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Contel Technology Co (HKSE:01912) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Contel Technology 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. Contel Technology Co's Operating Income for the six months ended in Dec. 2024 was HK$-25.6 Mil. Contel Technology Co's Interest Expense for the six months ended in Dec. 2024 was HK$-13.7 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 Contel Technology Co's Interest Coverage or its related term are showing as below:


HKSE:01912's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20
* 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.


Contel Technology Co Interest Coverage Historical Data

The historical data trend for Contel Technology 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.

Contel Technology Co Interest Coverage Chart

Contel Technology 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 3.07 2.24 - - -

Contel Technology Co Semi-Annual Data
Dec15 Dec16 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 - - - - -

Competitive Comparison of Contel Technology Co's Interest Coverage

For the Semiconductors subindustry, Contel Technology 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.


Contel Technology Co's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Contel Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Contel Technology Co's Interest Coverage falls into.


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Contel Technology 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.

Contel Technology 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, Contel Technology Co's Interest Expense was HK$-24.2 Mil. Its Operating Income was HK$-36.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$10.8 Mil.

Contel Technology Co did not have earnings to cover the interest expense.

Contel Technology Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Contel Technology Co's Interest Expense was HK$-13.7 Mil. Its Operating Income was HK$-25.6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$10.8 Mil.

Contel Technology Co 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.


Contel Technology Co  (HKSE:01912) 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 .


Contel Technology Co Interest Coverage Related Terms

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Contel Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.188-202 Texaco Road, Unit No. A, 13th Floor, Block 1, Leader Industrial Centre, Tsuen Wan, New Territories, Hong Kong, HKG
Contel Technology Co Ltd is mainly engaged in sourcing and sale of integrated circuit (IC) products. It specializes in providing IC application solutions and IC-related services in five main categories: mobile devices and smart charging products; motor control; sensors and automation; light-emitting diode; radio frequency (RF) power.
Executives
Feng Tao 2201 Interest of corporation controlled by you
Qing Haodong 2202 Interest of your spouse
P.grand (bvi) Ltd. 2101 Beneficial owner
Kingtech (bvi) Ltd. 2101 Beneficial owner
Lam Keung 2201 Interest of corporation controlled by you

Contel Technology Co Headlines

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