GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mos House Group Ltd (HKSE:01653) » Definitions » Interest Coverage

Mos House Group (HKSE:01653) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Mos House Group 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. Mos House Group's Operating Income for the six months ended in Mar. 2024 was HK$-3.8 Mil. Mos House Group's Interest Expense for the six months ended in Mar. 2024 was HK$-3.6 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 Mos House Group's Interest Coverage or its related term are showing as below:

HKSE:01653' s Interest Coverage Range Over the Past 10 Years
Min: 0.23   Med: 2.59   Max: 10.37
Current: 0.23


HKSE:01653's Interest Coverage is ranked worse than
98.3% of 1293 companies
in the Construction industry
Industry Median: 6.79 vs HKSE:01653: 0.23

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


Mos House Group Interest Coverage Historical Data

The historical data trend for Mos House Group'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.

Mos House Group Interest Coverage Chart

Mos House Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 2.01 2.50 0.50 1.35

Mos House Group Semi-Annual Data
Mar15 Mar16 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 3.37 - 3.59 - 2.12

Competitive Comparison of Mos House Group's Interest Coverage

For the Building Products & Equipment subindustry, Mos House Group'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.


Mos House Group's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mos House Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mos House Group's Interest Coverage falls into.



Mos House Group 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.

Mos House Group'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, Mos House Group's Interest Expense was HK$-7.4 Mil. Its Operating Income was HK$10.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.6 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*9.996/-7.411
=1.35

Mos House Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the six months ended in Mar. 2024, Mos House Group's Interest Expense was HK$-3.6 Mil. Its Operating Income was HK$-3.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.6 Mil.

Mos House Group 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.


Mos House Group  (HKSE:01653) 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 .


Mos House Group Interest Coverage Related Terms

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


Mos House Group Business Description

Traded in Other Exchanges
N/A
Address
228 Wan Chai Road, Unit 1001, 10th Floor, Plaza 228, Wanchai, Hong Kong, HKG
Mos House Group Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the trading of ceramic tiles in Hong Kong. It offers tiles products such as Porcelain tiles, Ceramic tiles, Mosaic tiles, Bathroom fixtures and others. Its segments include Trading of tiles and bathroom fixture products - sale of tiles and bathroom fixtures products through either retail or non-retail channel; and Property investment. It generates maximum revenue from Trading of tiles and bathroom fixture product segment. It operates in Hong Kong and Macau, out of which maximum revenue is derived from Hong Kong.
Executives
Tso Simon 2101 Beneficial owner
Tsui To Fei 2202 Interest of your spouse
Rb Management Holding Limited
Rb Power Limited 2101 Beneficial owner
Tmf (cayman) Ltd.
Ho Tsz Yi 2101 Beneficial owner

Mos House Group Headlines

No Headlines