GURUFOCUS.COM » STOCK LIST » Technology » Software » International Business Digital Technology Ltd (HKSE:01782) » Definitions » Interest Coverage

International Business Digital Technology (HKSE:01782) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is International Business Digital Technology 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. International Business Digital Technology's Operating Income for the six months ended in Dec. 2023 was HK$-28.4 Mil. International Business Digital Technology's Interest Expense for the six months ended in Dec. 2023 was HK$-0.2 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 International Business Digital Technology's Interest Coverage or its related term are showing as below:


HKSE:01782's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.27
* 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.


International Business Digital Technology Interest Coverage Historical Data

The historical data trend for International Business Digital Technology'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.

International Business Digital Technology Interest Coverage Chart

International Business Digital Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.57 4.36 6.50 - -

International Business Digital Technology Semi-Annual Data
Dec14 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 1.28 - - - -

Competitive Comparison of International Business Digital Technology's Interest Coverage

For the Software - Application subindustry, International Business Digital Technology'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.


International Business Digital Technology's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, International Business Digital Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where International Business Digital Technology's Interest Coverage falls into.



International Business Digital Technology 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.

International Business Digital Technology's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, International Business Digital Technology's Interest Expense was HK$-0.4 Mil. Its Operating Income was HK$-55.5 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.1 Mil.

International Business Digital Technology did not have earnings to cover the interest expense.

International Business Digital Technology's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, International Business Digital Technology's Interest Expense was HK$-0.2 Mil. Its Operating Income was HK$-28.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.1 Mil.

International Business Digital Technology 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.


International Business Digital Technology  (HKSE:01782) 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 .


International Business Digital Technology Interest Coverage Related Terms

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


International Business Digital Technology (HKSE:01782) Business Description

Traded in Other Exchanges
N/A
Address
9 Shangdi Fifth Street, 4th Floor, Block 2, Founder Building, Haidian District, Beijing, CHN, 100085
International Business Digital Technology Ltd, formerly Vixtel Technologies Holdings Ltd is an investment holding company. The Group is principally engaged in the following businesses such as integrated APM (application performance management) system solutions, software development services, technical services, and sales of embedded hardware & standard APM software. Its products include APM vista SaaS Platform, NetVista Platform, IPTV/OTT Video Quality System, Loglyst Analysis Platform, cloud NPM Platform, and Trade QoS Monitoring. The company's geographical segments are Hong Kong, Taiwan and Mainland China.
Executives
Du Li 2201 Interest of corporation controlled by you
Phoenix Wealth (cayman) Asset Management Limited 2101 Beneficial owner
Phoenix Wealth (hong Kong) Asset Management Limited 2201 Interest of corporation controlled by you
Phoenix Wealth Investment (holdings) Limited 2201 Interest of corporation controlled by you

International Business Digital Technology (HKSE:01782) Headlines

No Headlines