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New Media Lab (HKSE:01284) Interest Coverage : 11.41 (As of Dec. 2024)


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What is New Media Lab 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. New Media Lab's Operating Income for the six months ended in Dec. 2024 was HK$14.9 Mil. New Media Lab's Interest Expense for the six months ended in Dec. 2024 was HK$-1.3 Mil. New Media Lab's interest coverage for the quarter that ended in Dec. 2024 was 11.41. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for New Media Lab's Interest Coverage or its related term are showing as below:

HKSE:01284' s Interest Coverage Range Over the Past 10 Years
Min: 11.83   Med: 12.82   Max: 26.06
Current: 11.83


HKSE:01284's Interest Coverage is ranked better than
50.56% of 625 companies
in the Media - Diversified industry
Industry Median: 11.49 vs HKSE:01284: 11.83

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


New Media Lab Interest Coverage Historical Data

The historical data trend for New Media Lab'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.

New Media Lab Interest Coverage Chart

New Media Lab Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
26.06 14.47 12.82 12.04 11.83

New Media Lab Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial 16.36 8.12 17.39 12.21 11.41

Competitive Comparison of New Media Lab's Interest Coverage

For the Advertising Agencies subindustry, New Media Lab'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.


New Media Lab's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, New Media Lab's Interest Coverage distribution charts can be found below:

* The bar in red indicates where New Media Lab's Interest Coverage falls into.


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New Media Lab 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.

New Media Lab'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, New Media Lab's Interest Expense was HK$-2.7 Mil. Its Operating Income was HK$32.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$35.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*32.429/-2.742
=11.83

New Media Lab's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, New Media Lab's Interest Expense was HK$-1.3 Mil. Its Operating Income was HK$14.9 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$35.6 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*14.89/-1.305
=11.41

* 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.


New Media Lab  (HKSE:01284) 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 .


New Media Lab Interest Coverage Related Terms

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


New Media Lab Business Description

Traded in Other Exchanges
N/A
Address
77 Hoi Bun Road, 8 Floor, Tower 1, The Quayside, Kwun Tong, Kowloon, Hong Kong, HKG
New Media Lab Ltd is a digital media company, providing integrated advertising solutions to advertisers ranging from multi-national brand owners, and advertising agencies to SMEs through its Digital Media Platforms. The company produces and distributes content on diverse areas of interest under its different and popular media brands.
Executives
Yeung Ching Loong Alexander 2501 Other
Albert Yeung Investments Holdings Limited 2201 Interest of corporation controlled by you
First Trust Management Ag 2301 Trustee
Albert Yeung Holdings Limited 2201 Interest of corporation controlled by you
First Trust Services Ag 2301 Trustee
New Media Lab Group Holdings Limited 2101 Beneficial owner
Double Blossoms Limited 2101 Beneficial owner
Double Fantastic Group Limited 2101 Beneficial owner
Luk Siu Man, Semon 2202 Interest of your spouse
Yeung Sau Shing, Albert 2307 Founder of a discretionary trust who can infl
Lee Yat Pui, Royce 2201 Interest of corporation controlled by you
Lee Lan Kiu 2201 Interest of corporation controlled by you
Yau Yi Ping 2202 Interest of your spouse

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