Overseas Chinese Town (Asia) Holdings (HKSE:03366) Interest Coverage : 0 (At Loss) (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Overseas Chinese Town (Asia) 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. Overseas Chinese Town (Asia) Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-99 Mil. Overseas Chinese Town (Asia) Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-307 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 Overseas Chinese Town (Asia) Holdings's Interest Coverage or its related term are showing as below:

HKSE:03366's Interest Coverage is not ranked ^*
in the Real Estate industry.
Industry Median: 3.97
* 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.

Overseas Chinese Town (Asia) Holdings Interest Coverage Historical Data

The historical data trend for Overseas Chinese Town (Asia) 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.

Overseas Chinese Town (Asia) Holdings Interest Coverage Chart

Overseas Chinese Town (Asia) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

0.97

Overseas Chinese Town (Asia) Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial															0.51	-	1.24	-	-

Competitive Comparison of Overseas Chinese Town (Asia) Holdings's Interest Coverage

For the Real Estate - Development subindustry, Overseas Chinese Town (Asia) 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.

Overseas Chinese Town (Asia) Holdings's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Overseas Chinese Town (Asia) Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Overseas Chinese Town (Asia) Holdings's Interest Coverage falls into.

Overseas Chinese Town (Asia) 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.

Overseas Chinese Town (Asia) Holdings'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, Overseas Chinese Town (Asia) Holdings's Interest Expense was HK$-388 Mil. Its Operating Income was HK$-154 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$8,254 Mil.

Overseas Chinese Town (Asia) Holdings did not have earnings to cover the interest expense.

Overseas Chinese Town (Asia) Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Overseas Chinese Town (Asia) Holdings's Interest Expense was HK$-307 Mil. Its Operating Income was HK$-99 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$8,254 Mil.

Overseas Chinese Town (Asia) Holdings did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Overseas Chinese Town (Asia) Holdings (HKSE:03366) 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 .

Overseas Chinese Town (Asia) Holdings Interest Coverage Related Terms

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

Overseas Chinese Town (Asia) Holdings (HKSE:03366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Overseas Chinese Town (Asia) Holdings Ltd (HKSE:03366) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

1 Garden Road, 59th Floor, Bank of China Tower, Hong Kong, HKG

Website

https://www.oct-asia.com

Overseas Chinese Town (Asia) Holdings Ltd is an investment holding company. It operates its business through three segments. The Comprehensive Development Business segment which drives the majority of revenue is engaged in the development and operation of the tourism theme park, the development, and sales of residential properties, and the development and management of properties; Equity investment and fund business segment engage in the investment in new urbanization industrial ecospheres, such as domestic and overseas direct investments, industrial funds, and education. The Finance lease business segment engages in the finance lease business. It generates the majority of its revenue from Mainland China.

Executives

Pacific Climax Limited	2101 Beneficial owner
Shen Zhen Hua Qiao Cheng Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Qiao Cheng Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Hua Qiao Cheng You Xian Gong Si	2201 Interest of corporation controlled by you

Overseas Chinese Town (Asia) Holdings (HKSE:03366) Headlines

No Headlines