GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Wanka Online Inc (HKSE:01762) » Definitions » Interest Coverage

Wanka Online (HKSE:01762) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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

What is Wanka Online 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. Wanka Online's Operating Income for the six months ended in Dec. 2024 was HK$-5 Mil. Wanka Online's Interest Expense for the six months ended in Dec. 2024 was HK$-9 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 Wanka Online's Interest Coverage or its related term are showing as below:

HKSE:01762' s Interest Coverage Range Over the Past 10 Years
Min: 4.18   Med: 12.42   Max: No Debt
Current: 4.47


HKSE:01762's Interest Coverage is ranked worse than
66.45% of 623 companies
in the Media - Diversified industry
Industry Median: 11.42 vs HKSE:01762: 4.47

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


Wanka Online Interest Coverage Historical Data

The historical data trend for Wanka Online'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.

Wanka Online Interest Coverage Chart

Wanka Online 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 10.60 17.52 12.42 7.37 4.45

Wanka Online Semi-Annual Data
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 2.63 13.27 2.00 11.63 -

Competitive Comparison of Wanka Online's Interest Coverage

For the Advertising Agencies subindustry, Wanka Online'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.


Wanka Online's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Wanka Online's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wanka Online's Interest Coverage falls into.


;
;

Wanka Online 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.

Wanka Online'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, Wanka Online's Interest Expense was HK$-16 Mil. Its Operating Income was HK$69 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*69.137/-15.546
=4.45

Wanka Online's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Wanka Online's Interest Expense was HK$-9 Mil. Its Operating Income was HK$-5 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3 Mil.

Wanka Online 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.


Wanka Online  (HKSE:01762) 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 .


Wanka Online Interest Coverage Related Terms

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


Wanka Online Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Jiuxianqiao Road, 4th Floor, Building No. B22, Universal Business Park, Chaoyang District, Beijing, CHN, 100101
Wanka Online Inc is a technology company in the mobile Internet market, helping connect businesses from various industries to various Android-based smartphone users in China. It provides Android-based content distribution services for marketers. It has four operating segments: The mobile advertising services; online video distribution services; Game co-publishing services; and Software maintenance services. It generates a vast majority of its revenues from the mobile advertising services segment.
Executives
Wanka Media Limited 2201 Interest of corporation controlled by you
Jiang Yu 2103 Interests held jointly with another person
Pioneerhorizons Holdings Limited 2103 Interests held jointly with another person
Countryside Tech Inc. 2103 Interests held jointly with another person
Feng Chun 2202 Interest of your spouse
Gao Dinan 2201 Interest of corporation controlled by you
Lu Haiyan 2202 Interest of your spouse
Zheng Wei 2103 Interests held jointly with another person
United Millennial Tech Limited Partnership 2101 Beneficial owner
Korea Investment Holdings Co., Ltd.
Korea Investment Partners Co., Ltd.
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee

Wanka Online Headlines

No Headlines