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Atlinks Group (HKSE:08043) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Atlinks 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. Atlinks Group's Operating Income for the three months ended in Dec. 2023 was HK$-0.6 Mil. Atlinks Group's Interest Expense for the three months ended in Dec. 2023 was HK$-1.4 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 Atlinks Group's Interest Coverage or its related term are showing as below:

HKSE:08043' s Interest Coverage Range Over the Past 10 Years
Min: 0.65   Med: 2.77   Max: 6.67
Current: 0.65


HKSE:08043's Interest Coverage is ranked worse than
96.68% of 1594 companies
in the Hardware industry
Industry Median: 12.735 vs HKSE:08043: 0.65

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


Atlinks Group Interest Coverage Historical Data

The historical data trend for Atlinks 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.

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Atlinks Group Interest Coverage Chart

Atlinks Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only - 2.23 2.77 - 0.65

Atlinks 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 - 2.17 1.55 - -

Competitive Comparison of Atlinks Group's Interest Coverage

For the Communication Equipment subindustry, Atlinks 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.


Atlinks Group's Interest Coverage Distribution in the Hardware Industry

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

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



Atlinks 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.

Atlinks 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, Atlinks Group's Interest Expense was HK$-6.4 Mil. Its Operating Income was HK$4.1 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*4.131/-6.362
=0.65

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

Here, for the three months ended in Dec. 2023, Atlinks Group's Interest Expense was HK$-1.4 Mil. Its Operating Income was HK$-0.6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.1 Mil.

Atlinks 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.


Atlinks Group  (HKSE:08043) 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 .


Atlinks Group Interest Coverage Related Terms

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


Atlinks Group (HKSE:08043) Business Description

Traded in Other Exchanges
N/A
Address
19 Lam Lok Street, Kowloon Bay, Unit 1818, 18/Floor, Nan Fung Commercial Centre,, Hong Kong, HKG
Atlinks Group Ltd is a home and office telecommunications product designing company. It sells its products through telecom operators, consumer retail chain stores, and distributors located mainly in Europe and Latin America. The company derives revenues principally from designing, developing, and selling home and office telecommunications products under the trademarks bearing the word Alcatel. Atlinks Group Ltd generates most of its geographical revenue from France.
Executives
Talent Ocean Holdings Limited 2201 Interest of corporation controlled by you
Ng Ching Yi Doris 2202 Interest of your spouse
Tong Chi Hoi 2201 Interest of corporation controlled by you
Chu Lam Fong 2201 Interest of corporation controlled by you
Eiffel Global Limited 2101 Beneficial owner
Long Hak Kan 2202 Interest of your spouse

Atlinks Group (HKSE:08043) Headlines

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