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Kaisa Prosperity Holdings (HKSE:02168) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Kaisa Prosperity 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. Kaisa Prosperity Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-316 Mil. Kaisa Prosperity Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-1 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 Kaisa Prosperity Holdings's Interest Coverage or its related term are showing as below:


HKSE:02168's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.995
* 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.


Kaisa Prosperity Holdings Interest Coverage Historical Data

The historical data trend for Kaisa Prosperity 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.

Kaisa Prosperity Holdings Interest Coverage Chart

Kaisa Prosperity Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 1,478.17 821.06 477.30 165.18 -

Kaisa Prosperity Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 95.31 151.43 179.37 - -

Competitive Comparison of Kaisa Prosperity Holdings's Interest Coverage

For the Real Estate Services subindustry, Kaisa Prosperity 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.


Kaisa Prosperity Holdings's Interest Coverage Distribution in the Real Estate Industry

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

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



Kaisa Prosperity 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.

Kaisa Prosperity 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, Kaisa Prosperity Holdings's Interest Expense was HK$-1 Mil. Its Operating Income was HK$-450 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$7 Mil.

Kaisa Prosperity Holdings did not have earnings to cover the interest expense.

Kaisa Prosperity Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Kaisa Prosperity Holdings's Interest Expense was HK$-1 Mil. Its Operating Income was HK$-316 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$7 Mil.

Kaisa Prosperity 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.


Kaisa Prosperity Holdings  (HKSE:02168) 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 .


Kaisa Prosperity Holdings Interest Coverage Related Terms

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


Kaisa Prosperity Holdings (HKSE:02168) Business Description

Traded in Other Exchanges
N/A
Address
66 Nanyuan Road, Room 507, Block A, Kaisa Center, Futian District, Shenzhen, CHN
Kaisa Prosperity Holdings Ltd is an investment holding company. It is engaged in four operating business segments. The property management services include providing security, cleaning and gardening, and property repair and maintenance services to residential communities, commercial properties, and public facilities; pre-delivery & consulting services include construction sites management, display units, and property sales venues management and consulting services; community value-added services include fees generated from the car parking, space leasing, and value-added services through both offline and online channels; and smart solution services include installation and maintenance services. Geographically, the company operates across China.
Executives
China Shandong Hi-speed Capital Limited 2201 Interest of corporation controlled by you
China Shandong Hi-speed Financial Group Limited 2201 Interest of corporation controlled by you
Paramount Access Investments Limited 2201 Interest of corporation controlled by you
Safe Castle Limited 2106 Person having a security interest in shares
Ye Chang Investment Company Limited 2101 Beneficial owner
Kaisa Group Holdings Ltd. 2201 Interest of corporation controlled by you

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