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Great World Co Holdings (HKSE:08003) Interest Coverage : N/A (As of Sep. 2024)


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What is Great World Co 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. Great World Co Holdings's Operating Income for the three months ended in Sep. 2024 was HK$0.00 Mil. Great World Co Holdings's Interest Expense for the three months ended in Sep. 2024 was HK$0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Great World Co Holdings's Interest Coverage or its related term are showing as below:

HKSE:08003' s Interest Coverage Range Over the Past 10 Years
Min: 0.63   Med: 7.96   Max: 7.96
Current: 0.63


HKSE:08003's Interest Coverage is ranked worse than
94.27% of 628 companies
in the Media - Diversified industry
Industry Median: 10.51 vs HKSE:08003: 0.63

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


Great World Co Holdings Interest Coverage Historical Data

The historical data trend for Great World Co 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.

Great World Co Holdings Interest Coverage Chart

Great World Co 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 - - - - 7.96

Great World Co Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only - 2.01 30.24 6.15 N/A

Competitive Comparison of Great World Co Holdings's Interest Coverage

For the Advertising Agencies subindustry, Great World Co 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.


Great World Co Holdings's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Great World Co Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Great World Co Holdings's Interest Coverage falls into.


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Great World Co 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.

Great World Co 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, Great World Co Holdings's Interest Expense was HK$-0.30 Mil. Its Operating Income was HK$2.36 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.75 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*2.363/-0.297
=7.96

Great World Co Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Great World Co Holdings's Interest Expense was HK$0.00 Mil. Its Operating Income was HK$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.56 Mil.

GuruFocus does not calculate Great World Co Holdings's interest coverage with the available data.

* 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.


Great World Co Holdings  (HKSE:08003) 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 .


Great World Co Holdings Interest Coverage Related Terms

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


Great World Co Holdings Business Description

Traded in Other Exchanges
N/A
Address
7 Cheung Shun Street, Office No. 4, 21st Floor, Saxon Tower, Lai Chi Kok, Kowloon, Hong Kong, HKG
Great World Co Holdings Ltd is an investment holding company. The firm has four segments. The intelligent advertising and railroad media business segment that derives the majority of revenue offers mobile advertising media services for intelligent advertising and property market customers in the PRC. Cultivation and sales of agricultural and forestry products segment engage in the cultivation of forestry and wood material products, Chinese herbal medicine ingredients, agricultural by-products, and sales of processed and prepackaged food. Trading (Supply Chain) Business sales information technology products and industrial consumer products, as well as related R&D. Property business, engages in property investment and development, operating and managing residential and commercial properties.
Executives
Win Bless Limited 2101 Beneficial owner
Zhao Xinyan 2201 Interest of corporation controlled by you
Lin Shunping 2101 Beneficial owner
Gold City Assets Holdings Limited
Ng Mui King Joky

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