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Loco Hong Kong Holdings (HKSE:08162) Interest Coverage : N/A (As of Dec. 2024)


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What is Loco Hong Kong 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. Loco Hong Kong Holdings's Operating Income for the three months ended in Dec. 2024 was HK$0 Mil. Loco Hong Kong Holdings's Interest Expense for the three months ended in Dec. 2024 was HK$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 Loco Hong Kong Holdings's Interest Coverage or its related term are showing as below:

HKSE:08162' s Interest Coverage Range Over the Past 10 Years
Min: 0.51   Med: 26.09   Max: 61.23
Current: 37.47


HKSE:08162's Interest Coverage is ranked better than
82.12% of 425 companies
in the Conglomerates industry
Industry Median: 5.19 vs HKSE:08162: 37.47

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


Loco Hong Kong Holdings Interest Coverage Historical Data

The historical data trend for Loco Hong Kong 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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Loco Hong Kong Holdings Interest Coverage Chart

Loco Hong Kong Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 26.09 61.23

Loco Hong Kong Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 - 12.31 59.81 N/A N/A

Competitive Comparison of Loco Hong Kong Holdings's Interest Coverage

For the Conglomerates subindustry, Loco Hong Kong 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.


Loco Hong Kong Holdings's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Loco Hong Kong Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Loco Hong Kong Holdings's Interest Coverage falls into.


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Loco Hong Kong 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.

Loco Hong Kong Holdings's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Loco Hong Kong Holdings's Interest Expense was HK$-1 Mil. Its Operating Income was HK$49 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*49.044/-0.801
=61.23

Loco Hong Kong Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Loco Hong Kong Holdings's Interest Expense was HK$0 Mil. Its Operating Income was HK$0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3 Mil.

GuruFocus does not calculate Loco Hong Kong 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.


Loco Hong Kong Holdings  (HKSE:08162) 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 .


Loco Hong Kong Holdings Interest Coverage Related Terms

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


Loco Hong Kong Holdings Business Description

Traded in Other Exchanges
N/A
Address
Fairmont House, 8 Cotton Tree Drive, Unit 401, 4th floor, Admiralty, Hong Kong, HKG
Loco Hong Kong Holdings Ltd is an investment holding company. It is engaged in the provision of education management services in the mainland of the People's Republic of China, trading of precious metal and commodity forward contracts, and provision of money lending services in Hong Kong. It has a business presence in Hong Kong, PRC Mainland, and other regions. The Group's reportable and operating segments are: Trading of metal - Sales of metal, Money lending services - Provision of money lending services, and Education management services - Provision of education management services.
Executives
Zhang Siyuan 2201 Interest of corporation controlled by you
Fias(hong Kong)co.,limited 2101 Beneficial owner
Fortune Way Corporation Limited 2101 Beneficial owner
Hon Pok 2101 Beneficial owner
Fias (hong Kong) Co., Limited 2101 Beneficial owner
Fung Ping Tak 2101 Beneficial owner
Poon Lai 2101 Beneficial owner
Liu Chengnan 2101 Beneficial owner
Zhang Bo 2101 Beneficial owner
Poon Kwan Ho 2101 Beneficial owner
So Hing Sang 2101 Beneficial owner
Wong Man Na 2101 Beneficial owner

Loco Hong Kong Holdings Headlines

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