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Telecom Service One Holdings (HKSE:03997) Interest Coverage : 0 (At Loss) (As of Sep. 2023)


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What is Telecom Service One 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. Telecom Service One Holdings's Operating Income for the six months ended in Sep. 2023 was HK$-1.65 Mil. Telecom Service One Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-0.05 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 Telecom Service One Holdings's Interest Coverage or its related term are showing as below:


HKSE:03997's Interest Coverage is not ranked *
in the Personal Services industry.
Industry Median: 10.74
* 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.


Telecom Service One Holdings Interest Coverage Historical Data

The historical data trend for Telecom Service One 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.

Telecom Service One Holdings Interest Coverage Chart

Telecom Service One Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 118.00 99.71 - -

Telecom Service One Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Competitive Comparison of Telecom Service One Holdings's Interest Coverage

For the Personal Services subindustry, Telecom Service One 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.


Telecom Service One Holdings's Interest Coverage Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Telecom Service One Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Telecom Service One Holdings's Interest Coverage falls into.



Telecom Service One 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.

Telecom Service One Holdings's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Telecom Service One Holdings's Interest Expense was HK$-0.03 Mil. Its Operating Income was HK$-4.70 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Telecom Service One Holdings did not have earnings to cover the interest expense.

Telecom Service One Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Telecom Service One Holdings's Interest Expense was HK$-0.05 Mil. Its Operating Income was HK$-1.65 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3.16 Mil.

Telecom Service One 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.


Telecom Service One Holdings  (HKSE:03997) 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 .


Telecom Service One Holdings Interest Coverage Related Terms

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Telecom Service One Holdings (HKSE:03997) Business Description

Traded in Other Exchanges
N/A
Address
59 Tai Yip Street, Unit C, 3/F, Sunshine Kowloon Bay Cargo Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
Telecom Service One Holdings Ltd is an investment holding company. The company is engaged in the provision of repair and refurbishment services for mobile phones and other personal electronic products as well as the sales of related accessories and provision of supportive services. Geographically, it derives all of its revenue from Hong Kong and also has a presence in PRC and Macau. Repairing service generates maximum revenue for the company.
Executives
Cheung King Shan 2101 Beneficial owner
Tang Fung Yin Anita 2202 Interest of your spouse
Cheung King Fung Sunny 2101 Beneficial owner
Yeung Ho Ki 2202 Interest of your spouse
Cheung King Shek 2101 Beneficial owner
Cheung King Chuen Bobby 2101 Beneficial owner

Telecom Service One Holdings (HKSE:03997) Headlines

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