GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » NOIZ Group Ltd (HKSE:08163) » Definitions » Interest Coverage

NOIZ Group (HKSE:08163) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is NOIZ 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. NOIZ Group's Operating Income for the three months ended in Dec. 2023 was HK$-0.76 Mil. NOIZ Group's Interest Expense for the three months ended in Dec. 2023 was HK$-3.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for NOIZ Group's Interest Coverage or its related term are showing as below:


HKSE:08163's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.


NOIZ Group Interest Coverage Historical Data

The historical data trend for NOIZ 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.

* Premium members only.

NOIZ Group Interest Coverage Chart

NOIZ Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

NOIZ Group 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 - - - - -

Competitive Comparison of NOIZ Group's Interest Coverage

For the Financial Conglomerates subindustry, NOIZ 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.


NOIZ Group's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, NOIZ Group's Interest Coverage distribution charts can be found below:

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



NOIZ 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.

NOIZ 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, NOIZ Group's Interest Expense was HK$-12.54 Mil. Its Operating Income was HK$-13.33 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$77.93 Mil.

NOIZ Group did not have earnings to cover the interest expense.

NOIZ Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, NOIZ Group's Interest Expense was HK$-3.00 Mil. Its Operating Income was HK$-0.76 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$77.93 Mil.

NOIZ Group did not have earnings to cover the interest expense.

* 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.


NOIZ Group  (HKSE:08163) 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 .


NOIZ Group Interest Coverage Related Terms

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


NOIZ Group (HKSE:08163) Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, Room 1108, 11th Floor, Wing On Centre, Central, Hong Kong, HKG
NOIZ Group Ltd is engaged in the technology, entertainment, and financial services business. In the technology business, Group is driving blockchain to mass adoption and commercialization making blockchain technology widely available for all businesses via its Blockchain-as-a-Service (BaaS) platform solutions. It provides tailor-made services and advice to businesses allowing them to use cloud-based solutions to manage and develop their applications. It aims to digitalize the entertainment segment by creating diversified and innovative ways for audiences to experience the power of virtual entertainment and enjoy immersive experiences through blockchain technology expertise and experience. The financial service business is operated through its wholly-owned subsidiary.
Executives
Team Sunny International Holdings Limited 2101 Beneficial owner
Wong Hin Shek 2201 Interest of corporation controlled by you

NOIZ Group (HKSE:08163) Headlines

No Headlines