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Sunevision Holdings (HKSE:01686) Interest Coverage : 6.75 (As of Dec. 2023)


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What is Sunevision 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. Sunevision Holdings's Operating Income for the six months ended in Dec. 2023 was HK$610 Mil. Sunevision Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-90 Mil. Sunevision Holdings's interest coverage for the quarter that ended in Dec. 2023 was 6.75. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:01686' s Interest Coverage Range Over the Past 10 Years
Min: 8.34   Med: 118.3   Max: No Debt
Current: 8.34


HKSE:01686's Interest Coverage is ranked better than
64.87% of 1335 companies
in the Real Estate industry
Industry Median: 4.05 vs HKSE:01686: 8.34

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


Sunevision Holdings Interest Coverage Historical Data

The historical data trend for Sunevision 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.

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Sunevision Holdings Interest Coverage Chart

Sunevision Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.28 46.43 189.88 139.33 14.70

Sunevision Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 110.29 184.98 23.99 10.89 6.75

Competitive Comparison of Sunevision Holdings's Interest Coverage

For the Real Estate Services subindustry, Sunevision 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.


Sunevision Holdings's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunevision Holdings's Interest Coverage distribution charts can be found below:

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



Sunevision 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.

Sunevision Holdings's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Sunevision Holdings's Interest Expense was HK$-79 Mil. Its Operating Income was HK$1,167 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$13,738 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*1166.7/-79.38
=14.70

Sunevision Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Sunevision Holdings's Interest Expense was HK$-90 Mil. Its Operating Income was HK$610 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$12,334 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*610.322/-90.371
=6.75

* 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.


Sunevision Holdings  (HKSE:01686) 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 .


Sunevision Holdings Interest Coverage Related Terms

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


Sunevision Holdings (HKSE:01686) Business Description

Traded in Other Exchanges
Address
Millennium City 1, 388 Kwun Tong Road, Unit 3110, 31st Floor, Standard Chartered Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Sunevision Holdings Ltd is an Investment holding company. Its segment includes Data centre and IT facilities covering the provision of data center and IT facilities colocation services to allow customers to house their IT infrastructure or equipment, interconnection services to provide customers with high-speed and reliable interconnectivity, and other managed services and ELV and IT systems comprise installation and maintenance services for the respective systems. It generates the majority of its revenue from Data centre and IT facilities. It generates the majority of its revenue from Hong Kong.
Executives
Sun Hung Kai Properties Limited 2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited 2301 Trustee

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