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eBroker Group (HKSE:08036) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is eBroker Group 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. eBroker Group's Operating Income for the three months ended in Dec. 2023 was HK$-0.23 Mil. eBroker Group's Interest Expense for the three months ended in Dec. 2023 was HK$-0.03 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 eBroker Group's Interest Coverage or its related term are showing as below:

HKSE:08036' s Interest Coverage Range Over the Past 10 Years
Min: 5   Med: 29.9   Max: No Debt
Current: 25.04


HKSE:08036's Interest Coverage is ranked worse than
53.25% of 1600 companies
in the Software industry
Industry Median: 29.825 vs HKSE:08036: 25.04

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


eBroker Group Interest Coverage Historical Data

The historical data trend for eBroker Group'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.

eBroker Group Interest Coverage Chart

eBroker Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 5.00 10.16 6.42 34.75 25.04

eBroker Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 45.96 56.95 35.60 21.59 -

Competitive Comparison of eBroker Group's Interest Coverage

For the Software - Application subindustry, eBroker Group'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.


eBroker Group's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where eBroker Group's Interest Coverage falls into.



eBroker Group 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.

eBroker Group'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, eBroker Group's Interest Expense was HK$-0.08 Mil. Its Operating Income was HK$2.10 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.16 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*2.103/-0.084
=25.04

eBroker Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, eBroker Group's Interest Expense was HK$-0.03 Mil. Its Operating Income was HK$-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.16 Mil.

eBroker Group 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.


eBroker Group  (HKSE:08036) 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 .


eBroker Group Interest Coverage Related Terms

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


eBroker Group (HKSE:08036) Business Description

Traded in Other Exchanges
N/A
Address
19 Canton Road, Tsim Sha Tsui, World Finance Centre, Suites 1410-11, 14th Floor, North Tower, Kowloon, Hong Kong, HKG
eBroker Group Limited is an investment holding company mainly engaged in the development and supply of financial software solutions. The Company provides financial software solutions to financial institutions. The Company mainly provides front-office solution services, back-office solution services, software and hardware installation and customization services, and cloud management services. The front office solutions are used for front office operations, including trading execution, fund management, credit control, risk management, and cyber security services. The back office solutions are used for back office settlement operations, including clearing and settlement of trading orders, portfolio risk reporting, and colocation services.
Executives
Eagle Business Consulting Limited 2101 Beneficial owner
Good Steward Foundation Limited 2201 Interest of corporation controlled by you
Bank Of Communications Trustee Limited 2301 Trustee
Quantsmile (bvi) Limited 2101 Beneficial owner
Financial Data Technologies Limited 2101 Beneficial owner
Nie Lehui 2201 Interest of corporation controlled by you

eBroker Group (HKSE:08036) Headlines

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