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Marketingforce Management (HKSE:02556) Interest Coverage : 0 (At Loss) (As of Jun. 2024)


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What is Marketingforce Management 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. Marketingforce Management's Operating Income for the six months ended in Jun. 2024 was HK$-6 Mil. Marketingforce Management's Interest Expense for the six months ended in Jun. 2024 was HK$-20 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 Marketingforce Management's Interest Coverage or its related term are showing as below:

HKSE:02556' s Interest Coverage Range Over the Past 10 Years
Min: 0.64   Med: 0.82   Max: 0.82
Current: 0.64


HKSE:02556's Interest Coverage is ranked worse than
96.47% of 1613 companies
in the Software industry
Industry Median: 27.86 vs HKSE:02556: 0.64

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


Marketingforce Management Interest Coverage Historical Data

The historical data trend for Marketingforce Management'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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Marketingforce Management Interest Coverage Chart

Marketingforce Management Annual Data
Trend Dec21 Dec22 Dec23
Interest Coverage
- - 0.82

Marketingforce Management Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Interest Coverage N/A N/A - 1.58 -

Competitive Comparison of Marketingforce Management's Interest Coverage

For the Software - Application subindustry, Marketingforce Management'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.


Marketingforce Management's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Marketingforce Management's Interest Coverage distribution charts can be found below:

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



Marketingforce Management 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.

Marketingforce Management's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Marketingforce Management's Interest Expense was HK$-39 Mil. Its Operating Income was HK$32 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$98 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*31.788/-38.544
=0.82

Marketingforce Management's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, Marketingforce Management's Interest Expense was HK$-20 Mil. Its Operating Income was HK$-6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$60 Mil.

Marketingforce Management 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.


Marketingforce Management  (HKSE:02556) 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 .


Marketingforce Management Interest Coverage Related Terms

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


Marketingforce Management Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Lane 1401, Jiangchang Road, Trueland Center, Building 8, Shanghai Big Data Industrial Park, Jingan District, Shanghai, CHN
Marketingforce Management Ltd it is engaged in marketing and sales SaaS solution provider in China. It deliver marketing and sales SaaS solutions through Marketing force platform to enterprises. The company offers cloud-based SaaS products to enterprises to enable effective and efficient marketing and sales management and also offer two signature SaaS products, T Cloud and True Client, which combines a series of functional modules respectively to address the pain points faced by enterprises in marketing and sales activities. The group is engaged in two segments SaaS business and Precision marketing. Key revenue is generated from SaaS business.
Executives
Zhao Xulong 2307 Founder of a discretionary trust who can infl
Zhu Shuina 2201 Interest of corporation controlled by you
Zhao Fangqi 2201 Interest of corporation controlled by you
Xu Jiankang 2201 Interest of corporation controlled by you
Willam Zhao Limited 2305 Beneficiary of a trust
Shuina Zhu Limited 2305 Beneficiary of a trust
Fangqi Zhao Limited 2305 Beneficiary of a trust
Zhu Zhengguo 2201 Interest of corporation controlled by you
Nb Digital Evergreen Investment Limited Partnership 2101 Beneficial owner
Shanghai Hongyu Limited 2305 Beneficiary of a trust
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