China Resources Medical Holdings Co (HKSE:01515) Interest Coverage : 9.77 (As of Dec. 2024)

View and export this data going back to 2013. Start your Free Trial

What is China Resources Medical 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. China Resources Medical Holdings Co's Operating Income for the six months ended in Dec. 2024 was HK$221 Mil. China Resources Medical Holdings Co's Interest Expense for the six months ended in Dec. 2024 was HK$-23 Mil. China Resources Medical Holdings Co's interest coverage for the quarter that ended in Dec. 2024 was 9.77. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for China Resources Medical Holdings Co's Interest Coverage or its related term are showing as below:

HKSE:01515' s Interest Coverage Range Over the Past 10 Years
Min: 6.56 Med: 22.69 Max: 686.81
Current: 12.71

HKSE:01515's Interest Coverage is ranked better than
59.21% of 429 companies
in the Healthcare Providers & Services industry
Industry Median: 8.17 vs HKSE:01515: 12.71

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

China Resources Medical Holdings Co Interest Coverage Historical Data

The historical data trend for China Resources Medical 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.

* Premium members only.

China Resources Medical Holdings Co Interest Coverage Chart

China Resources Medical Holdings Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

Get a 7-Day Free Trial

17.76

27.61

9.07

8.38

12.70

China Resources Medical Holdings Co 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															5.29	10.51	5.96	14.26	9.77

Competitive Comparison of China Resources Medical Holdings Co's Interest Coverage

For the Medical Care Facilities subindustry, China Resources Medical 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.

China Resources Medical Holdings Co's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, China Resources Medical Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China Resources Medical Holdings Co's Interest Coverage falls into.

Save Embed

;

Save Embed

;

China Resources Medical 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.

China Resources Medical Holdings Co'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, China Resources Medical Holdings Co's Interest Expense was HK$-65 Mil. Its Operating Income was HK$827 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$899 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	827.428	/	-65.143
	=	12.70

China Resources Medical Holdings Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, China Resources Medical Holdings Co's Interest Expense was HK$-23 Mil. Its Operating Income was HK$221 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$899 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	220.832	/	-22.606
	=	9.77

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

China Resources Medical Holdings Co (HKSE:01515) 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 .

China Resources Medical Holdings Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of China Resources Medical Holdings Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

China Resources Medical Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » China Resources Medical Holdings Co Ltd (HKSE:01515) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

1PH:Germany

Address

No. 9, Fuyi Street, 14th Floor, Kunlun Center Office Building, Fengtai District, Beijing, CHN, 100069

Website

http://www.crmedical.hk

China Resources Medical Holdings Co Ltd provides a full spectrum of general healthcare services, hospital management services, and also group purchasing organization businesses, and other derived businesses from hospitals in Mainland China. The group has two operating segments: Hospital Business, and Others Business. The Hospital Business segment includes outpatient business, and inpatient business corresponding to self-owned hospitals. The Other business segment includes operation management services, supply chain services, and other ancillary services provided to participating hospitals and IOT/OT hospitals.

Executives

Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Mitsubishi Ufj Financial Group, Inc.	2201 Interest of corporation controlled by you

China Resources Medical Holdings Co Headlines

No Headlines