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Beijing Health (Holdings) (HKSE:02389) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Beijing Health (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. Beijing Health (Holdings)'s Operating Income for the six months ended in Dec. 2024 was HK$-26.6 Mil. Beijing Health (Holdings)'s Interest Expense for the six months ended in Dec. 2024 was HK$-0.1 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 Beijing Health (Holdings)'s Interest Coverage or its related term are showing as below:


HKSE:02389's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.17
* 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.


Beijing Health (Holdings) Interest Coverage Historical Data

The historical data trend for Beijing Health (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.

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Beijing Health (Holdings) Interest Coverage Chart

Beijing Health (Holdings) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Beijing Health (Holdings) Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Beijing Health (Holdings)'s Interest Coverage

For the Medical Care Facilities subindustry, Beijing Health (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.


Beijing Health (Holdings)'s Interest Coverage Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Beijing Health (Holdings)'s Interest Coverage falls into.


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Beijing Health (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.

Beijing Health (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, Beijing Health (Holdings)'s Interest Expense was HK$-0.2 Mil. Its Operating Income was HK$-58.2 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3.4 Mil.

Beijing Health (Holdings) did not have earnings to cover the interest expense.

Beijing Health (Holdings)'s Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Beijing Health (Holdings)'s Interest Expense was HK$-0.1 Mil. Its Operating Income was HK$-26.6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3.4 Mil.

Beijing Health (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.


Beijing Health (Holdings)  (HKSE:02389) 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 .


Beijing Health (Holdings) Interest Coverage Related Terms

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


Beijing Health (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
909 Cheung Sha Wan Road, Unit 2704, 27th Floor, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Beijing Health (Holdings) Ltd is engaged in the provision of medical care, health care, and geriatric care-related services and products in the PRC. Its business segments are Geriatric Care, Medical and Health, and Health Industrial Park.
Executives
Lin Chih-lung 2101 Beneficial owner
China Vista Capital Limited 2101 Beneficial owner
China Vista Investment Limited 2201 Interest of corporation controlled by you
Beijing Financial Investment Holdings Limited 2106 Person having a security interest in shares
Beijing Enterprises Group Company Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Real Estate (hk) Limited 2201 Interest of corporation controlled by you
Beijing Properties (holdings) Limited 2201 Interest of corporation controlled by you
Cosmic Stand International Limited 2101 Beneficial owner

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