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Flowing Cloud Technology (HKSE:06610) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Flowing Cloud Technology 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. Flowing Cloud Technology's Operating Income for the six months ended in Dec. 2024 was HK$-105 Mil. Flowing Cloud Technology's Interest Expense for the six months ended in Dec. 2024 was HK$-4 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 Flowing Cloud Technology's Interest Coverage or its related term are showing as below:


HKSE:06610's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 27.9
* 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.


Flowing Cloud Technology Interest Coverage Historical Data

The historical data trend for Flowing Cloud Technology'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.

Flowing Cloud Technology Interest Coverage Chart

Flowing Cloud Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 38.60 51.22 86.65 62.27 -

Flowing Cloud Technology Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only 86.72 68.27 57.64 29.03 -

Competitive Comparison of Flowing Cloud Technology's Interest Coverage

For the Software - Application subindustry, Flowing Cloud Technology'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.


Flowing Cloud Technology's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Flowing Cloud Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Flowing Cloud Technology's Interest Coverage falls into.


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Flowing Cloud Technology 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.

Flowing Cloud Technology'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, Flowing Cloud Technology's Interest Expense was HK$-7 Mil. Its Operating Income was HK$-25 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0 Mil.

Flowing Cloud Technology did not have earnings to cover the interest expense.

Flowing Cloud Technology's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Flowing Cloud Technology's Interest Expense was HK$-4 Mil. Its Operating Income was HK$-105 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0 Mil.

Flowing Cloud Technology 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.


Flowing Cloud Technology  (HKSE:06610) 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 .


Flowing Cloud Technology Interest Coverage Related Terms

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


Flowing Cloud Technology Business Description

Traded in Other Exchanges
N/A
Address
Guangqulu No. 3, Shop 8, Jingyuan Art Center, Chaoyang District, Beijing, CHN
Flowing Cloud Technology Ltd is a supplier of the Metaverse scene application tier in China. It is a leading smart marketing technology service provider in China. It uses AR/VR engine, AI behavior algorithm, cloud computing and other technical capabilities to empower the business development of enterprises in various vertical industries such as e-commerce, education, and cultural tourism.
Executives
Brainstorming Cafe Limited 2101 Beneficial owner
Cyber Warrior Holdings Limited 2201 Interest of corporation controlled by you
Lyh. Ltd. 2201 Interest of corporation controlled by you
Vistra Trust (singapore) Pte. Limited 2301 Trustee
Wanglei Co., Ltd. 2201 Interest of corporation controlled by you
Wang Lei 2201 Interest of corporation controlled by you
Feng Da Sha 2202 Interest of your spouse
Zhang Zi Mo 2202 Interest of your spouse
Li Yan Hao 2201 Interest of corporation controlled by you
Bei Jing Tong Chuang Zhi Ming Ke Ji He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Shan Dong Tong Chuang Xin Xing Zhi Lian Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you

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