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Kingwisoft Technology Group Co (HKSE:08295) Interest Coverage : N/A (As of Sep. 2024)


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What is Kingwisoft Technology Group Co 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. Kingwisoft Technology Group Co's Operating Income for the three months ended in Sep. 2024 was HK$0.0 Mil. Kingwisoft Technology Group Co's Interest Expense for the three months ended in Sep. 2024 was HK$0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kingwisoft Technology Group Co Ltd interest coverage is 1.16, which is low.

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

HKSE:08295' s Interest Coverage Range Over the Past 10 Years
Min: 0.94   Med: No Debt   Max: No Debt
Current: 1.16


HKSE:08295's Interest Coverage is ranked worse than
92.46% of 451 companies
in the Capital Markets industry
Industry Median: 22.93 vs HKSE:08295: 1.16

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


Kingwisoft Technology Group Co Interest Coverage Historical Data

The historical data trend for Kingwisoft Technology Group Co'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.

Kingwisoft Technology Group Co Interest Coverage Chart

Kingwisoft Technology Group Co Annual Data
Trend Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.33 3.99 0.94 1.42

Kingwisoft Technology Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 0.83 1.98 0.20 N/A N/A

Competitive Comparison of Kingwisoft Technology Group Co's Interest Coverage

For the Capital Markets subindustry, Kingwisoft Technology Group Co'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.


Kingwisoft Technology Group Co's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Kingwisoft Technology Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kingwisoft Technology Group Co's Interest Coverage falls into.


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Kingwisoft Technology Group Co 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.

Kingwisoft Technology Group Co'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, Kingwisoft Technology Group Co's Interest Expense was HK$-26.4 Mil. Its Operating Income was HK$37.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$48.9 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*37.371/-26.408
=1.42

Kingwisoft Technology Group Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Kingwisoft Technology Group Co's Interest Expense was HK$0.0 Mil. Its Operating Income was HK$0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$44.1 Mil.

GuruFocus does not calculate Kingwisoft Technology Group Co'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.


Kingwisoft Technology Group Co  (HKSE:08295) 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 .


Kingwisoft Technology Group Co Interest Coverage Related Terms

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


Kingwisoft Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
33 Hysan Avenue, Room 1204, 12th Floor, Lee Garden One, Causeway Bay, Hong Kong, HKG
Kingwisoft Technology Group Co Ltd through its subsidiaries engages in investment holding, provision of back-office services primarily provision of customer service solutions, comprehensive marketing services, data center services, corporate advisory services, investment advisory, asset management services, proprietary investments, and money lending. It operates in two segments: Value-added telecommunication and related services and Financial services. The Value-added telecommunication and related services segment that derives the majority of revenue engages in the provision of value-added telecommunications and related services, including back-office services, comprehensive marketing services, and data center services.
Executives
Hu Shi Long
Xie Zhikun 2201 Interest of corporation controlled by you
Zhong Zhi Ze Yun Capital Company Limited 2201 Interest of corporation controlled by you
Ninego Corporation 2101 Beneficial owner
Gfly Ltd 2101 Beneficial owner
Lvyy Cayman Limited 2201 Interest of corporation controlled by you
Lvyy Holding Limited 2201 Interest of corporation controlled by you
Lyu Wenyang 2201 Interest of corporation controlled by you
Tian Xi Capital Company Limited 2201 Interest of corporation controlled by you
Liu Ying Ying 2201 Interest of corporation controlled by you
Zhong Hai Cheng Feng Bei Jing Zi Ben Guan Li You Xian Gong Si 2101 Beneficial owner
Zhong Zhi Zi Ben Guan Li You Xian Gong Si 2101 Beneficial owner
Zhong Hai Cheng Rong Bei Jing Zi Ben Guan Li You Xian Gong Si 2101 Beneficial owner

Kingwisoft Technology Group Co Headlines

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