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Wisdomcome Group Holdings (HKSE:08079) Interest Coverage : N/A (As of Sep. 2024)


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What is Wisdomcome Group 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. Wisdomcome Group Holdings's Operating Income for the three months ended in Sep. 2024 was HK$0.00 Mil. Wisdomcome Group 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 Wisdomcome Group Holdings's Interest Coverage or its related term are showing as below:


HKSE:08079's Interest Coverage is not ranked *
in the Retail - Defensive industry.
Industry Median: 8.62
* 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.


Wisdomcome Group Holdings Interest Coverage Historical Data

The historical data trend for Wisdomcome Group 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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Wisdomcome Group Holdings Interest Coverage Chart

Wisdomcome Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
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Wisdomcome Group Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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Competitive Comparison of Wisdomcome Group Holdings's Interest Coverage

For the Grocery Stores subindustry, Wisdomcome Group 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.


Wisdomcome Group Holdings's Interest Coverage Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wisdomcome Group Holdings's Interest Coverage distribution charts can be found below:

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


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Wisdomcome Group 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.

Wisdomcome Group 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, Wisdomcome Group Holdings's Interest Expense was HK$-0.47 Mil. Its Operating Income was HK$-69.60 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.38 Mil.

Wisdomcome Group Holdings did not have earnings to cover the interest expense.

Wisdomcome Group Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Wisdomcome Group 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$3.21 Mil.

GuruFocus does not calculate Wisdomcome Group 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.


Wisdomcome Group Holdings  (HKSE:08079) 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 .


Wisdomcome Group Holdings Interest Coverage Related Terms

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


Wisdomcome Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
21 Sheung Yuet Road, Unit 502, 5th Floor, Eastmark, Kowloon Bay, Hong Kong, HKG
Wisdomcome Group Holdings Ltd is an investment holding company mainly engaged in the wholesale and retail of groceries. Along with subsidiaries, the Company operates its business through two segments. The Retail and Wholesale segment is principally involved in the groceries retail and wholesale, frozen foods, and coupons, Retail groceries mainly include frozen soup, frozen seafood, personal care products, and stationery. The Money Lending segment is mainly engaged in the money lending business. In addition, the Company is also engaged in financial instruments and quoted shares investment business. All of the group's operations are located in Hong Kong.
Executives
Chan Tsz Hong 2106 Person having a security interest in shares
Li Yung 2101 Beneficial owner
Cheng Sai Chit Luke 2101 Beneficial owner
Arab Osman Mohammed 2104 Agent
Lai Wing Lun 2104 Agent
Toprich Elite Limited 2106 Person having a security interest in shares
Ip Clayton 2106 Person having a security interest in shares
Nb Management Services Limited 2106 Person having a security interest in shares
Ruima Group Limited 2106 Person having a security interest in shares
Leung Lisa 2201 Interest of corporation controlled by you
Best Richest Management Company Limited 2101 Beneficial owner
Chan Yan Tak 2201 Interest of corporation controlled by you
Chan Hung Kai 2101 Beneficial owner
Raffaello Opportunity Fund 2101 Beneficial owner
Tsang Kin Wai 2201 Interest of corporation controlled by you

Wisdomcome Group Holdings Headlines

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