.3 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	4.868	/	-0.291
	=	16.73

Maxnerva Technology Services's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Maxnerva Technology Services's Interest Expense was HK$0.0 Mil. Its Operating Income was HK$3.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$5.3 Mil.

GuruFocus does not calculate Maxnerva Technology Services's interest coverage with the available data.

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

Maxnerva Technology Services (HKSE:01037) 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 .

Maxnerva Technology Services Interest Coverage Related Terms

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

Maxnerva Technology Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maxnerva Technology Services Ltd (HKSE:01037) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

63 Mody Road, Room 1001, 10th Floor, Houston Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

http://www.maxnerva.com

Maxnerva Technology Services Ltd is an investment holding company engaged in the operating segments of Smart Office Business, Industrial Solution Business and New Retail Business. Smart Office business segment is engaged in the provision of video conference related solutions plus brand licensing and supply chain management of smart office equipment. Industrial Solution Business segment is involved in the provision of smart manufacturing solutions and services to improve the effectiveness and efficiency of production lines, plant facilities and the management of industrial parks .New Retail business segment provides advanced digital signage and other retail solutions to their customers It has a business presence in Hong Kong, the PRC, the United States, Taiwan and others.

Executives

Fsk Holdings Limited	2201 Interest of corporation controlled by you
Fdg Fund, L.p.	2101 Beneficial owner
Tse Tik Yang Denis	2201 Interest of corporation controlled by you
Foxconn (far East) Limited	2101 Beneficial owner

Maxnerva Technology Services Headlines

No Headlines