GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Peiport Holdings Ltd (HKSE:02885) » Definitions » Interest Coverage

Peiport Holdings (HKSE:02885) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Peiport 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. Peiport Holdings's Operating Income for the six months ended in Dec. 2024 was HK$-6.2 Mil. Peiport Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-0.3 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 Peiport Holdings's Interest Coverage or its related term are showing as below:

HKSE:02885' s Interest Coverage Range Over the Past 10 Years
Min: 6.13   Med: 69.46   Max: No Debt
Current: 6.13


HKSE:02885's Interest Coverage is ranked worse than
65.44% of 790 companies
in the Business Services industry
Industry Median: 12.93 vs HKSE:02885: 6.13

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


Peiport Holdings Interest Coverage Historical Data

The historical data trend for Peiport 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.

Peiport Holdings Interest Coverage Chart

Peiport Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.77 44.78 17.75 17.09 6.13

Peiport Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only - 31.38 0.43 33.76 -

Competitive Comparison of Peiport Holdings's Interest Coverage

For the Security & Protection Services subindustry, Peiport 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.


Peiport Holdings's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Peiport Holdings's Interest Coverage distribution charts can be found below:

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


;
;

Peiport 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.

Peiport 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, Peiport Holdings's Interest Expense was HK$-0.6 Mil. Its Operating Income was HK$4.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$6.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*3.955/-0.645
=6.13

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

Here, for the six months ended in Dec. 2024, Peiport Holdings's Interest Expense was HK$-0.3 Mil. Its Operating Income was HK$-6.2 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$6.0 Mil.

Peiport 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.


Peiport Holdings  (HKSE:02885) 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 .


Peiport Holdings Interest Coverage Related Terms

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


Peiport Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 29 Leighton Road, Suite 602, Chinachem Leighton Plaza, 6 Floor, Causeway Bay, Hong Kong, HKG
Peiport Holdings Ltd is engaged in the provision of thermal imaging products and services, self-stabilized imaging products and services, and general aviation products and services. The company's segments include thermal imaging products and services, self-stabilised imaging products and services, and general aviation products and services. It generates the majority of its revenue from General aviation products and services. Its products are Gimbal System, Rotax Engine, Thermal Integration Systems, Infrared Camera, UltraViolet Camera, and Optoelectronics. It operates in Mainland China, Hong Kong Macau, and Overseas, with the majority of the revenue deriving from Mainland China.
Executives
Peiport Alpha Ltd.
Wong Kwan Lik
Yeung Lun Ching

Peiport Holdings Headlines

No Headlines