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Infinities Technology International (Cayman) Holding (HKSE:01961) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Infinities Technology International (Cayman) Holding 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. Infinities Technology International (Cayman) Holding's Operating Income for the six months ended in Dec. 2024 was HK$-20.4 Mil. Infinities Technology International (Cayman) Holding's Interest Expense for the six months ended in Dec. 2024 was HK$-0.2 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 Infinities Technology International (Cayman) Holding's Interest Coverage or its related term are showing as below:


HKSE:01961's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 28.36
* 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.


Infinities Technology International (Cayman) Holding Interest Coverage Historical Data

The historical data trend for Infinities Technology International (Cayman) Holding'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.

Infinities Technology International (Cayman) Holding Interest Coverage Chart

Infinities Technology International (Cayman) Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 153.04 - - - -

Infinities Technology International (Cayman) Holding 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 Infinities Technology International (Cayman) Holding's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Infinities Technology International (Cayman) Holding'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.


Infinities Technology International (Cayman) Holding's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Infinities Technology International (Cayman) Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Infinities Technology International (Cayman) Holding's Interest Coverage falls into.


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Infinities Technology International (Cayman) Holding 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.

Infinities Technology International (Cayman) Holding'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, Infinities Technology International (Cayman) Holding's Interest Expense was HK$-0.4 Mil. Its Operating Income was HK$-42.2 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.9 Mil.

Infinities Technology International (Cayman) Holding did not have earnings to cover the interest expense.

Infinities Technology International (Cayman) Holding's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Infinities Technology International (Cayman) Holding's Interest Expense was HK$-0.2 Mil. Its Operating Income was HK$-20.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.9 Mil.

Infinities Technology International (Cayman) Holding 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.


Infinities Technology International (Cayman) Holding  (HKSE:01961) 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 .


Infinities Technology International (Cayman) Holding Interest Coverage Related Terms

Thank you for viewing the detailed overview of Infinities Technology International (Cayman) Holding's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Infinities Technology International (Cayman) Holding Business Description

Traded in Other Exchanges
N/A
Address
12-1 Keyun Road, Room 606, West Building, Fangyuan E Time, Tianhe District, Guangzhou, CHN
Infinities Technology International (Cayman) Holding Ltd is engaged in the development and operation of mobile games, the distribution of digital media content and gaming products supply in China and overseas. The company operates in three segment: Mobile games, Digital media, and Gaming products supply. The maximum of its revenue is derived from the Digital media segment. It operates in Mainland China and Other countries.
Executives
Infinities Technology (cayman) Holding Limited 2201 Interest of corporation controlled by you
An Fenghua 2201 Interest of corporation controlled by you
Infinities B&m Technology Limited 2101 Beneficial owner
Infinities Global Technology Limited Partnership 2101 Beneficial owner
Infinities Worldwide Limited 2201 Interest of corporation controlled by you
Liu Xiaoke 2201 Interest of corporation controlled by you
Wang Le 2201 Interest of corporation controlled by you
More Gain Group Limited 2101 Beneficial owner
Tan Bing 2201 Interest of corporation controlled by you

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