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China Resources Mixc Lifestyle Services (HKSE:01209) Interest Coverage : 38.07 (As of Dec. 2024)


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What is China Resources Mixc Lifestyle 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. China Resources Mixc Lifestyle Services's Operating Income for the six months ended in Dec. 2024 was HK$2,327 Mil. China Resources Mixc Lifestyle Services's Interest Expense for the six months ended in Dec. 2024 was HK$-61 Mil. China Resources Mixc Lifestyle Services's interest coverage for the quarter that ended in Dec. 2024 was 38.07. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for China Resources Mixc Lifestyle Services's Interest Coverage or its related term are showing as below:

HKSE:01209' s Interest Coverage Range Over the Past 10 Years
Min: 4.6   Med: 20.65   Max: 37.87
Current: 37.87


HKSE:01209's Interest Coverage is ranked better than
81.89% of 1314 companies
in the Real Estate industry
Industry Median: 3.94 vs HKSE:01209: 37.87

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


China Resources Mixc Lifestyle Services Interest Coverage Historical Data

The historical data trend for China Resources Mixc Lifestyle 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.

China Resources Mixc Lifestyle Services Interest Coverage Chart

China Resources Mixc Lifestyle Services Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 15.40 25.90 29.13 30.34 37.87

China Resources Mixc Lifestyle Services Semi-Annual Data
Dec17 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 25.07 29.21 31.50 37.68 38.07

Competitive Comparison of China Resources Mixc Lifestyle Services's Interest Coverage

For the Real Estate Services subindustry, China Resources Mixc Lifestyle 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.


China Resources Mixc Lifestyle Services's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Resources Mixc Lifestyle Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China Resources Mixc Lifestyle Services's Interest Coverage falls into.


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China Resources Mixc Lifestyle 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.

China Resources Mixc Lifestyle 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, China Resources Mixc Lifestyle Services's Interest Expense was HK$-124 Mil. Its Operating Income was HK$4,681 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2,321 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*4681.063/-123.602
=37.87

China Resources Mixc Lifestyle Services's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, China Resources Mixc Lifestyle Services's Interest Expense was HK$-61 Mil. Its Operating Income was HK$2,327 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2,321 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*2327.251/-61.128
=38.07

* 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.


China Resources Mixc Lifestyle Services  (HKSE:01209) 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 .


China Resources Mixc Lifestyle Services Interest Coverage Related Terms

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


China Resources Mixc Lifestyle Services Business Description

Traded in Other Exchanges
N/A
Address
No. 9668 Shennan Avenue, 30th Floor, China Resources Land Building, Tower B, Nanshan District, Shenzhen, CHN
China Resources Mixc Lifestyle Services Ltd is a property management and commercial operational service provider in China. It provides property management and value-added services to portfolios of residential properties, and also manages and operates a diversified portfolio of commercial properties comprising shopping malls and office buildings. The company's operating segments are Property management business, Ecosystem business, and Commercial management business. A majority of its revenue is generated from the Property management business, which provides property management services to community spaces and urban properties. Such services mainly include basic property management services and value-added services to non-property and property owners.
Executives
Jpmorgan Chase & Co. 2502 Approved lending agent
China Resources Company Limited 2101 Beneficial owner
China Resources Land Limited

China Resources Mixc Lifestyle Services Headlines

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