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Trigiant Group (HKSE:01300) Interest Coverage : 3.41 (As of Dec. 2024)


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What is Trigiant 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. Trigiant Group's Operating Income for the six months ended in Dec. 2024 was HK$88 Mil. Trigiant Group's Interest Expense for the six months ended in Dec. 2024 was HK$-26 Mil. Trigiant Group's interest coverage for the quarter that ended in Dec. 2024 was 3.41. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:01300' s Interest Coverage Range Over the Past 10 Years
Min: 3.07   Med: 5.3   Max: 8.31
Current: 3.07


HKSE:01300's Interest Coverage is ranked worse than
81.26% of 1601 companies
in the Hardware industry
Industry Median: 13.09 vs HKSE:01300: 3.07

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


Trigiant Group Interest Coverage Historical Data

The historical data trend for Trigiant 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.

Trigiant Group Interest Coverage Chart

Trigiant Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.28 3.94 3.59 3.15 3.07

Trigiant Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.69 3.23 3.07 2.74 3.41

Competitive Comparison of Trigiant Group's Interest Coverage

For the Communication Equipment subindustry, Trigiant 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.


Trigiant Group's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Trigiant Group's Interest Coverage distribution charts can be found below:

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


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Trigiant 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.

Trigiant Group'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, Trigiant Group's Interest Expense was HK$-52 Mil. Its Operating Income was HK$161 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$65 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*161.104/-52.479
=3.07

Trigiant Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Trigiant Group's Interest Expense was HK$-26 Mil. Its Operating Income was HK$88 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$65 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*87.696/-25.729
=3.41

* 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.


Trigiant Group  (HKSE:01300) 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 .


Trigiant Group Interest Coverage Related Terms

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


Trigiant Group Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Junzhi Road, Industrial Park for Environmental Protection Science & Technology, Jiangsu Province, Yixing City, CHN, 214206
Trigiant Group Ltd is an investment holding company. It operates in five segments: Feeder cable series, Optical fiber cable series & related products, Flame-retardant flexible cable series, New-type electronic components, and Others (which include couplers and combiners). All of its revenue comes from Feeder cable series segment. Geographically the company operates in Mainland China and Hong Kong, with key revenue from China Location.
Executives
Artemis Delight Limited 2201 Interest of corporation controlled by you
Dai Xiaolin 2201 Interest of corporation controlled by you
Easy Beauty Limited 2101 Beneficial owner
Abraholme International Limited
Qian Lirong
Trigiant Investments Limited
Zhong Guo Jin Chu Kou Yin Hang Shen Zhen Fen Hang 2106 Person having a security interest in shares
Shen Zhen Shi Tou Zi Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Qian Jindi 2202 Interest of your spouse

Trigiant Group Headlines

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