Quali-Smart Holdings (HKSE:01348) Interest Coverage: 0 (At Loss) (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01348 Quali-Smart Holdings Ltd HKSE:01348
37 GF Score
Price HK$0.26
GF Value HK$0.01
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Quali-Smart Holdings Interest Coverage?

Quali-Smart Holdings HKSE:01348 -10.53% 37 Interest Coverage is 0 (At Loss) as of Sep. 2025. GuruFocus rates HKSE:01348 with a GF Score™ of 37/100 and a GF Value™ of HK$0.01 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 608 Travel & Leisure companies, Quali-Smart Holdings ranks worse than 164473.52% 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. Quali-Smart Holdings's Operating Income for the six months ended in Sep. 2025 was HK$-8.90 Mil. Quali-Smart Holdings's Interest Expense for the six months ended in Sep. 2025 was HK$-2.27 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 Quali-Smart Holdings's Interest Coverage or its related term are showing as below:


HKSE:01348's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.35
* 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.


Quali-Smart Holdings  (HKSE:01348) 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 .


Quali-Smart Holdings Interest Coverage Related Terms


Quali-Smart Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Quali-Smart Holdings'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.

Quali-Smart Holdings Interest Coverage Chart

Quali-Smart Holdings 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 0.00 0.00 0.00 0.00

Quali-Smart Holdings 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

HKSE:01348 vs AS, HAS, LTH: Interest Coverage Comparison

For the Leisure subindustry, Quali-Smart Holdings'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.


Quali-Smart Holdings Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Quali-Smart Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Quali-Smart Holdings's Interest Coverage falls into.


HKSE:01348
37GF Score
Quali-Smart Holdings Ltd HKSE:01348
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quali-Smart Holdings 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.

Quali-Smart Holdings's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Quali-Smart Holdings's Interest Expense was HK$-5.10 Mil. Its Operating Income was HK$-22.50 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$39.75 Mil.

Quali-Smart Holdings did not have earnings to cover the interest expense.

Quali-Smart Holdings's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Here, for the six months ended in Sep. 2025, Quali-Smart Holdings's Interest Expense was HK$-2.27 Mil. Its Operating Income was HK$-8.90 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$16.00 Mil.

Quali-Smart Holdings 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?
Quali-Smart Holdings (HKSE:01348) has a Interest Coverage of 0 (At Loss) as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Quali-Smart Holdings and its competitors. According to the industry distribution chart, Quali-Smart Holdings ranks #999999 out of 608 companies in the Travel & Leisure industry.
Is Quali-Smart Holdings' Interest Coverage too high?
Quali-Smart Holdings' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Quali-Smart Holdings ranks #999999 out of 608 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Quali-Smart Holdings has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Quali-Smart Holdings' Interest Coverage compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Quali-Smart Holdings ranks #999999 out of 608 companies for Interest Coverage. This places Quali-Smart Holdings in the lower half of its industry. The industry median Interest Coverage is 5.35. 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 Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 608 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 Quali-Smart Holdings and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quali-Smart Holdings'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 Quali-Smart Holdings stock overvalued right now?
Based on GuruFocus' analysis, Quali-Smart Holdings (HKSE:01348) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.26 — trading 2450% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Quali-Smart Holdings' overall GF Score™ is 37/100 with 4 warning signs to review. 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 Quali-Smart Holdings (HKSE:01348), the current Interest Coverage is 0 (At Loss) as of Sep. 2025. 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.

Is Quali-Smart Holdings (HKSE:01348) Overvalued in 2026?

Based on GuruFocus' analysis, Quali-Smart Holdings stock appears to be overvalued. The current stock price of HK$0.26 is trading 2450% above its estimated GF Value™ of HK$0.01. GuruFocus considers Quali-Smart Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01348:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: HK$0.01 vs. price of HK$0.26 (2450% above fair value)
  • GF Score™: 37/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quali-Smart Holdings Business Description

Address No. 3 Hoi Shing Road, Tsuen Wan, Workshop C, 19th Floor, TML Tower, New Territories, Hong Kong, HKG
Quali-Smart Holdings Ltd is an investment holding company. The company's operating segment includes the Manufacturing and sales of toys and Financial Services. It generates maximum revenue from the Manufacturing and sales of toys segment. The Financial Services segment includes securities brokerage, underwriting, securities margin financing, investment advisory, corporate finance, and asset management services. Geographically, it derives a majority of its revenue from North America which includes the United States of America and Canada, and also has a presence in the United Kingdom; France; PRC, and Taiwan; Central America, Caribbean, and Mexico; Australia, New Zealand, and Pacific Islands and other countries.
37GF Score

Get the complete analysis for HKSE:01348

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.26
Price
HK$0.01
GF Value