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Perfect Optronics (HKSE:08311) Interest Coverage : N/A (As of Dec. 2024)


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


HKSE:08311's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.11
* 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.


Perfect Optronics Interest Coverage Historical Data

The historical data trend for Perfect Optronics'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.

Perfect Optronics Interest Coverage Chart

Perfect Optronics 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 - - 48.56 - -

Perfect Optronics 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 - - - N/A N/A

Competitive Comparison of Perfect Optronics's Interest Coverage

For the Electronic Components subindustry, Perfect Optronics'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.


Perfect Optronics's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Perfect Optronics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Perfect Optronics's Interest Coverage falls into.


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Perfect Optronics 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.

Perfect Optronics'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, Perfect Optronics's Interest Expense was HK$-0.23 Mil. Its Operating Income was HK$-23.98 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3.08 Mil.

Perfect Optronics did not have earnings to cover the interest expense.

Perfect Optronics's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Perfect Optronics'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$3.08 Mil.

GuruFocus does not calculate Perfect Optronics'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.


Perfect Optronics  (HKSE:08311) 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 .


Perfect Optronics Interest Coverage Related Terms

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


Perfect Optronics Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Tokwawan Road, Flat 903, 9th Floor, New Lee Wah Centre, Tokwawan, Kowloon, Hong Kong, HKG
Perfect Optronics Ltd is an investment holding company principally engaged in the trading of display panels, optics products, and related electronic components. It offers Thin film transistor liquid crystal display (TFT-LCD) panels and modules, Polarisers, Electronic signage, Optics products, Light guide plates, Integrated circuits, and other products. Key revenue is derived from the TFT-LCD panels and modules. It operates businesses in Hong Kong, Mainland China, and Taiwan, out of which Hong Kong accounts for a majority of the revenue.

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