Guangdong Kanghua Healthcare Group Co (HKSE:03689) Interest Coverage : 0 (At Loss) (As of Dec. 2024)

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What is Guangdong Kanghua Healthcare Group Co 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. Guangdong Kanghua Healthcare Group Co's Operating Income for the six months ended in Dec. 2024 was HK$42 Mil. Guangdong Kanghua Healthcare Group Co's Interest Expense for the six months ended in Dec. 2024 was HK$5 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 Guangdong Kanghua Healthcare Group Co's Interest Coverage or its related term are showing as below:

HKSE:03689' s Interest Coverage Range Over the Past 10 Years
Min: 1.9 Med: 8.08 Max: No Debt
Current: 3.8

HKSE:03689's Interest Coverage is ranked worse than
68.78% of 426 companies
in the Healthcare Providers & Services industry
Industry Median: 8.315 vs HKSE:03689: 3.80

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

Guangdong Kanghua Healthcare Group Co Interest Coverage Historical Data

The historical data trend for Guangdong Kanghua Healthcare Group Co'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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Guangdong Kanghua Healthcare Group Co Interest Coverage Chart

Guangdong Kanghua Healthcare Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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1.90

7.00

2.58

12.91

3.84

Guangdong Kanghua Healthcare Group Co Semi-Annual Data
	Dec14	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															9.98	7.23	24.76	0.37	-

Competitive Comparison of Guangdong Kanghua Healthcare Group Co's Interest Coverage

For the Medical Care Facilities subindustry, Guangdong Kanghua Healthcare Group Co'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.

Guangdong Kanghua Healthcare Group Co's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Guangdong Kanghua Healthcare Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Guangdong Kanghua Healthcare Group Co's Interest Coverage falls into.

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Guangdong Kanghua Healthcare Group Co 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.

Guangdong Kanghua Healthcare Group Co'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, Guangdong Kanghua Healthcare Group Co's Interest Expense was HK$-13 Mil. Its Operating Income was HK$49 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$273 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	49.018	/	-12.755
	=	3.84

Guangdong Kanghua Healthcare Group Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Guangdong Kanghua Healthcare Group Co's Interest Expense was HK$5 Mil. Its Operating Income was HK$42 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$273 Mil.

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

Guangdong Kanghua Healthcare Group Co (HKSE:03689) 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 .

Guangdong Kanghua Healthcare Group Co Interest Coverage Related Terms

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

Guangdong Kanghua Healthcare Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Guangdong Kanghua Healthcare Group Co Ltd (HKSE:03689) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

1000 Dongguan Avenue, Guangdong Province, Dongguan, CHN

Website

http://www.kanghuagp.com

Guangdong Kanghua Healthcare Group Co Ltd provides healthcare services. The reportable segments are as follows, The Hospital services segment includes the provision of hospital services including inpatient healthcare services, outpatient healthcare services, and physical examination services; Rehabilitation and other healthcare services including the provision of rehabilitation services; Elderly healthcare services include the provision of elderly healthcare services, including assisted living, adult daycare, longterm care, residential care and hospice care to the aged patients. It generates all of its revenue from the PRC.

Executives

Wang Chi Yeung	2101 Beneficial owner
Mialkos Tomasz Jakub	2101 Beneficial owner
Chen Zhaoming	2101 Beneficial owner
New China Asset Management (hong Kong) Limited	2102 Investment manager
New China Life Insurance Company Ltd.	2101 Beneficial owner
New China Asset Management Company Limited	2201 Interest of corporation controlled by you
Xin Hua Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhan Yong Xiang	2101 Beneficial owner
Lin Lijun	2201 Interest of corporation controlled by you
Lvc Assets Management Limited	2201 Interest of corporation controlled by you
Lvc Kh Investment L.p.	2101 Beneficial owner
Haitian (hk) Holdings Limited	2101 Beneficial owner

Guangdong Kanghua Healthcare Group Co Headlines

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