Xi'an Kingfar Property Services Co (HKSE:01354) Interest Coverage : 1,007.05 (As of Jun. 2024)

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What is Xi'an Kingfar Property Services Co 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. Xi'an Kingfar Property Services Co's Operating Income for the six months ended in Jun. 2024 was HK$43 Mil. Xi'an Kingfar Property Services Co's Interest Expense for the six months ended in Jun. 2024 was HK$-0 Mil. Xi'an Kingfar Property Services Co's interest coverage for the quarter that ended in Jun. 2024 was 1,007.05. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Xi'an Kingfar Property Services Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Xi'an Kingfar Property Services Co's Interest Coverage or its related term are showing as below:

HKSE:01354' s Interest Coverage Range Over the Past 10 Years
Min: 20.65 Med: 72.25 Max: 1331.34
Current: 1331.34

HKSE:01354's Interest Coverage is ranked better than
93.36% of 1325 companies
in the Real Estate industry
Industry Median: 3.99 vs HKSE:01354: 1331.34

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

Xi'an Kingfar Property Services Co Interest Coverage Historical Data

The historical data trend for Xi'an Kingfar Property Services Co'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.

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Xi'an Kingfar Property Services Co Interest Coverage Chart

Xi'an Kingfar Property Services Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Interest Coverage

20.65

72.25

279.01

1,345.90

Xi'an Kingfar Property Services Co Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial			No Debt	146.06	1,242.91	1,007.05	1,889.12

Competitive Comparison of Xi'an Kingfar Property Services Co's Interest Coverage

For the Real Estate Services subindustry, Xi'an Kingfar Property Services Co'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.

Xi'an Kingfar Property Services Co's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Xi'an Kingfar Property Services Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Xi'an Kingfar Property Services Co's Interest Coverage falls into.

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Xi'an Kingfar Property Services Co 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.

Xi'an Kingfar Property Services Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Xi'an Kingfar Property Services Co's Interest Expense was HK$-0 Mil. Its Operating Income was HK$74 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	73.658	/	-0.264
	=	279.01

Xi'an Kingfar Property Services Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, Xi'an Kingfar Property Services Co's Interest Expense was HK$-0 Mil. Its Operating Income was HK$43 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	43.303	/	-0.043
	=	1,007.05

The higher the ratio, the stronger the company's Financial Strength is.

Xi'an Kingfar Property Services Co (HKSE:01354) 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 .

Xi'an Kingfar Property Services Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Xi'an Kingfar Property Services Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Xi'an Kingfar Property Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Xi'an Kingfar Property Services Co Ltd (HKSE:01354) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 51 Fengcheng Second Road, Room 10701, Unit 1, Building 3, Xi’an Financial Innovation Center, Shaanxi, Economic and Technological, Development Zone, Xi’an, CHN

Website

https://www.xajfwy.com

Xi'an Kingfar Property Services Co Ltd is a state-owned city service and property management service provider in Shaanxi Province with presence in Northwest China. It has three primary business lines; City Services, Residential Property Management Services and Commercial Property Management Services. The company contracted to provide public property management services, basic residential property management services and basic commercial property management services to 149 projects in China. Key revenue is generated from City services.

Executives

The Reynold Lemkins Group (asia) Limited
Kaufmann & Company Pan-asia Limited	2101 Beneficial owner
Xin Fu Yuan Ke Ji You Xian Gong Si	2101 Beneficial owner
Ding Huaming	2201 Interest of corporation controlled by you
Ju E Mao Yi Ji Tuan Xiang Gang You Xian Gong Si	2101 Beneficial owner
Meng Wujun	2201 Interest of corporation controlled by you
Xi An Tian Bo Zhen Duan Ji Shu You Xian Gong Si	2101 Beneficial owner
Liao Huixia	2201 Interest of corporation controlled by you
Ding Hua Ming	2101 Beneficial owner
Pan Zhixiong	2201 Interest of corporation controlled by you

Xi'an Kingfar Property Services Co Headlines

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