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Sinohealth Holdings (HKSE:02361) Interest Coverage : 237.99 (As of Dec. 2024)


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What is Sinohealth 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. Sinohealth Holdings's Operating Income for the six months ended in Dec. 2024 was HK$74.3 Mil. Sinohealth Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-0.3 Mil. Sinohealth Holdings's interest coverage for the quarter that ended in Dec. 2024 was 237.99. 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. Sinohealth Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

HKSE:02361' s Interest Coverage Range Over the Past 10 Years
Min: 51.04   Med: 128.95   Max: 167.19
Current: 165.38


HKSE:02361's Interest Coverage is ranked better than
86.25% of 429 companies
in the Healthcare Providers & Services industry
Industry Median: 8.17 vs HKSE:02361: 165.38

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


Sinohealth Holdings Interest Coverage Historical Data

The historical data trend for Sinohealth 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.

Sinohealth Holdings Interest Coverage Chart

Sinohealth Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 51.04 162.38 81.13 167.19 165.68

Sinohealth Holdings Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.47 93.29 223.93 101.38 237.99

Competitive Comparison of Sinohealth Holdings's Interest Coverage

For the Health Information Services subindustry, Sinohealth 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.


Sinohealth Holdings's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sinohealth Holdings's Interest Coverage distribution charts can be found below:

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


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Sinohealth 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.

Sinohealth Holdings'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, Sinohealth Holdings's Interest Expense was HK$-0.7 Mil. Its Operating Income was HK$109.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$7.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*109.849/-0.663
=165.68

Sinohealth Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Sinohealth Holdings's Interest Expense was HK$-0.3 Mil. Its Operating Income was HK$74.3 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$7.6 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*74.254/-0.312
=237.99

* 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.


Sinohealth Holdings  (HKSE:02361) 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 .


Sinohealth Holdings Interest Coverage Related Terms

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


Sinohealth Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Wangjiang Second Street, Room 1111, Huangge Town, Nansha District, Guangdong Province, Guangzhou, CHN, 510623
Sinohealth Holdings Ltd operates in the healthcare industry. It offers digital and intelligent solutions that include AI agent applications tailored for healthcare, pharmacies, business, health management, and Research and Development. The company offers various digital solutions, such as the Intelligent Retail Cloud, Intelligent Medical Cloud, Intelligent Health Management Cloud, and various other data insights and Software as a Service (Saas) products for different domains in the healthcare industry. Geographically, the company generates maximum revenue from Mainland China, followed by, Netherlands, England, Hong Kong, Singapore, and other regions.
Executives
Futu Trustee Limited 2301 Trustee
Shanghai Tianyi Assets Management Co., Ltd 2201 Interest of corporation controlled by you
Yu Rong 2201 Interest of corporation controlled by you
Tianyi (bvi) Limited 2101 Beneficial owner
Shang Hai Xuan Yu Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Rikan Industry Investment Limited Partnership
Wang Lifang 2201 Interest of corporation controlled by you
Wu Yushu 2201 Interest of corporation controlled by you
Wlf Investment Holdings Limited 2101 Beneficial owner
Li Hanxiong 2201 Interest of corporation controlled by you
Montesy Capital Holding Ltd 2101 Beneficial owner
Wu Meirong 2202 Interest of your spouse
Ying Lian You Xian Gong Si 2101 Beneficial owner

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