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Enterprise Development Holdings (HKSE:01808) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Enterprise Development 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. Enterprise Development Holdings's Operating Income for the six months ended in Dec. 2024 was HK$-32.0 Mil. Enterprise Development Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-5.7 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 Enterprise Development Holdings's Interest Coverage or its related term are showing as below:


HKSE:01808's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.06
* 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.


Enterprise Development Holdings Interest Coverage Historical Data

The historical data trend for Enterprise Development 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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Enterprise Development Holdings Interest Coverage Chart

Enterprise Development Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Enterprise Development Holdings 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 - - - 2.69 -

Competitive Comparison of Enterprise Development Holdings's Interest Coverage

For the Software - Application subindustry, Enterprise Development 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.


Enterprise Development Holdings's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Enterprise Development Holdings's Interest Coverage distribution charts can be found below:

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


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Enterprise Development 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.

Enterprise Development 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, Enterprise Development Holdings's Interest Expense was HK$-9.8 Mil. Its Operating Income was HK$-21.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.4 Mil.

Enterprise Development Holdings did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2024, Enterprise Development Holdings's Interest Expense was HK$-5.7 Mil. Its Operating Income was HK$-32.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.4 Mil.

Enterprise Development 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.


Enterprise Development Holdings  (HKSE:01808) 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 .


Enterprise Development Holdings Interest Coverage Related Terms

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


Enterprise Development Holdings Business Description

Traded in Other Exchanges
N/A
Address
18 Fenwick Street/46 Gloucester Road, Room 1105, 15th Floor, Jubilee Centre, Wan Chai, Hong Kong, HKG
Enterprise Development Holdings Ltd is an investment holding company engaged in the Software business which includes the Provision of integrated business software solutions in the People's Republic of China. Its product offering includes Software maintenance and other services, and the Sale of software licenses and other products. The company has one reportable segment, which is the Software and Hardware Business, which includes the sale of software licenses and other products and the provision of integrated business software solutions in the PRC. Geographically, it operates in China, Hong Kong, Thailand. The company derives a majority of its revenue from China.
Executives
Hong Tai International Ii Lpf 2101 Beneficial owner
Cheng Wing 2101 Beneficial owner
Teoh Ronnie Chee Keong 2101 Beneficial owner
China Taiping Insurance Holdings Company Limited 2201 Interest of corporation controlled by you
Wu Xiaodong 2201 Interest of corporation controlled by you
Han Lili 2201 Interest of corporation controlled by you
Zhongwei Group (hong Kong) Co., Limited 2101 Beneficial owner
De Gennes Limited 2101 Beneficial owner
King Pak Fu
Rentian Technology Holdings Limited 2201 Interest of corporation controlled by you
Taiping Financial Holdings Company Limited 2101 Beneficial owner
China Insurance Group Finance Company Limited 2106 Person having a security interest in shares

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