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Ye Xing Group Holdings (HKSE:01941) Interest Coverage : 2,056.00 (As of Dec. 2024)


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What is Ye Xing Group 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. Ye Xing Group Holdings's Operating Income for the six months ended in Dec. 2024 was HK$12.3 Mil. Ye Xing Group Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-0.0 Mil. Ye Xing Group Holdings's interest coverage for the quarter that ended in Dec. 2024 was 2,056.00. 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. Ye Xing Group Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Ye Xing Group Holdings's Interest Coverage or its related term are showing as below:

HKSE:01941' s Interest Coverage Range Over the Past 10 Years
Min: 63.68   Med: 243.03   Max: 5318.67
Current: 5318.67


HKSE:01941's Interest Coverage is ranked better than
94.37% of 1314 companies
in the Real Estate industry
Industry Median: 3.965 vs HKSE:01941: 5318.67

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


Ye Xing Group Holdings Interest Coverage Historical Data

The historical data trend for Ye Xing Group 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.

Ye Xing Group Holdings Interest Coverage Chart

Ye Xing Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 211.40 749.54 473.55 1,167.56 5,291.67

Ye Xing Group 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 - 4,419.80 - N/A 2,056.00

Competitive Comparison of Ye Xing Group Holdings's Interest Coverage

For the Real Estate Services subindustry, Ye Xing Group 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.


Ye Xing Group Holdings's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ye Xing Group Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ye Xing Group Holdings's Interest Coverage falls into.


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Ye Xing Group 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.

Ye Xing Group 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, Ye Xing Group Holdings's Interest Expense was HK$-0.0 Mil. Its Operating Income was HK$31.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*31.75/-0.006
=5,291.67

Ye Xing Group Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Ye Xing Group Holdings's Interest Expense was HK$-0.0 Mil. Its Operating Income was HK$12.3 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*12.336/-0.006
=2,056.00

* 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.


Ye Xing Group Holdings  (HKSE:01941) 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 .


Ye Xing Group Holdings Interest Coverage Related Terms

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


Ye Xing Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Room 108, No. 45 Xinrong North Street, Xihongmen, Daxing District, Beijing, CHN
Ye Xing Group Holdings Ltd is a property management service provider offering comprehensive property management and related services for residential and non-residential properties in the PRC. Its services include Property Management Services that provide property owners and residents with a variety of property management services; Property Developer Services that include sales assistance services, pre-delivery cleaning and preparation services, post-delivery repair services, and planning and design consultancy and inspection services; and Value-Added Services that provide property owners and residents with community-related value-added services ranging from home living services to other value-added services that provide convenience to the property owners and residents.
Executives
Winz Strategy Company Limited 2101 Beneficial owner
Chan Sheung Chi 2101 Beneficial owner
Li Yin Ping 2101 Beneficial owner
Zhao Weihao 2201 Interest of corporation controlled by you
Ascendor Futur Holdings Limited 2101 Beneficial owner
Wang Qian 2202 Interest of your spouse
Will Full Holdings Limited 2201 Interest of corporation controlled by you
Wu Hong 2201 Interest of corporation controlled by you
Zhao Bin 2201 Interest of corporation controlled by you

Ye Xing Group Holdings Headlines

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