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Landsea Green Life Service Co (HKSE:01965) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Landsea Green Life Service 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. Landsea Green Life Service Co's Operating Income for the six months ended in Dec. 2023 was HK$-10 Mil. Landsea Green Life Service Co's Interest Expense for the six months ended in Dec. 2023 was HK$-0 Mil. did not have earnings to cover the interest expense. 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. Landsea Green Life Service Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Landsea Green Life Service Co's Interest Coverage or its related term are showing as below:

HKSE:01965' s Interest Coverage Range Over the Past 10 Years
Min: 0.66   Med: 60.75   Max: 1682
Current: 118.82


HKSE:01965's Interest Coverage is ranked better than
86.56% of 1332 companies
in the Real Estate industry
Industry Median: 4.01 vs HKSE:01965: 118.82

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


Landsea Green Life Service Co Interest Coverage Historical Data

The historical data trend for Landsea Green Life Service 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.

Landsea Green Life Service Co Interest Coverage Chart

Landsea Green Life Service Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 0.66 2.67 1,682.00 1,130.20 118.82

Landsea Green Life Service Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,402.25 2,205.69 616.32 370.39 -

Competitive Comparison of Landsea Green Life Service Co's Interest Coverage

For the Real Estate - Diversified subindustry, Landsea Green Life Service 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.


Landsea Green Life Service Co's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Landsea Green Life Service Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Landsea Green Life Service Co's Interest Coverage falls into.



Landsea Green Life Service 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.

Landsea Green Life Service Co'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, Landsea Green Life Service Co's Interest Expense was HK$-0 Mil. Its Operating Income was HK$15 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*15.209/-0.128
=118.82

Landsea Green Life Service Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Landsea Green Life Service Co's Interest Expense was HK$-0 Mil. Its Operating Income was HK$-10 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1 Mil.

Landsea Green Life Service 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.


Landsea Green Life Service Co  (HKSE:01965) 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 .


Landsea Green Life Service Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Landsea Green Life Service Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Landsea Green Life Service Co (HKSE:01965) Business Description

Traded in Other Exchanges
N/A
Address
98 Jianye Road, 10th-11th Floor, Qinhuai District, Jiangsu Province, Nanjing, CHN, 210004
Landsea Green Life Service Co Ltd is a China-based investment holding company that provides property management services. The Company mainly operates through three sectors: property management services, non-owner value-added services, and community value-added services. Property management services include security, cleaning, gardening and landscaping, parking lot management, and daily maintenance and maintenance services. Value-added services for non-owners mainly include case services, pre-consultancy services, other pre-services, and the provision of property agency services. Community value-added services include home life services, public resource management services, and second-hand housing property agency services. Its properties include residential and non-residential properties.
Executives
Tian Ming 2201 Interest of corporation controlled by you
Honor Limited 2101 Beneficial owner
Tian Family Investment Pte. Ltd. 2101 Beneficial owner
Tian Family Holding Pte. Ltd. 2201 Interest of corporation controlled by you
Lin Bofeng 2101 Beneficial owner
Nan Jing Xin Gong Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Nan Jing Fang Zhi Pin Jin Chu Kou Gu Fen You Xian Gong Si 2101 Beneficial owner
State-owned Assets Supervision And Administration Commission Of Nanjing Municipal Government 2201 Interest of corporation controlled by you
Nanjing Urban Construction Investment Holdings (group) Co., Ltd. 2201 Interest of corporation controlled by you
Nanjing Tourism Group Co., Ltd. 2201 Interest of corporation controlled by you
Nanjing State-owned Assets Investment Management Holdings (group) Co., Ltd. 2201 Interest of corporation controlled by you
Lucky Front Investments Limited 2101 Beneficial owner
Chen Huaijun 2201 Interest of corporation controlled by you
Murong Xinyao 2202 Interest of your spouse
Lin Jinfeng 2101 Beneficial owner

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