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Beijing Gas Blue Sky Holdings (HKSE:06828) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Beijing Gas Blue Sky 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. Beijing Gas Blue Sky Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-33 Mil. Beijing Gas Blue Sky Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-116 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 Beijing Gas Blue Sky Holdings's Interest Coverage or its related term are showing as below:


HKSE:06828's Interest Coverage is not ranked *
in the Utilities - Regulated industry.
Industry Median: 3.84
* 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.


Beijing Gas Blue Sky Holdings Interest Coverage Historical Data

The historical data trend for Beijing Gas Blue Sky 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.

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Beijing Gas Blue Sky Holdings Interest Coverage Chart

Beijing Gas Blue Sky Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Beijing Gas Blue Sky Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Beijing Gas Blue Sky Holdings's Interest Coverage

For the Utilities - Regulated Gas subindustry, Beijing Gas Blue Sky 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.


Beijing Gas Blue Sky Holdings's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Gas Blue Sky Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Beijing Gas Blue Sky Holdings's Interest Coverage falls into.



Beijing Gas Blue Sky 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.

Beijing Gas Blue Sky Holdings's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Beijing Gas Blue Sky Holdings's Interest Expense was HK$-193 Mil. Its Operating Income was HK$-60 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1,077 Mil.

Beijing Gas Blue Sky Holdings did not have earnings to cover the interest expense.

Beijing Gas Blue Sky Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Beijing Gas Blue Sky Holdings's Interest Expense was HK$-116 Mil. Its Operating Income was HK$-33 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1,077 Mil.

Beijing Gas Blue Sky 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.


Beijing Gas Blue Sky Holdings  (HKSE:06828) 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 .


Beijing Gas Blue Sky Holdings Interest Coverage Related Terms

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Beijing Gas Blue Sky Holdings (HKSE:06828) Business Description

Traded in Other Exchanges
Address
200 Connaught Road, Room 3402-4, 34th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG
Beijing Gas Blue Sky Holdings Ltd is an investment holding company engaged in the sales of natural gas and other related products. It operates in the segments of Natural gas refueling stations, Trading, and distribution of natural gas, Direct supply to industrial users, and City GasCity gas operation segment. The group's operations are located in Mainland China.
Executives
Beijing Enterprises Group (bvi) Company Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Group Company Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited 2201 Interest of corporation controlled by you
Cheng Ming Kit 2101 Beneficial owner
Lee Tsz Hang 2101 Beneficial owner
Quantum Asia Asset Management Limited 2102 Investment manager
Quantum China Asset Management Limited

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