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Prosper One International Holdings Co (HKSE:01470) Interest Coverage : 220.11 (As of Oct. 2024)


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What is Prosper One International Holdings 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. Prosper One International Holdings Co's Operating Income for the six months ended in Oct. 2024 was HK$1.98 Mil. Prosper One International Holdings Co's Interest Expense for the six months ended in Oct. 2024 was HK$-0.01 Mil. Prosper One International Holdings Co's interest coverage for the quarter that ended in Oct. 2024 was 220.11. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Prosper One International Holdings Co's Interest Coverage or its related term are showing as below:

HKSE:01470' s Interest Coverage Range Over the Past 10 Years
Min: 0.12   Med: 32.98   Max: 541.47
Current: 40.92


HKSE:01470's Interest Coverage is ranked better than
80.53% of 791 companies
in the Retail - Cyclical industry
Industry Median: 7.76 vs HKSE:01470: 40.92

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


Prosper One International Holdings Co Interest Coverage Historical Data

The historical data trend for Prosper One International Holdings 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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Prosper One International Holdings Co Interest Coverage Chart

Prosper One International Holdings Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.12 - 541.47 14.10

Prosper One International Holdings Co Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 80.85 - - 30.24 220.11

Competitive Comparison of Prosper One International Holdings Co's Interest Coverage

For the Luxury Goods subindustry, Prosper One International Holdings 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.


Prosper One International Holdings Co's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Prosper One International Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Prosper One International Holdings Co's Interest Coverage falls into.


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Prosper One International Holdings 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.

Prosper One International Holdings Co's Interest Coverage for the fiscal year that ended in Apr. 2024 is calculated as

Here, for the fiscal year that ended in Apr. 2024, Prosper One International Holdings Co's Interest Expense was HK$-0.17 Mil. Its Operating Income was HK$2.41 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Interest Coverage=-1* Operating Income (A: Apr. 2024 )/Interest Expense (A: Apr. 2024 )
=-1*2.411/-0.171
=14.10

Prosper One International Holdings Co's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

Here, for the six months ended in Oct. 2024, Prosper One International Holdings Co's Interest Expense was HK$-0.01 Mil. Its Operating Income was HK$1.98 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Oct. 2024 )/Interest Expense (Q: Oct. 2024 )
=-1*1.981/-0.009
=220.11

* 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.


Prosper One International Holdings Co  (HKSE:01470) 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 .


Prosper One International Holdings Co Interest Coverage Related Terms

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Prosper One International Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 183 Queen’s Road East, Room 4801, 48th Floor, Wanchai, Hong Kong, HKG
Prosper One International Holdings Co Ltd is an investment holding company acting as an agent in the sales and trading of fertilisers and other related products. The company operates through three segments: Wholesale business of watches; Trading of fertilisers and other related products; and Manufacture and sales of compound fertilisers. The company generates the majority of its revenue from the manufacture and sales of compound fertilisers in Mainland China. Geographically the company generates revenue from Mailand China and Hong Kong.
Executives
Changjiang Absolute Return China Fund 2102 Investment manager
Meng Guangyin 2201 Interest of corporation controlled by you
Prosper One Enterprises Limited 2101 Beneficial owner

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