Carote (HKSE:02549) Interest Coverage: 7,819.89 (As of Dec. 2025) — 810% Above Median

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HKSE:02549 Carote Ltd HKSE:02549
21 GF Score
Price HK$3.74
! 4 Warning Signs
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What is Carote Interest Coverage?

Carote HKSE:02549 +0.27% 21 Interest Coverage is 7,819.89 as of Dec. 2025, which is 810% above its 10-year median of 859.59. GuruFocus rates HKSE:02549 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 294 Furnishings, Fixtures & Appliances companies, Carote ranks better than 97.28% on this metric.

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. Carote's Operating Income for the six months ended in Dec. 2025 was HK$211 Mil. Carote's Interest Expense for the six months ended in Dec. 2025 was HK$-0 Mil. Carote's interest coverage for the quarter that ended in Dec. 2025 was 7,819.89. 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. Carote Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

HKSE:02549' s Interest Coverage Range Over the Past 10 Years
Min: 18.34   Med: 859.59   Max: 3957.35
Current: 3957.35


HKSE:02549's Interest Coverage is ranked better than
97.28% of 294 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 10.955 vs HKSE:02549: 3957.35

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


Carote  (HKSE:02549) 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 .


Carote Interest Coverage Related Terms


Carote Interest Coverage Historical Data

* Premium members only.

The historical data trend for Carote'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.

Carote Interest Coverage Chart

Carote Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
18.34 60.29 859.59 1,507.49 3,921.43

Carote Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial N/A 1,096.44 2,306.20 1,951.81 7,819.89

HKSE:02549 vs SN, SGI, MHK: Interest Coverage Comparison

For the Furnishings, Fixtures & Appliances subindustry, Carote'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.


Carote Interest Coverage vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Carote's Interest Coverage distribution charts can be found below:

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


HKSE:02549
21GF Score
Carote Ltd HKSE:02549
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carote 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.

Carote's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Carote's Interest Expense was HK$-0 Mil. Its Operating Income was HK$314 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*313.714/-0.08
=3,921.43

Carote's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Carote's Interest Expense was HK$-0 Mil. Its Operating Income was HK$211 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*211.137/-0.027
=7,819.89

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 7,819.89 mean?
Carote (HKSE:02549) has a Interest Coverage of 7,819.89 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Carote and its competitors. This is 810% above median its historical median of 859.59. Over the past decade, Carote's Interest Coverage has ranged from 18.34 to 3,957.35. According to the industry distribution chart, Carote ranks #8 out of 294 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 2.7%.
Is Carote's Interest Coverage too high?
Carote's current Interest Coverage of 7,819.89 is 810% above median its 10-year median of 859.59. Over the past 10 years, this metric has ranged from a low of 18.34 to a high of 3,957.35. The Furnishings, Fixtures & Appliances industry median Interest Coverage is 10.96. Carote's value of 7,819.89 is 71281.9% above this industry median. Based on the distribution chart, Carote ranks #8 out of 294 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Carote has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Carote's Interest Coverage compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Carote ranks #8 out of 294 companies for Interest Coverage. This places Carote in the top 3% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.96. Carote's value of 7,819.89 is 71281.9% above this benchmark. Historically, Carote's own Interest Coverage has ranged from 18.34 to 3,957.35 over the past decade. While the company's 10-year median is 859.59 vs. the industry median of 10.96, Carote has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 10.96, based on 294 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carote's current Interest Coverage of 7,819.89 is 71281.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Carote and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 10.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carote's current Interest Coverage is 7,819.89, which is 810% above median its own 10-year median of 859.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carote stock overvalued right now?
Carote (HKSE:02549) has a current Interest Coverage of 7,819.89. The current Interest Coverage is 7,819.89, which is 810% above median its 10-year median of 859.59 and 71281.9% above the Furnishings, Fixtures & Appliances industry median of 10.96. Carote's overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Carote (HKSE:02549), the current Interest Coverage is 7,819.89 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Carote Business Description

Address Unit 1, Tower 6, 3rd - 5th Floor, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Carote Ltd is a brand of kitchenware products. Its products are designed to provide customers with practical, well-designed, and affordable items that promote a modern cooking lifestyle. The company offers a wide range of kitchenware, from essential pots and pans to well-designed tableware and beverage containers, aiming to meet various kitchen needs and enhance the culinary experience. Geographically, the company operates in Mainland China, the United States, Western Europe, Japan, Southeast Asia, and other countries. The majority of its revenue comes from the United States.
21GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$3.74
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