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Sling Group Holdings (HKSE:08285) Interest Coverage : N/A (As of Dec. 2024)


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


HKSE:08285's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.11
* 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.


Sling Group Holdings Interest Coverage Historical Data

The historical data trend for Sling Group 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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Sling Group Holdings Interest Coverage Chart

Sling Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Sling Group 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 - - 1.75 N/A N/A

Competitive Comparison of Sling Group Holdings's Interest Coverage

For the Footwear & Accessories subindustry, Sling Group 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.


Sling Group Holdings's Interest Coverage Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sling Group Holdings's Interest Coverage distribution charts can be found below:

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


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Sling Group 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.

Sling Group 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, Sling Group Holdings's Interest Expense was HK$-1.57 Mil. Its Operating Income was HK$-14.20 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$12.25 Mil.

Sling Group Holdings did not have earnings to cover the interest expense.

Sling Group Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Sling Group Holdings'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$12.25 Mil.

GuruFocus does not calculate Sling Group 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.


Sling Group Holdings  (HKSE:08285) 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 .


Sling Group Holdings Interest Coverage Related Terms

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


Sling Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
64 Hoi Yuen Road, Unit 1, 21st Floor, Yen Sheng Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Sling Group Holdings Ltd is an investment holding company engaged in the design and sale of women's handbags, small leather goods, luggage, and travel goods. Its products of the company include designing, promoting, and selling women's handbags, small leather goods, and travel goods, including handle bags, clutch bags, wallets, coin cases, cardholders, and suitcases in the PRC. It group has a business presence in China and Hong Kong, of which key revenue is derived from China. It brand portfolio of the company comprises two brands namely, Elle, Jessie, and Jane.
Executives
Yen Sheng Investment Limited 2101 Beneficial owner
Li Wing Chi Agnes 2201 Interest of corporation controlled by you
Summit Time Resources Limited 2101 Beneficial owner
Chan Yee Ling Elaine 2202 Interest of your spouse
Hiang Siu Wei Cecilia 2202 Interest of your spouse
Yau Sonny Tai Nin 2201 Interest of corporation controlled by you
Yau Tai Leung Sammy 2201 Interest of corporation controlled by you
Lee Shui Kwai Victor 2202 Interest of your spouse

Sling Group Holdings Headlines

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