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Suzhou Basecare Medical (HKSE:02170) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Suzhou Basecare Medical 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. Suzhou Basecare Medical's Operating Income for the six months ended in Dec. 2024 was HK$-137.5 Mil. Suzhou Basecare Medical's Interest Expense for the six months ended in Dec. 2024 was HK$-6.1 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 Suzhou Basecare Medical's Interest Coverage or its related term are showing as below:


HKSE:02170's Interest Coverage is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 17.335
* 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.


Suzhou Basecare Medical Interest Coverage Historical Data

The historical data trend for Suzhou Basecare Medical'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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Suzhou Basecare Medical Interest Coverage Chart

Suzhou Basecare Medical Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Suzhou Basecare Medical Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Suzhou Basecare Medical's Interest Coverage

For the Medical Devices subindustry, Suzhou Basecare Medical'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.


Suzhou Basecare Medical's Interest Coverage Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Suzhou Basecare Medical's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Suzhou Basecare Medical's Interest Coverage falls into.


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Suzhou Basecare Medical 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.

Suzhou Basecare Medical'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, Suzhou Basecare Medical's Interest Expense was HK$-10.0 Mil. Its Operating Income was HK$-287.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$319.9 Mil.

Suzhou Basecare Medical did not have earnings to cover the interest expense.

Suzhou Basecare Medical's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Suzhou Basecare Medical's Interest Expense was HK$-6.1 Mil. Its Operating Income was HK$-137.5 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$319.9 Mil.

Suzhou Basecare Medical 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.


Suzhou Basecare Medical  (HKSE:02170) 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 .


Suzhou Basecare Medical Interest Coverage Related Terms

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


Suzhou Basecare Medical Business Description

Traded in Other Exchanges
N/A
Address
No. 77 Jingu Road, Unit 101, Building A3, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215000
Suzhou Basecare Medical Corp Ltd is engaged in providing genetic testing solutions for assisted human reproduction. The company generates revenues from Sales of testing kits, followed by Sales of testing devices, instruments, and consumables. Geographically the company generates the majority of its revenue from the PRC.
Executives
Orbimed Capital Llc 2102 Investment manager
Lake Bleu Prime Healthcare Master Fund Limited 2201 Interest of corporation controlled by you
Orbimed Partners Master Fund Limited 2101 Beneficial owner
Dawn Capital Fund 2101 Beneficial owner
Dawn Capital Limited 2102 Investment manager
Hh Spr-xiv Cy Holdings Limited 2201 Interest of corporation controlled by you
Hh Spr-xiv Hk Holdings Limited 2101 Beneficial owner
Hh Spr-xiv Holdings L.p. 2201 Interest of corporation controlled by you
Hillhouse Fund Iv, L.p. 2201 Interest of corporation controlled by you
Hillhouse Investment Management, Ltd. 2102 Investment manager

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