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Steve Leung Design Group (HKSE:02262) Interest Coverage : 10.85 (As of Dec. 2024)


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What is Steve Leung Design Group 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. Steve Leung Design Group's Operating Income for the six months ended in Dec. 2024 was HK$17.1 Mil. Steve Leung Design Group's Interest Expense for the six months ended in Dec. 2024 was HK$-1.6 Mil. Steve Leung Design Group's interest coverage for the quarter that ended in Dec. 2024 was 10.85. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Steve Leung Design Group's Interest Coverage or its related term are showing as below:

HKSE:02262' s Interest Coverage Range Over the Past 10 Years
Min: 2.59   Med: 24.54   Max: No Debt
Current: 6.1


HKSE:02262's Interest Coverage is ranked worse than
54.83% of 1326 companies
in the Construction industry
Industry Median: 7.22 vs HKSE:02262: 6.10

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


Steve Leung Design Group Interest Coverage Historical Data

The historical data trend for Steve Leung Design Group'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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Steve Leung Design Group Interest Coverage Chart

Steve Leung Design Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.31 10.15 - 2.59 6.10

Steve Leung Design Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only 0.28 - 7.12 2.36 10.85

Competitive Comparison of Steve Leung Design Group's Interest Coverage

For the Engineering & Construction subindustry, Steve Leung Design Group'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.


Steve Leung Design Group's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Steve Leung Design Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Steve Leung Design Group's Interest Coverage falls into.


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Steve Leung Design Group 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.

Steve Leung Design Group'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, Steve Leung Design Group's Interest Expense was HK$-3.6 Mil. Its Operating Income was HK$21.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$24.2 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*21.794/-3.574
=6.10

Steve Leung Design Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Steve Leung Design Group's Interest Expense was HK$-1.6 Mil. Its Operating Income was HK$17.1 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$24.2 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*17.076/-1.574
=10.85

* 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.


Steve Leung Design Group  (HKSE:02262) 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 .


Steve Leung Design Group Interest Coverage Related Terms

Thank you for viewing the detailed overview of Steve Leung Design Group's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Steve Leung Design Group Business Description

Traded in Other Exchanges
N/A
Address
23 Wang Tai Road, 30th Floor, Manhattan Place, Kowloon Bay, Hong Kong, HKG
Steve Leung Design Group Ltd acts as an investment holding company and provides corporate management services. Along with its subsidiaries, it is engaged in providing interior design services, interior decorating and furnishing design services, and product design services. The group's reportable segments are SLD (Steve Leung Design), SLL (Steve Leung Lifestyle), and JHD (Jangho Design). A majority of its revenue is generated from the SLD (Steve Leung Design) segment, which provides interior design services and licensing arrangements under all Steve Leung-related brands, which mainly focus on the residential market. Geographically, it generates maximum revenue from the People's Republic of China (PRC), and also has a presence in Hong Kong and other regions.
Executives
Maple Global Capital Limited 2101 Beneficial owner
He Yaohua 2201 Interest of corporation controlled by you
Leung Chi Tien Steve 2101 Beneficial owner
Fu Haixia 2202 Interest of your spouse
Bei Jing Jiang He Chuang Zhan Guan Li Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Gang Yuan Jian Zhu Zhuang Shi Gong Cheng You Xian Gong Si 2201 Interest of corporation controlled by you
Gang Yuan Jian Zhu Zhuang Shi Xiang Gang You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang He Xiang Gang Kong Gu You Xian Gong Si 2101 Beneficial owner
Bei Jing Jiang He Yuan Kong Gu You Xian Gong Si 2101 Beneficial owner
Jiang He Chuang Jian Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Liu Zaiwang 2101 Beneficial owner
Reach Glory International Limited 2201 Interest of corporation controlled by you
Sundart Holdings Limited 2201 Interest of corporation controlled by you
Health Capital Enterprises Limited 2101 Beneficial owner
Gloryeild Enterprises Limited 2101 Beneficial owner

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