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Janco Holdings (HKSE:08035) Interest Coverage : N/A (As of Dec. 2024)


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


HKSE:08035's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 6.05
* 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.


Janco Holdings Interest Coverage Historical Data

The historical data trend for Janco 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.

Janco Holdings Interest Coverage Chart

Janco Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.85 4.42 0.77 - -

Janco Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - N/A N/A

Competitive Comparison of Janco Holdings's Interest Coverage

For the Integrated Freight & Logistics subindustry, Janco 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.


Janco Holdings's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Janco Holdings's Interest Coverage distribution charts can be found below:

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


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Janco 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.

Janco 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, Janco Holdings's Interest Expense was HK$-4.1 Mil. Its Operating Income was HK$-12.9 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$20.3 Mil.

Janco Holdings did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2024, Janco Holdings's Interest Expense was HK$0.0 Mil. Its Operating Income was HK$0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$20.3 Mil.

GuruFocus does not calculate Janco 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.


Janco Holdings  (HKSE:08035) 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 .


Janco Holdings Interest Coverage Related Terms

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


Janco Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 223 Wai Yip Street, Unit 1608, 16th Floor, Tower A, Manulife Financial Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Janco Holdings Ltd is a freight forwarding and logistics service provider. The company's operating segments are Freight forwarding which includes the provision of air freight and ocean freight forwarding services; Logistics and warehousing includes the provision of warehousing and other ancillary logistics services; and E-Commerce deals in the trading of electronic products through an online platform, It generates a majority of its revenue from Freight forwarding segment. The group's operations are located in Hong Kong.
Executives
Cheng Hon Yat 2202 Interest of your spouse
Tai Choi Wan Noel 2201 Interest of corporation controlled by you
Pacific Crouch Limited 2101 Beneficial owner
Million Venture Holdings Limited 2101 Beneficial owner
Chan Chun Shing Otto 2101 Beneficial owner

Janco Holdings Headlines

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