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Bosa Technology Holdings (HKSE:08140) Interest Coverage : 98.73 (As of Dec. 2023)


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What is Bosa Technology 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. Bosa Technology Holdings's Operating Income for the three months ended in Dec. 2023 was HK$6.6 Mil. Bosa Technology Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$-0.1 Mil. Bosa Technology Holdings's interest coverage for the quarter that ended in Dec. 2023 was 98.73. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Bosa Technology Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Bosa Technology Holdings's Interest Coverage or its related term are showing as below:

HKSE:08140' s Interest Coverage Range Over the Past 10 Years
Min: 74.14   Med: 156.68   Max: 577.67
Current: 161.6


HKSE:08140's Interest Coverage is ranked better than
91.18% of 465 companies
in the Steel industry
Industry Median: 5.62 vs HKSE:08140: 161.60

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


Bosa Technology Holdings Interest Coverage Historical Data

The historical data trend for Bosa Technology 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.

Bosa Technology Holdings Interest Coverage Chart

Bosa Technology Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial 577.67 74.14 160.63 94.55 152.72

Bosa Technology Holdings 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 61.14 346.46 215.15 113.58 98.73

Competitive Comparison of Bosa Technology Holdings's Interest Coverage

For the Steel subindustry, Bosa Technology 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.


Bosa Technology Holdings's Interest Coverage Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bosa Technology Holdings's Interest Coverage distribution charts can be found below:

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



Bosa Technology 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.

Bosa Technology Holdings's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Bosa Technology Holdings's Interest Expense was HK$-0.2 Mil. Its Operating Income was HK$35.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.6 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*34.972/-0.229
=152.72

Bosa Technology Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Bosa Technology Holdings's Interest Expense was HK$-0.1 Mil. Its Operating Income was HK$6.6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.3 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*6.615/-0.067
=98.73

* 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.


Bosa Technology Holdings  (HKSE:08140) 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 .


Bosa Technology Holdings Interest Coverage Related Terms

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


Bosa Technology Holdings (HKSE:08140) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 King Yip Street, Room D, 29th Floor, King Palace Plaza, Kwun Tong Kowloon, Hong Kong, HKG
Bosa Technology Holdings Ltd is an investment holding company, and the principal activity of its subsidiaries is to provide mechanical splicing services to the reinforced concrete construction industry in Hong Kong. Its mechanical splicing services include two elements: Processing reinforcing bars and Connecting reinforcing bars by couplers. The company provides two types of reinforcing bars processing services: Servisplice and the Seisplice.
Executives
Kwan Tek Sian 2201 Interest of corporation controlled by you
Kin Sun Creative Company Ltd 2101 Beneficial owner
Ha Jasmine Nim Chi 2202 Interest of your spouse
Chan Ching 2202 Interest of your spouse
Lim Su I 2101 Beneficial owner
Yang Tien Lee 2101 Beneficial owner
Wang Yu Ju 2202 Interest of your spouse
Wang Wann Bao 2101 Beneficial owner
Wang Yu Ju 2202 Interest of your spouse
Chiu Yin Mei 2101 Beneficial owner
Chan Ching 2202 Interest of your spouse
Ng Pei Ying 2202 Interest of your spouse
Lim Paulino 2101 Beneficial owner
Yang Tien Lee 2101 Beneficial owner
Wang Wann Bao 2101 Beneficial owner

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