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Yun Lee Marine Group Holdings (HKSE:02682) Interest Coverage : 43.23 (As of Sep. 2024)


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What is Yun Lee Marine Group 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. Yun Lee Marine Group Holdings's Operating Income for the six months ended in Sep. 2024 was HK$18.2 Mil. Yun Lee Marine Group Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$-0.4 Mil. Yun Lee Marine Group Holdings's interest coverage for the quarter that ended in Sep. 2024 was 43.23. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:02682' s Interest Coverage Range Over the Past 10 Years
Min: 25.48   Med: 459.71   Max: 1951.14
Current: 31.47


HKSE:02682's Interest Coverage is ranked better than
82.48% of 839 companies
in the Transportation industry
Industry Median: 5.98 vs HKSE:02682: 31.47

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


Yun Lee Marine Group Holdings Interest Coverage Historical Data

The historical data trend for Yun Lee Marine Group 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.

Yun Lee Marine Group Holdings Interest Coverage Chart

Yun Lee Marine Group Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 74.91 459.71 465.88 748.40 25.48

Yun Lee Marine Group Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 522.62 1,877.30 31.52 17.01 43.23

Competitive Comparison of Yun Lee Marine Group Holdings's Interest Coverage

For the Marine Shipping subindustry, Yun Lee Marine Group 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.


Yun Lee Marine Group Holdings's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yun Lee Marine Group Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Yun Lee Marine Group Holdings's Interest Coverage falls into.


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Yun Lee Marine Group 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.

Yun Lee Marine Group Holdings's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Yun Lee Marine Group Holdings's Interest Expense was HK$-0.8 Mil. Its Operating Income was HK$21.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$6.7 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*20.997/-0.824
=25.48

Yun Lee Marine Group Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, Yun Lee Marine Group Holdings's Interest Expense was HK$-0.4 Mil. Its Operating Income was HK$18.2 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$4.1 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*18.242/-0.422
=43.23

* 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.


Yun Lee Marine Group Holdings  (HKSE:02682) 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 .


Yun Lee Marine Group Holdings Interest Coverage Related Terms

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


Yun Lee Marine Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
10 Cheung Yue Street, Flat D, 31st Floor, Billion Plaza II, Kowloon, Cheung Sha Wan, Hong Kong, HKG
Yun Lee Marine Group Holdings Ltd is a maritime services provider. The company's operating segment includes Vessel chartering and related services, Marine construction services and Ship management services. It generates maximum revenue from the Vessel chartering and related services segment. Vessel chartering and related services segment provide vessel chartering services mainly to contractors for construction projects in Hong Kong, including time chartering representing the hiring of vessel and crew for a specific period of time and voyage chartering representing the hiring of vessel and crew for a specific voyage between two designated locations. The Company provides ship management services for the provision of crew members for daily operation and the repair and maintenance services.
Executives
Chan Sau Ling Amy 2202 Interest of your spouse
Kitling Investments (bvi) Limited 2101 Beneficial owner
Wen Tsz Kit Bondy 2201 Interest of corporation controlled by you
Novel Choice Ventures Limited 2101 Beneficial owner
Tang Yiu Chi James 2201 Interest of corporation controlled by you

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