GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AUX International Holdings Ltd (HKSE:02080) » Definitions » Interest Coverage

AUX International Holdings (HKSE:02080) Interest Coverage : 34.74 (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is AUX International 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. AUX International Holdings's Operating Income for the six months ended in Sep. 2024 was HK$21.3 Mil. AUX International Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$-0.6 Mil. AUX International Holdings's interest coverage for the quarter that ended in Sep. 2024 was 34.74. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:02080' s Interest Coverage Range Over the Past 10 Years
Min: 6.62   Med: 38.24   Max: No Debt
Current: 34.35


HKSE:02080's Interest Coverage is ranked better than
81.2% of 1314 companies
in the Real Estate industry
Industry Median: 3.965 vs HKSE:02080: 34.35

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


AUX International Holdings Interest Coverage Historical Data

The historical data trend for AUX International 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.

AUX International Holdings Interest Coverage Chart

AUX International Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.62 13.30 13.74 42.32 34.15

AUX International Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.01 95.32 34.39 33.92 34.74

Competitive Comparison of AUX International Holdings's Interest Coverage

For the Real Estate Services subindustry, AUX International 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.


AUX International Holdings's Interest Coverage Distribution in the Real Estate Industry

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

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


;
;

AUX International 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.

AUX International Holdings'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, AUX International Holdings's Interest Expense was HK$-1.1 Mil. Its Operating Income was HK$37.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$105.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*36.986/-1.083
=34.15

AUX International Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, AUX International Holdings's Interest Expense was HK$-0.6 Mil. Its Operating Income was HK$21.3 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$39.4 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*21.333/-0.614
=34.74

* 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.


AUX International Holdings  (HKSE:02080) 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 .


AUX International Holdings Interest Coverage Related Terms

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


AUX International Holdings Business Description

Traded in Other Exchanges
N/A
Address
288 Hennessy Road, Emperor Group Centre, Unit 1, 10th Floor, Wan Chai, Hong Kong, HKG
AUX International Holdings Ltd is engaged in the operation of clubbing business in Hong Kong and property management services. The segments of the group are Lifestyle entertainment in Hong Kong which involves the sales of food and beverages and tobacco products from the operation of clubbing business and restaurant and bar outlets; and Property management in Mainland China which involves the provision of property management services. It derives a majority of revenue from the Property management segment. Its revenue sources include the sale of beverages and tobacco products, other club operations including entrance fees, cloakroom fees, and event rental income, sponsorship income and income arising from the provision of property management services.
Executives
Zheng Jian Jiang 2201 Interest of corporation controlled by you
He Yi Ju 2202 Interest of your spouse
Huiri Limited 2101 Beneficial owner
Ze Hui Limited 2201 Interest of corporation controlled by you
Xu Xingen 2101 Beneficial owner

AUX International Holdings Headlines

No Headlines