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Tailam Tech Construction Holdings (HKSE:06193) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Tailam Tech Construction 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. Tailam Tech Construction Holdings's Operating Income for the six months ended in Dec. 2024 was HK$-7.3 Mil. Tailam Tech Construction Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-0.0 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 Tailam Tech Construction Holdings's Interest Coverage or its related term are showing as below:


HKSE:06193's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 6.2
* 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.


Tailam Tech Construction Holdings Interest Coverage Historical Data

The historical data trend for Tailam Tech Construction 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.

Tailam Tech Construction Holdings Interest Coverage Chart

Tailam Tech Construction Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 35.88 9.37 3.39 - -

Tailam Tech Construction Holdings 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 6.42 - - - -

Competitive Comparison of Tailam Tech Construction Holdings's Interest Coverage

For the Building Materials subindustry, Tailam Tech Construction 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.


Tailam Tech Construction Holdings's Interest Coverage Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tailam Tech Construction Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tailam Tech Construction Holdings's Interest Coverage falls into.


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Tailam Tech Construction 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.

Tailam Tech Construction 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, Tailam Tech Construction Holdings's Interest Expense was HK$-0.1 Mil. Its Operating Income was HK$-16.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Tailam Tech Construction Holdings did not have earnings to cover the interest expense.

Tailam Tech Construction Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Tailam Tech Construction Holdings's Interest Expense was HK$-0.0 Mil. Its Operating Income was HK$-7.3 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Tailam Tech Construction 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.


Tailam Tech Construction Holdings  (HKSE:06193) 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 .


Tailam Tech Construction Holdings Interest Coverage Related Terms

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Tailam Tech Construction Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Tailam Road, Wangbao Town, Nantong, Jiangsu Province, Qidong, CHN
Tailam Tech Construction Holdings Ltd is engaged in the manufacturing and sale of pre-stressed high-strength concrete piles and commercial concrete in the People's Republic of China. It sells its products to property developers and construction companies. Geographically, it derives revenue from the People's Republic of China. It derives revenue form Sales of PHC piles, Sales of commercial concrete, and Sales of ceramsite concrete block.
Executives
Glorycore Investment Holdings Limited
Wong Leung Yau 2201 Interest of corporation controlled by you
Apax Investment Holdings Limited 2101 Beneficial owner
Ma Wai Kwok 2202 Interest of your spouse
Wong Han Yu Alice 2201 Interest of corporation controlled by you
Ruan Yu Hang 2202 Interest of your spouse
Wang Chao Hong 2201 Interest of corporation controlled by you

Tailam Tech Construction Holdings Headlines

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