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Wuxi Life International Holdings Group (HKSE:08148) Interest Coverage : N/A (As of Jun. 2024)


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


HKSE:08148's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.01
* 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.


Wuxi Life International Holdings Group Interest Coverage Historical Data

The historical data trend for Wuxi Life International Holdings 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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Wuxi Life International Holdings Group Interest Coverage Chart

Wuxi Life International Holdings Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Wuxi Life International Holdings Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 10.44 - - - N/A

Competitive Comparison of Wuxi Life International Holdings Group's Interest Coverage

For the Software - Application subindustry, Wuxi Life International Holdings 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.


Wuxi Life International Holdings Group's Interest Coverage Distribution in the Software Industry

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

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


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Wuxi Life International Holdings 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.

Wuxi Life International Holdings 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, Wuxi Life International Holdings Group's Interest Expense was HK$-0.89 Mil. Its Operating Income was HK$-8.36 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.53 Mil.

Wuxi Life International Holdings Group did not have earnings to cover the interest expense.

Wuxi Life International Holdings Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, Wuxi Life International Holdings Group'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$0.13 Mil.

GuruFocus does not calculate Wuxi Life International Holdings Group'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.


Wuxi Life International Holdings Group  (HKSE:08148) 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 .


Wuxi Life International Holdings Group Interest Coverage Related Terms

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Wuxi Life International Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
8 A Kung Ngam Village Lane, Room H, 2nd Floor, Manson Industrial Building, Shaukeiwan, Hong Kong, HKG, 489-491
Wuxi Life International Holdings Group Ltd is principally engaged in developing and marketing of the patented server-based technology and the provision of communications software platform, software-related services, and custom-made software development services; and mobile gaming business. The majority of its revenue is from Hong Kong.
Executives
Liu Guanzhou 2101 Beneficial owner
Zhang Jiahui 2202 Interest of your spouse
Zhang Dong 2101 Beneficial owner
Chiu Ngai Hung 2101 Beneficial owner

Wuxi Life International Holdings Group Headlines

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