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Twintek Investment Holdings (HKSE:06182) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Twintek Investment 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. Twintek Investment Holdings's Operating Income for the six months ended in Sep. 2024 was HK$-1.8 Mil. Twintek Investment Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$-2.2 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 Twintek Investment Holdings's Interest Coverage or its related term are showing as below:


HKSE:06182's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.22
* 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.


Twintek Investment Holdings Interest Coverage Historical Data

The historical data trend for Twintek Investment 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.

Twintek Investment Holdings Interest Coverage Chart

Twintek Investment Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 6.66 9.32 - -

Twintek Investment Holdings Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - - -

Competitive Comparison of Twintek Investment Holdings's Interest Coverage

For the Engineering & Construction subindustry, Twintek Investment 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.


Twintek Investment Holdings's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Twintek Investment Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Twintek Investment Holdings's Interest Coverage falls into.


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Twintek Investment 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.

Twintek Investment Holdings's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Twintek Investment Holdings's Interest Expense was HK$-5.2 Mil. Its Operating Income was HK$-32.6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.1 Mil.

Twintek Investment Holdings did not have earnings to cover the interest expense.

Twintek Investment Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, Twintek Investment Holdings's Interest Expense was HK$-2.2 Mil. Its Operating Income was HK$-1.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.6 Mil.

Twintek Investment 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.


Twintek Investment Holdings  (HKSE:06182) 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 .


Twintek Investment Holdings Interest Coverage Related Terms

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


Twintek Investment Holdings Business Description

Traded in Other Exchanges
N/A
Address
1065 King's Road, Quarry Bay, Room 806, 8th Floor, Eastern Centre, Hong Kong, HKG
Twintek Investment Holdings Ltd is a building materials contractor. The company offers building materials and relevant installation services mainly in Hong Kong. Its products include timber flooring products; interior wall-fill materials, in particular, gypsum block, plasterboard and drywall partition products, interior composite panel lining, in particular, SPC wall panels, demountable partition system, and roof tiles. The Group's revenue was generated from two segments of Construction contracts including the provision of construction and engineering services, Sales of building materials including trading of building materials. A majority of revenue is generated from the Construction contract segment. The group's operations are located in Hong Kong.
Executives
Helios Enterprise Holding Limited 2101 Beneficial owner
Fung Pik Mei 2202 Interest of your spouse
Lo Wing Cheung 2201 Interest of corporation controlled by you

Twintek Investment Holdings Headlines

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