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Hope Life International Holdings (HKSE:01683) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Hope Life 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. Hope Life International Holdings's Operating Income for the six months ended in Dec. 2024 was HK$-12.9 Mil. Hope Life International Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-12.3 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 Hope Life International Holdings's Interest Coverage or its related term are showing as below:


HKSE:01683's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.32
* 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.


Hope Life International Holdings Interest Coverage Historical Data

The historical data trend for Hope Life 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.

Hope Life International Holdings Interest Coverage Chart

Hope Life International Holdings Annual Data
Trend Sep14 Sep15 Sep16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.94 32.37 2.58 2.62 -

Hope Life International Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 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 0.87 0.79 5.73 4.07 -

Competitive Comparison of Hope Life International Holdings's Interest Coverage

For the Engineering & Construction subindustry, Hope Life 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.


Hope Life International Holdings's Interest Coverage Distribution in the Construction Industry

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

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


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Hope Life 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.

Hope Life 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, Hope Life International Holdings's Interest Expense was HK$-15.5 Mil. Its Operating Income was HK$-0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.3 Mil.

Hope Life International Holdings did not have earnings to cover the interest expense.

Hope Life 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, Hope Life International Holdings's Interest Expense was HK$-12.3 Mil. Its Operating Income was HK$-12.9 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.3 Mil.

Hope Life International 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.


Hope Life International Holdings  (HKSE:01683) 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 .


Hope Life International Holdings Interest Coverage Related Terms

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


Hope Life International Holdings Business Description

Traded in Other Exchanges
N/A
Address
Nos. 194-204 Johnston Road, Flat 1703, 17th Floor, Wanchai Commercial Centre, Hong Kong, HKG
Hope Life International Holdings Ltd is an investment holding company. The company reports in three segments: The Construction & ancillary, which generates the majority of its revenue; Financial business, and Consumer goods business. The Construction & ancillary services segment is engaged in the design, fitting out, decoration, alteration and addition, construction and other related businesses. The financial business segment is engaged in the providing of money lending services. Consumer goods business produces and sells food and beverage products. Its geographical segments are Hong Kong and the PRC, of which a majority of its revenue comes from Hong Kong.
Executives
Lu Zhaowei 2101 Beneficial owner
Ample Platinum Enterprises Limited 2101 Beneficial owner
Hui Kee Fung 2201 Interest of corporation controlled by you
Soaring Holdings Limited 2201 Interest of corporation controlled by you
Shen Jie 2201 Interest of corporation controlled by you
Voice Chosen Investment Limited 2106 Person having a security interest in shares
Shen Yan 2201 Interest of corporation controlled by you
Niu Fang 2201 Interest of corporation controlled by you
State Energy Hk Limited 2101 Beneficial owner
He Yun 2106 Person having a security interest in shares
Shang Hai Zhong She Gu Quan Tou Zi Ji Jin You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Guo Ming Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Liu Quan Hui 2201 Interest of corporation controlled by you
Guo Neng Shang Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Hu Zhang Cui 2202 Interest of your spouse

Hope Life International Holdings Headlines

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