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Synagistics (HKSE:02562) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Synagistics 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. Synagistics's Operating Income for the six months ended in Dec. 2024 was HK$-585.8 Mil. Synagistics's Interest Expense for the six months ended in Dec. 2024 was HK$-9.9 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 Synagistics's Interest Coverage or its related term are showing as below:


HKSE:02562's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.06
* 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.


Synagistics Interest Coverage Historical Data

The historical data trend for Synagistics'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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Synagistics Interest Coverage Chart

Synagistics Annual Data
Trend Dec22 Dec23 Dec24
Interest Coverage
N/A - -

Synagistics Semi-Annual Data
Dec22 Dec23 Dec24
Interest Coverage N/A - -

Competitive Comparison of Synagistics's Interest Coverage

For the Software - Infrastructure subindustry, Synagistics'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.


Synagistics's Interest Coverage Distribution in the Software Industry

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

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


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Synagistics 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.

Synagistics'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, Synagistics's Interest Expense was HK$-9.9 Mil. Its Operating Income was HK$-585.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2.6 Mil.

Synagistics did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2024, Synagistics's Interest Expense was HK$-9.9 Mil. Its Operating Income was HK$-585.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2.6 Mil.

Synagistics 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.


Synagistics  (HKSE:02562) 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 .


Synagistics Interest Coverage Related Terms

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


Synagistics Business Description

Traded in Other Exchanges
N/A
Address
38 Jalan Pemimpin, No. 05-07, M38, Singapore, SGP, 577178
Synagistics Ltd is the Data-Driven Digital Solutions Platform in Southeast Asia. It provides integrated digital solutions to its brand partners, where under its direct-to-brands (D2B) business model, it provides data-driven digital solutions to the brands covering all aspects of e-commerce, and under its direct-to-consumers (D2C) business model, it sells the brands' products to consumers directly.
Executives
Lee Shieh-peen Clement 2201 Interest of corporation controlled by you
Gobi Ventures Asean 2201 Interest of corporation controlled by you
Extra Shine Limited 2101 Beneficial owner
Tai Ho Yan 2201 Interest of corporation controlled by you
Metadrome Ltd. 2101 Beneficial owner
Wang Chuan-chung 2201 Interest of corporation controlled by you
Taklamakan Holdings Inc. 2201 Interest of corporation controlled by you
Meranti Asean Growth Fund L.p. 2101 Beneficial owner
Chan Tak Lam Norman 2201 Interest of corporation controlled by you
Alibaba Investment Limited 2201 Interest of corporation controlled by you
Alibaba.com Limited 2201 Interest of corporation controlled by you
Alibaba.com Investment Holding Limited 2201 Interest of corporation controlled by you
Alibaba.com International (cayman) Holding Limited 2201 Interest of corporation controlled by you
Alibaba.com Holding Limited 2201 Interest of corporation controlled by you
Alibaba Singapore Holding Private Limited 2101 Beneficial owner

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