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Kin Pang Holdings (HKSE:01722) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Kin Pang 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. Kin Pang Holdings's Operating Income for the six months ended in Dec. 2024 was HK$-12.0 Mil. Kin Pang Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-2.1 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 Kin Pang Holdings's Interest Coverage or its related term are showing as below:


HKSE:01722's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.22
* 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.


Kin Pang Holdings Interest Coverage Historical Data

The historical data trend for Kin Pang 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.

Kin Pang Holdings Interest Coverage Chart

Kin Pang 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 16.30 - - - -

Kin Pang Holdings Semi-Annual Data
Dec14 Dec15 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 1.78 - - - -

Competitive Comparison of Kin Pang Holdings's Interest Coverage

For the Engineering & Construction subindustry, Kin Pang 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.


Kin Pang Holdings's Interest Coverage Distribution in the Construction Industry

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

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


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Kin Pang 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.

Kin Pang 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, Kin Pang Holdings's Interest Expense was HK$-3.8 Mil. Its Operating Income was HK$-23.1 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.4 Mil.

Kin Pang Holdings did not have earnings to cover the interest expense.

Kin Pang Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Kin Pang Holdings's Interest Expense was HK$-2.1 Mil. Its Operating Income was HK$-12.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.4 Mil.

Kin Pang 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.


Kin Pang Holdings  (HKSE:01722) 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 .


Kin Pang Holdings Interest Coverage Related Terms

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Kin Pang Holdings Business Description

Traded in Other Exchanges
N/A
Address
Alameda Doutor Carlos do Assumpcaso, No. 249 - 263, Edif. China Civil Plaza, 17 andar L, Macau, MAC
Kin Pang Holdings Ltd is an integrated construction company that provides building and ancillary services to hotel and casino resorts, property developers, infrastructure of electricity and water supply, and public amenities and utilities (such as carriageways, footpaths, drains, and sewers). The company operates in a single business segment, which is the building and ancillary services segment, and represents the firm's revenue generated from foundation-associated works, hard landscaping, alteration, and addition works, road works, water pipe works, electrical and mechanical works, and other ancillary building works. Geographically, the company derives a majority of its revenue from Macau and the rest from Hong Kong.
Executives
Choi Fong Lan 2202 Interest of your spouse
Kong Kin I 2101 Beneficial owner
Fortunate Year Investments Limited

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