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Win Hanverky Holdings (HKSE:03322) Interest Coverage : 2.25 (As of Dec. 2024)


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What is Win Hanverky 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. Win Hanverky Holdings's Operating Income for the six months ended in Dec. 2024 was HK$51 Mil. Win Hanverky Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-23 Mil. Win Hanverky Holdings's interest coverage for the quarter that ended in Dec. 2024 was 2.25. The higher the ratio, the stronger the company's financial strength is.

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


HKSE:03322's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.015
* 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.


Win Hanverky Holdings Interest Coverage Historical Data

The historical data trend for Win Hanverky 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.

Win Hanverky Holdings Interest Coverage Chart

Win Hanverky 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 - - 0.84 - -

Win Hanverky Holdings Semi-Annual Data
Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only 0.79 - - - 2.25

Competitive Comparison of Win Hanverky Holdings's Interest Coverage

For the Apparel Manufacturing subindustry, Win Hanverky 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.


Win Hanverky Holdings's Interest Coverage Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Win Hanverky Holdings's Interest Coverage distribution charts can be found below:

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


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Win Hanverky 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.

Win Hanverky 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, Win Hanverky Holdings's Interest Expense was HK$-46 Mil. Its Operating Income was HK$-13 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$130 Mil.

Win Hanverky Holdings did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2024, Win Hanverky Holdings's Interest Expense was HK$-23 Mil. Its Operating Income was HK$51 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$130 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*50.987/-22.638
=2.25

* 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.


Win Hanverky Holdings  (HKSE:03322) 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 .


Win Hanverky Holdings Interest Coverage Related Terms

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


Win Hanverky Holdings Business Description

Traded in Other Exchanges
N/A
Address
481-483 Castle Peak Road, 6th Floor, Phase 6, Hong Kong Spinners Industrial Building, Kowloon, Hong Kong, HKG
Win Hanverky Holdings Ltd is principally engaged in the manufacturing, retailing, and sales of internationally renowned sports, fashion, and outdoor brands. The company operates in the segments of Manufacturing and High-end Fashion Retailing. A majority of revenue is derived from the Manufacturing segment, which involves the manufacturing and sales of sportswear and high-end functional outerwear of both under OEM arrangements to customers mainly in Europe, the United States, Mainland China, and other countries. The group has a business presence in Mainland China, Europe, the United States, Hong Kong, Other Asian countries, Canada, and others.
Executives
Jpmorgan Chase & Co. 2106 Person having a security interest in shares

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