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Ying Kee Tea House Group (HKSE:08241) Interest Coverage : N/A (As of Sep. 2024)


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What is Ying Kee Tea House 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. Ying Kee Tea House Group's Operating Income for the three months ended in Sep. 2024 was HK$0.00 Mil. Ying Kee Tea House Group's Interest Expense for the three months ended in Sep. 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 Ying Kee Tea House Group's Interest Coverage or its related term are showing as below:


HKSE:08241's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.335
* 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.


Ying Kee Tea House Group Interest Coverage Historical Data

The historical data trend for Ying Kee Tea House 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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Ying Kee Tea House Group Interest Coverage Chart

Ying Kee Tea House Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
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Ying Kee Tea House Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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Competitive Comparison of Ying Kee Tea House Group's Interest Coverage

For the Packaged Foods subindustry, Ying Kee Tea House 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.


Ying Kee Tea House Group's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ying Kee Tea House Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ying Kee Tea House Group's Interest Coverage falls into.


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Ying Kee Tea House 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.

Ying Kee Tea House Group'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, Ying Kee Tea House Group's Interest Expense was HK$-4.36 Mil. Its Operating Income was HK$-10.36 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$70.03 Mil.

Ying Kee Tea House Group did not have earnings to cover the interest expense.

Ying Kee Tea House Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Ying Kee Tea House 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$72.09 Mil.

GuruFocus does not calculate Ying Kee Tea House 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.


Ying Kee Tea House Group  (HKSE:08241) 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 .


Ying Kee Tea House Group Interest Coverage Related Terms

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Ying Kee Tea House Group Business Description

Traded in Other Exchanges
N/A
Address
5 Fung Yip Street, 8th Floor, Wah Shing Centre, Siu Sai Wan, Hong Kong, HKG
Ying Kee Tea House Group Ltd provides variety of Chinese tea leaves broadly categories into Pu-erh Tea, Oolong Tea, Fragrant tea, Green Tea, White Tea, Old Luk On Tea, and Black Tea. It also offers teawares and tea gift sets. The firm operates in a single segment and generates revenue from sales of tea products.
Executives
Chan King Chi 2202 Interest of your spouse
Chan Kun Yuen 2101 Beneficial owner
Chan Kwong Yuen 2101 Beneficial owner
Chan Shu Yuen 2101 Beneficial owner
Chan Tat Yuen 2101 Beneficial owner
Chu Min 2202 Interest of your spouse
Ng Wai Lam Lana Zoe 2202 Interest of your spouse
Po Miu Kuen Tammy 2202 Interest of your spouse
Wong Tak Ming 2101 Beneficial owner
Coastal Lion Limited 2201 Interest of corporation controlled by you
Profit Ocean Enterprises Limited 2101 Beneficial owner
Sky King Global Limited 2201 Interest of corporation controlled by you
Tri-luck Investments Limited 2201 Interest of corporation controlled by you
Wealth City Global Limited 2201 Interest of corporation controlled by you

Ying Kee Tea House Group Headlines

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