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Poly Property Services Co (HKSE:06049) Interest Coverage : 334.23 (As of Dec. 2024)


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What is Poly Property Services 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. Poly Property Services Co's Operating Income for the six months ended in Dec. 2024 was HK$795 Mil. Poly Property Services Co's Interest Expense for the six months ended in Dec. 2024 was HK$-2 Mil. Poly Property Services Co's interest coverage for the quarter that ended in Dec. 2024 was 334.23. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Poly Property Services Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Poly Property Services Co's Interest Coverage or its related term are showing as below:

HKSE:06049' s Interest Coverage Range Over the Past 10 Years
Min: 102.31   Med: 415.99   Max: 744.88
Current: 416.34


HKSE:06049's Interest Coverage is ranked better than
91.15% of 1311 companies
in the Real Estate industry
Industry Median: 3.97 vs HKSE:06049: 416.34

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


Poly Property Services Co Interest Coverage Historical Data

The historical data trend for Poly Property Services 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.

* Premium members only.

Poly Property Services Co Interest Coverage Chart

Poly Property Services Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 166.39 102.31 315.30 379.12 415.99

Poly Property Services Co Semi-Annual Data
Dec16 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 274.88 432.16 324.70 496.07 334.23

Competitive Comparison of Poly Property Services Co's Interest Coverage

For the Real Estate Services subindustry, Poly Property Services 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.


Poly Property Services Co's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Poly Property Services Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Poly Property Services Co's Interest Coverage falls into.


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Poly Property Services 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.

Poly Property Services 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, Poly Property Services Co's Interest Expense was HK$-5 Mil. Its Operating Income was HK$2,000 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$67 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*2000.495/-4.809
=415.99

Poly Property Services Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Poly Property Services Co's Interest Expense was HK$-2 Mil. Its Operating Income was HK$795 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$67 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*795.137/-2.379
=334.23

* 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.


Poly Property Services Co  (HKSE:06049) 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 .


Poly Property Services Co Interest Coverage Related Terms

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


Poly Property Services Co Business Description

Traded in Other Exchanges
N/A
Address
No. 832 Yue Jiang Zhong Road, 48-49th Floor, Poly Plaza, Hai Zhu District, Guangdong Province, Guangzhou, CHN
Poly Property Services Co Ltd is engaged in provision of property management services, community value-added services, and value-added services to non-property owners. The Company's property management services are engaged in providing property management services to property owners, residents, and property developers, including security, cleaning, greening, gardening, and repair and maintenance. Value-added services to non-property owners engaged in the provision of services to non-property owners, including pre-delivery and other services, Community value-added services include community living services, such as purchase assistance, turnkey furnishing and move-in services, housekeeping and other bespoken services, parking lot management services, and common area value-added services.
Executives
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Xi Zang He Tai Qi Ye Guan Li You Xian Gong Si 2101 Beneficial owner
Guang Zhou Bao Li He Tai Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Bao Li Fa Zhan Kong Gu Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Bao Li Nan Fang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bao Li Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Fidelity Funds 2101 Beneficial owner
Hsbc Global Asset Management (hong Kong) Limited 2102 Investment manager
Xing Zheng Quan Qiu Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
Citigroup Inc. 2201 Interest of corporation controlled by you

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