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King's Stone Holdings Group (HKSE:01943) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is King's Stone Holdings Group 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. King's Stone Holdings Group's Operating Income for the six months ended in Sep. 2024 was HK$-62.8 Mil. King's Stone Holdings Group's Interest Expense for the six months ended in Sep. 2024 was HK$-0.0 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 King's Stone Holdings Group's Interest Coverage or its related term are showing as below:


HKSE:01943's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 6.265
* 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.


King's Stone Holdings Group Interest Coverage Historical Data

The historical data trend for King's Stone Holdings Group'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.

King's Stone Holdings Group Interest Coverage Chart

King's Stone Holdings Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only - 48.95 - 205.85 -

King's Stone Holdings Group Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 629.41 76.74 - -

Competitive Comparison of King's Stone Holdings Group's Interest Coverage

For the Building Materials subindustry, King's Stone Holdings Group'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.


King's Stone Holdings Group's Interest Coverage Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, King's Stone Holdings Group's Interest Coverage distribution charts can be found below:

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


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King's Stone Holdings Group 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.

King's Stone Holdings Group's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, King's Stone Holdings Group's Interest Expense was HK$-0.1 Mil. Its Operating Income was HK$-20.3 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.1 Mil.

King's Stone Holdings Group did not have earnings to cover the interest expense.

King's Stone Holdings Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, King's Stone Holdings Group's Interest Expense was HK$-0.0 Mil. Its Operating Income was HK$-62.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

King's Stone Holdings Group 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.


King's Stone Holdings Group  (HKSE:01943) 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 .


King's Stone Holdings Group Interest Coverage Related Terms

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King's Stone Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
152 Queen’s Road Central, Office Floor 29, Queen’s Road Centre, Hong Kong, HKG
King's Stone Holdings Group Ltd formerly Silver Tide Holdings Ltd is an investment holding company. The company is principally engaged in providing construction services including traditional formwork using timber and plywood, system formwork using aluminum and steel, and ancillary works such as concrete works and reinforcement works for the public and private sectors and securities dealing and broking. The company earns maximum revenue from the Construction service segment. Geographically, the company derives revenue from Hong Kong.
Executives
Huayu Holdings Limited 2101 Beneficial owner
Zeng Jingwen 2201 Interest of corporation controlled by you
Chu Chui Ling 2106 Person having a security interest in shares
Ultra Accord Limited 2106 Person having a security interest in shares
Wang Jianfeng 2201 Interest of corporation controlled by you
Central Force Premium Group Limited 2101 Beneficial owner
Regal Loyalty Limited 2201 Interest of corporation controlled by you
Xu Fang 2202 Interest of your spouse
Silver Tide Enterprises Limited 2101 Beneficial owner
Ip Chi Ming 2201 Interest of corporation controlled by you
Wong Fong Choi 2202 Interest of your spouse

King's Stone Holdings Group Headlines

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