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Macau E&M Holding (HKSE:01408) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Macau E&M Holding 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. Macau E&M Holding's Operating Income for the six months ended in Dec. 2024 was HK$-0.07 Mil. Macau E&M Holding's Interest Expense for the six months ended in Dec. 2024 was HK$-0.07 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 Macau E&M Holding's Interest Coverage or its related term are showing as below:


HKSE:01408's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.16
* 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.


Macau E&M Holding Interest Coverage Historical Data

The historical data trend for Macau E&M Holding'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.

Macau E&M Holding Interest Coverage Chart

Macau E&M Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 359.00 598.36 24.21 - -

Macau E&M Holding Semi-Annual Data
Dec17 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 - - - - -

Competitive Comparison of Macau E&M Holding's Interest Coverage

For the Engineering & Construction subindustry, Macau E&M Holding'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.


Macau E&M Holding's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Macau E&M Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Macau E&M Holding's Interest Coverage falls into.


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Macau E&M Holding 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.

Macau E&M Holding'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, Macau E&M Holding's Interest Expense was HK$-0.19 Mil. Its Operating Income was HK$-6.58 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$11.38 Mil.

Macau E&M Holding did not have earnings to cover the interest expense.

Macau E&M Holding's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Macau E&M Holding's Interest Expense was HK$-0.07 Mil. Its Operating Income was HK$-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$11.38 Mil.

Macau E&M Holding 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.


Macau E&M Holding  (HKSE:01408) 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 .


Macau E&M Holding Interest Coverage Related Terms

Thank you for viewing the detailed overview of Macau E&M Holding's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Macau E&M Holding Business Description

Traded in Other Exchanges
N/A
Address
Avenida da Concordia, NO. 175 - 181, Tower B and D, 10th floor, Edificio Industrial Wang Fu, Macao, MAC
Macau E&M Holding Ltd is an Electrical & Mechanical engineering services works contractor in Macau. The company provides a comprehensive mix of E&M engineering services works based on the contractual needs of its customers in Macau, which involve a combination of the supply and/or installation of LV systems works; HVAC systems work; and ELV systems work, and the relevant testing and commissioning thereof, as well as management and monitoring of quality and delivery of its E&M engineering services, works. It also provides maintenance and repair services to its customers.
Executives
Cheong Ka Wo 2201 Interest of corporation controlled by you
Lo Chao Ieng 2202 Interest of your spouse
Macau E&m Group Limited 2101 Beneficial owner
One Wesco Inc. 2101 Beneficial owner
Leong Kam In 2202 Interest of your spouse
Leong Kam Leng 2201 Interest of corporation controlled by you
Macau E&m Assets Limited 2101 Beneficial owner
Bridge Capital Limited 2101 Beneficial owner
Law Ming Chu 2202 Interest of your spouse
Tam Chi Wai 2201 Interest of corporation controlled by you
Li Sau Fun 2202 Interest of your spouse
Tsang Yuen Wai Samuel 2201 Interest of corporation controlled by you

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