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Zero2IPO Holdings (HKSE:01945) Interest Coverage : 0 (At Loss) (As of Jun. 2024)


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What is Zero2IPO 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. Zero2IPO Holdings's Operating Income for the six months ended in Jun. 2024 was HK$-23.9 Mil. Zero2IPO Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$-0.8 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 Zero2IPO Holdings's Interest Coverage or its related term are showing as below:

HKSE:01945' s Interest Coverage Range Over the Past 10 Years
Min: 3.04   Med: 18.4   Max: 29.82
Current: 3.04


HKSE:01945's Interest Coverage is ranked worse than
94.94% of 336 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs HKSE:01945: 3.04

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


Zero2IPO Holdings Interest Coverage Historical Data

The historical data trend for Zero2IPO 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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Zero2IPO Holdings Interest Coverage Chart

Zero2IPO Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 18.40 29.82 15.07 27.83 3.04

Zero2IPO Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 86.10 - 28.24 -

Competitive Comparison of Zero2IPO Holdings's Interest Coverage

For the Financial Conglomerates subindustry, Zero2IPO 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.


Zero2IPO Holdings's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Zero2IPO Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zero2IPO Holdings's Interest Coverage falls into.



Zero2IPO 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.

Zero2IPO Holdings's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Zero2IPO Holdings's Interest Expense was HK$-2.1 Mil. Its Operating Income was HK$6.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$27.9 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*6.434/-2.118
=3.04

Zero2IPO Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, Zero2IPO Holdings's Interest Expense was HK$-0.8 Mil. Its Operating Income was HK$-23.9 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$11.2 Mil.

Zero2IPO 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.


Zero2IPO Holdings  (HKSE:01945) 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 .


Zero2IPO Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of Zero2IPO Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Zero2IPO Holdings Business Description

Traded in Other Exchanges
N/A
Address
No.40 Xiaoyun Road, 10th Floor, Air China Century Building, Building No.1, Chaoyang District, Beijing, CHN, 100600
Zero2IPO Holdings Inc is an integrated service platform for the equity investment industry. It provides data, marketing, consulting, and training services to participants in the equity investment industry. Its segment includes Data services that focus on providing information data and research reports; Marketing services that focus on providing information, industry exchanges, and brand promotion, and Investment Banking Services for the venture capital industry; Training services that focus on talent training in the venture capital industry and provide professional entrepreneurship and investment training services, and the majority of the revenue comes from the Marketing services.
Executives
Ni Zhengdong 2201 Interest of corporation controlled by you
Jq Brothers Ltd. 2101 Beneficial owner

Zero2IPO Holdings Headlines

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