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Colour Life Services Group Co (HKSE:01778) Interest Coverage : 57.18 (As of Dec. 2024)


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What is Colour Life Services Group Co 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. Colour Life Services Group Co's Operating Income for the six months ended in Dec. 2024 was HK$77 Mil. Colour Life Services Group Co's Interest Expense for the six months ended in Dec. 2024 was HK$-1 Mil. Colour Life Services Group Co's interest coverage for the quarter that ended in Dec. 2024 was 57.18. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Colour Life Services Group Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Colour Life Services Group Co's Interest Coverage or its related term are showing as below:

HKSE:01778' s Interest Coverage Range Over the Past 10 Years
Min: 1.59   Med: 6.17   Max: 110.63
Current: 71.09


HKSE:01778's Interest Coverage is ranked better than
85.68% of 1313 companies
in the Real Estate industry
Industry Median: 3.97 vs HKSE:01778: 71.09

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


Colour Life Services Group Co Interest Coverage Historical Data

The historical data trend for Colour Life Services Group Co'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.

Colour Life Services Group Co Interest Coverage Chart

Colour Life Services Group Co 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 3.86 1.59 38.06 110.63 71.03

Colour Life Services Group Co Semi-Annual Data
Jun15 Dec15 Jun16 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 Premium Member Only 72.88 144.84 84.52 85.08 57.18

Competitive Comparison of Colour Life Services Group Co's Interest Coverage

For the Real Estate Services subindustry, Colour Life Services Group Co'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.


Colour Life Services Group Co's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Colour Life Services Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Colour Life Services Group Co's Interest Coverage falls into.


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Colour Life Services Group Co 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.

Colour Life Services Group Co'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, Colour Life Services Group Co's Interest Expense was HK$-3 Mil. Its Operating Income was HK$189 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$21 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*189.014/-2.661
=71.03

Colour Life Services Group Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Colour Life Services Group Co's Interest Expense was HK$-1 Mil. Its Operating Income was HK$77 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$21 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*76.625/-1.34
=57.18

* 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.


Colour Life Services Group Co  (HKSE:01778) 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 .


Colour Life Services Group Co Interest Coverage Related Terms

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


Colour Life Services Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Tairan 7th Road, 10th Floor, Tower B, The Platinum Tower, Futian District, Shenzhen, CHN, 518000
Colour Life Services Group Co Ltd is a China-based company that provides property management and community services in China. The company operates in two segments namely the Property management services, which include: provision of services for communities under lump sum basis, provision of services for communities under commission basis, provision of pre-delivery services for property developers, and provision of consultancy services for property management companies; and Value-added services, which include: online promotion services, sales and rental assistance services, engineering services, other value-added services. The company operates in the PRC.
Executives
Fantasia Holdings Group Co., Limited 2101 Beneficial owner
Fantasy Pearl International Limited 2201 Interest of corporation controlled by you
Ice Apex Limited 2201 Interest of corporation controlled by you
Splendid Fortune Enterprise Limited 2101 Beneficial owner
Zeng Jie Baby 2201 Interest of corporation controlled by you
Delight Vision Holdings Limited 2201 Interest of corporation controlled by you
Jovial New Limited 2201 Interest of corporation controlled by you
Tfi Securities And Futures Limited 2101 Beneficial owner
Colour Success Limited 2201 Interest of corporation controlled by you
Tang Xuebin 2101 Beneficial owner

Colour Life Services Group Co Headlines

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