GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Oriented International Holdings Ltd (HKSE:01871) » Definitions » Interest Coverage

China Oriented International Holdings (HKSE:01871) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


View and export this data going back to 2019. Start your Free Trial

What is China Oriented International 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. China Oriented International Holdings's Operating Income for the six months ended in Dec. 2024 was HK$-7.87 Mil. China Oriented International Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-1.53 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 China Oriented International Holdings's Interest Coverage or its related term are showing as below:


HKSE:01871's Interest Coverage is not ranked *
in the Education industry.
Industry Median: 16.92
* 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.


China Oriented International Holdings Interest Coverage Historical Data

The historical data trend for China Oriented International 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.

China Oriented International Holdings Interest Coverage Chart

China Oriented International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 3.29 0.90 - - -

China Oriented International Holdings Semi-Annual Data
Dec16 Dec17 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 - - - - -

Competitive Comparison of China Oriented International Holdings's Interest Coverage

For the Education & Training Services subindustry, China Oriented International 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.


China Oriented International Holdings's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Oriented International Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China Oriented International Holdings's Interest Coverage falls into.


;
;

China Oriented International 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.

China Oriented International 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, China Oriented International Holdings's Interest Expense was HK$-3.50 Mil. Its Operating Income was HK$-11.94 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.92 Mil.

China Oriented International Holdings did not have earnings to cover the interest expense.

China Oriented International Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, China Oriented International Holdings's Interest Expense was HK$-1.53 Mil. Its Operating Income was HK$-7.87 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.92 Mil.

China Oriented International 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.


China Oriented International Holdings  (HKSE:01871) 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 .


China Oriented International Holdings Interest Coverage Related Terms

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


China Oriented International Holdings Business Description

Traded in Other Exchanges
N/A
Address
Baililiu Village, Zhutang Township, Suiping Count, Henan Province, Zhumadian, CHN
China Oriented International Holdings Ltd is engaged in providing driving training services. It has two driving schools, namely, Shun Da School and Tong Tai School. Shun Da School offers driving training services for preparation for Driving Tests of small manual cars and Tong Tai School is a qualified level I driving school offering driving training services for preparation for driving tests of both Large Vehicles and Small Vehicles. The Group's operation is regarded as one reportable and operating segment which is provision of driving training services. All of the group's revenue is derived from the PRC.
Executives
Ample Star Global Limited 2101 Beneficial owner
Greater Sino Ventures Limited 2101 Beneficial owner
China Castson 81 Finance Company Limited 2101 Beneficial owner
Hui Ching Ping 2202 Interest of your spouse
Ling Wai Leung 2201 Interest of corporation controlled by you
Pu Xiong Tou Zi You Xian Gong Si 2101 Beneficial owner
Gao Dongju 2202 Interest of your spouse
Qi Xiangzhong 2201 Interest of corporation controlled by you
China Internet Investment Finance Holdings Limited 2201 Interest of corporation controlled by you
Shou Yue Kong Gu You Xian Gong Si 2101 Beneficial owner

China Oriented International Holdings Headlines

No Headlines