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North Asia Strategic Holdings (HKSE:08080) Interest Coverage : N/A (As of Sep. 2024)


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


HKSE:08080's Interest Coverage is not ranked *
in the Industrial Distribution industry.
Industry Median: 7.52
* 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.


North Asia Strategic Holdings Interest Coverage Historical Data

The historical data trend for North Asia Strategic 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.

North Asia Strategic Holdings Interest Coverage Chart

North Asia Strategic 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 42.06 66.70 44.07 - -

North Asia Strategic Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 70.33 - - N/A N/A

Competitive Comparison of North Asia Strategic Holdings's Interest Coverage

For the Industrial Distribution subindustry, North Asia Strategic 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.


North Asia Strategic Holdings's Interest Coverage Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, North Asia Strategic Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where North Asia Strategic Holdings's Interest Coverage falls into.



North Asia Strategic 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.

North Asia Strategic 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, North Asia Strategic Holdings's Interest Expense was HK$-3.1 Mil. Its Operating Income was HK$-68.9 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$40.6 Mil.

North Asia Strategic Holdings did not have earnings to cover the interest expense.

North Asia Strategic Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, North Asia Strategic 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$33.1 Mil.

GuruFocus does not calculate North Asia Strategic 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.


North Asia Strategic Holdings  (HKSE:08080) 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 .


North Asia Strategic Holdings Interest Coverage Related Terms

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North Asia Strategic Holdings Business Description

Traded in Other Exchanges
N/A
Address
1 Connaught Place, Suite 1618, 16th Floor, Jardine House, Hong Kong, HKG
North Asia Strategic Holdings Ltd is an investment holding company. Through its subsidiaries, the company is engaged in the business segments of Hi-tech distribution and services operation, Lease operation and electronic payment solution. It derives maximum revenue from the Hi-tech distribution and services operation segment, which includes trading of surface mount technology (SMT) assembly equipment, machinery and spare parts and provision of related installation, training, repair and maintenance services for SMT assembly equipment. The Leasing operations involve the provision of finance to its customers via a wide array of assets under finance lease arrangements. The group's activities are principally carried out in Hong Kong, China and the rest of Asia.
Executives
Sky Virtue Holdings Limited 2101 Beneficial owner
Zhang Yifan 2201 Interest of corporation controlled by you
Lu Ying
Sincere Ardent Limited
Sun Ciying 2101 Beneficial owner

North Asia Strategic Holdings Headlines

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