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Kwan On Holdings (HKSE:01559) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Kwan On Holdings 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. Kwan On Holdings's Operating Income for the six months ended in Sep. 2024 was HK$-21.0 Mil. Kwan On Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$-4.2 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 Kwan On Holdings's Interest Coverage or its related term are showing as below:


HKSE:01559'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.


Kwan On Holdings Interest Coverage Historical Data

The historical data trend for Kwan On 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.

* Premium members only.

Kwan On Holdings Interest Coverage Chart

Kwan On Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
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Kwan On Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - - -

Competitive Comparison of Kwan On Holdings's Interest Coverage

For the Engineering & Construction subindustry, Kwan On 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.


Kwan On Holdings's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kwan On Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kwan On Holdings's Interest Coverage falls into.


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Kwan On 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.

Kwan On Holdings's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Kwan On Holdings's Interest Expense was HK$-17.4 Mil. Its Operating Income was HK$-169.2 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.2 Mil.

Kwan On Holdings did not have earnings to cover the interest expense.

Kwan On Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, Kwan On Holdings's Interest Expense was HK$-4.2 Mil. Its Operating Income was HK$-21.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.6 Mil.

Kwan On 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.


Kwan On Holdings  (HKSE:01559) 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 .


Kwan On Holdings Interest Coverage Related Terms

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


Kwan On Holdings Business Description

Traded in Other Exchanges
N/A
Address
118 Connaught Road West, Unit 3401, 28th Floor, Room 2803, Sai Ying Pun, Hong Kong, HKG
Kwan On Holdings Ltd is mainly engaged in construction-related business and property development. The company's reportable segments include Construction, Property development, and trading. Geographically the company derives the majority of its revenue from Hong Kong.
Executives
Chen Zhenghua 2201 Interest of corporation controlled by you
Sino Coronet Group Limited 2101 Beneficial owner
Lv Di Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Lv Di Kong Gu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Sheng Jian Zhu Gong Cheng Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Hua Yuan Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Lv Di Da Ji Jian Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Gorgeous Holding Limited 2201 Interest of corporation controlled by you
New York Private Trust Company 2201 Interest of corporation controlled by you
Rosy Height Holdings Limited 2101 Beneficial owner

Kwan On Holdings Headlines

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