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VPower Group International Holdings (HKSE:01608) Interest Coverage : 0.15 (As of Dec. 2024)


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What is VPower Group International 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. VPower Group International Holdings's Operating Income for the six months ended in Dec. 2024 was HK$29 Mil. VPower Group International Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-195 Mil. VPower Group International Holdings's interest coverage for the quarter that ended in Dec. 2024 was 0.15. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. VPower Group International Holdings Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

HKSE:01608' s Interest Coverage Range Over the Past 10 Years
Min: 0.03   Med: 2.28   Max: 5.51
Current: 0.03


HKSE:01608's Interest Coverage is ranked worse than
99.87% of 2282 companies
in the Industrial Products industry
Industry Median: 15.66 vs HKSE:01608: 0.03

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


VPower Group International Holdings Interest Coverage Historical Data

The historical data trend for VPower Group International 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.

VPower Group International Holdings Interest Coverage Chart

VPower Group International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 2.28 1.27 - 0.03

VPower Group International Holdings Semi-Annual Data
Dec14 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 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 0.28 - - - 0.15

Competitive Comparison of VPower Group International Holdings's Interest Coverage

For the Electrical Equipment & Parts subindustry, VPower Group International 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.


VPower Group International Holdings's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, VPower Group International Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where VPower Group International Holdings's Interest Coverage falls into.


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VPower Group International 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.

VPower Group International Holdings'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, VPower Group International Holdings's Interest Expense was HK$-335 Mil. Its Operating Income was HK$11 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$191 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*11.42/-335.413
=0.03

VPower Group International Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, VPower Group International Holdings's Interest Expense was HK$-195 Mil. Its Operating Income was HK$29 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$191 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*29.171/-194.705
=0.15

* 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.


VPower Group International Holdings  (HKSE:01608) 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 .


VPower Group International Holdings Interest Coverage Related Terms

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


VPower Group International Holdings Business Description

Traded in Other Exchanges
Address
18-22 Tak Fung Street, Units 2701-05, 27th Floor, Office Tower 1, The Harbourfront, Hung Hom, Kowloon, Hong Kong, HKG
VPower Group International Holdings Ltd is engaged in the design, integration, sale, and installation of engine-based electricity generation units and the provision of distributed power solutions, including the design of, investment in, building, and operation of distributed power generation stations. The company operates in two reportable segments as follows: the SI segment designs, integrates, sells, and installs engine-based electricity generation units; and the IBO segment designs, invests in, builds, and operates distributed power generation stations to provide distributed power solutions. Key revenue is generated from the IBO segment.
Executives
Zhong Guo Tong Yong Ji Shu Ji Tuan Kong Gu You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Energy Garden Limited
Chan Mei Wan
Lam Yee Chun
Yang Wei Huan Qiu You Xian Gong Si
Tong Yong Ji Shu Ji Tuan Xiang Gang Guo Ji Zi Ben You Xian Gong Si 2106 Person having a security interest in shares
Classic Legend Holdings Limited
Zhong Guo Ji Shu Jin Chu Kou Ji Tuan You Xian Gong Si 2101 Beneficial owner
Hai Nan Tian Kun Tian Tai Si Mu Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Jet Lion Holdings Limited 2101 Beneficial owner
Jubilee City Limited 2101 Beneficial owner
Lee Chong Man Jason 2201 Interest of corporation controlled by you
Tang Wenjing 2201 Interest of corporation controlled by you
Konwell Developments Limited 2201 Interest of corporation controlled by you

VPower Group International Holdings Headlines

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