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EEKA Fashion Holdings (HKSE:03709) Interest Coverage : 8.94 (As of Dec. 2024)


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What is EEKA Fashion 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. EEKA Fashion Holdings's Operating Income for the six months ended in Dec. 2024 was HK$268 Mil. EEKA Fashion Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-30 Mil. EEKA Fashion Holdings's interest coverage for the quarter that ended in Dec. 2024 was 8.94. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:03709' s Interest Coverage Range Over the Past 10 Years
Min: 8.78   Med: 18.71   Max: 224.65
Current: 9.71


HKSE:03709's Interest Coverage is ranked better than
55.18% of 801 companies
in the Retail - Cyclical industry
Industry Median: 7.76 vs HKSE:03709: 9.71

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


EEKA Fashion Holdings Interest Coverage Historical Data

The historical data trend for EEKA Fashion 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.

EEKA Fashion Holdings Interest Coverage Chart

EEKA Fashion 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 10.89 17.93 8.78 18.53 9.70

EEKA Fashion 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 6.17 20.34 16.86 10.48 8.94

Competitive Comparison of EEKA Fashion Holdings's Interest Coverage

For the Apparel Retail subindustry, EEKA Fashion 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.


EEKA Fashion Holdings's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, EEKA Fashion Holdings's Interest Coverage distribution charts can be found below:

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


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EEKA Fashion 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.

EEKA Fashion 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, EEKA Fashion Holdings's Interest Expense was HK$-59 Mil. Its Operating Income was HK$575 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$358 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*575.009/-59.261
=9.70

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

Here, for the six months ended in Dec. 2024, EEKA Fashion Holdings's Interest Expense was HK$-30 Mil. Its Operating Income was HK$268 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$358 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*267.661/-29.933
=8.94

* 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.


EEKA Fashion Holdings  (HKSE:03709) 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 .


EEKA Fashion Holdings Interest Coverage Related Terms

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


EEKA Fashion Holdings Business Description

Traded in Other Exchanges
N/A
Address
Terra 4th Road, 26th Floor, B Block, Terra Licheng Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040
EEKA Fashion Holdings Ltd is a Chinese company that manufactures and sells women's clothing. It have three high-end brands, namely Koradior, La Koradior, and Koradior Elsewhere, which cater to women aged between 30 and 45. Company offer products such as dresses, skirts, trousers, shirts, knitwear, vests, jackets, overcoats, scarves, and accessories. The company's primary activities include designing, retailing, and wholesaling women's wear in China. It mainly sell products directly to customers through their retail stores but also have a presence on third-party e-commerce platforms and distributor-operated retail stores. The company generates nearly all of its revenue from sales in China.
Executives
Bos Trustee Limited 2201 Interest of corporation controlled by you
Mayberry Marketing Limited 2201 Interest of corporation controlled by you
Jin Ming 2307 Founder of a discretionary trust who can infl
Koradior Investments Limited 2101 Beneficial owner
Ca Indosuez (switzerland) Sa, Hong Kong Branch 2303 Depositary
Jin Ming 2307 Founder of a discretionary trust who can infl
Apex Noble Holdings Limited 2101 Beneficial owner
Heritage Holdings Ltd 2201 Interest of corporation controlled by you
Jin Rui 2307 Founder of a discretionary trust who can infl
Bos Trustee Limited As Trustee 2201 Interest of corporation controlled by you

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