Wang On Properties (HKSE:01243) Interest Coverage: 0 (At Loss) (As of Mar. 2026)

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What is Wang On Properties Interest Coverage?

Wang On Properties HKSE:01243 -6.06% Interest Coverage is 0 (At Loss) as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,306 Real Estate companies, Wang On Properties ranks worse than 76569.6% on this metric.

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. Wang On Properties's Operating Income for the six months ended in Mar. 2026 was HK$-180 Mil. Wang On Properties's Interest Expense for the six months ended in Mar. 2026 was HK$-136 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 Wang On Properties's Interest Coverage or its related term are showing as below:


HKSE:01243's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.175
* 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.


Wang On Properties  (HKSE:01243) 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 .


Wang On Properties Interest Coverage Related Terms


Wang On Properties Interest Coverage Historical Data

* Premium members only.

The historical data trend for Wang On Properties'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.

Wang On Properties Interest Coverage Chart

Wang On Properties Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.33 0.00 0.00 0.00

Wang On Properties Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.00 0.00 0.00 0.00 0.00

Wang On Properties Interest Coverage Competitor Comparison

For the Real Estate - Development subindustry, Wang On Properties'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.


Wang On Properties Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wang On Properties's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wang On Properties's Interest Coverage falls into.



Wang On Properties 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.

Wang On Properties's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Wang On Properties's Interest Expense was HK$-239 Mil. Its Operating Income was HK$-363 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1,887 Mil.

Wang On Properties did not have earnings to cover the interest expense.

Wang On Properties's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Wang On Properties's Interest Expense was HK$-136 Mil. Its Operating Income was HK$-180 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1,887 Mil.

Wang On Properties 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Wang On Properties (HKSE:01243) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wang On Properties and its competitors. According to the industry distribution chart, Wang On Properties ranks #999999 out of 1306 companies in the Real Estate industry.
Is Wang On Properties' Interest Coverage too high?
Wang On Properties' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Wang On Properties ranks #999999 out of 1306 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Wang On Properties' Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Wang On Properties ranks #999999 out of 1306 companies for Interest Coverage. This places Wang On Properties in the lower half of its industry. The industry median Interest Coverage is 4.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Real Estate company?
The median Interest Coverage among Real Estate companies is 4.18, based on 1,306 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wang On Properties and its competitors. For the Real Estate industry, the median Interest Coverage is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wang On Properties's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang On Properties stock overvalued right now?
Based on GuruFocus' analysis, Wang On Properties (HKSE:01243) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.03 — trading 22.5% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Wang On Properties (HKSE:01243), the current Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wang On Properties Business Description

Address 39 Wang Kwong Road, Suite 3201, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development and trading, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong. It derives maximum revenue from Property development and trading.