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Zacd Group (HKSE:08313) Interest Coverage : N/A (As of Jun. 2024)


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

HKSE:08313' s Interest Coverage Range Over the Past 10 Years
Min: 7.82   Med: No Debt   Max: No Debt
Current: 7.84


HKSE:08313's Interest Coverage is ranked worse than
68.62% of 443 companies
in the Asset Management industry
Industry Median: 51.15 vs HKSE:08313: 7.84

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


Zacd Group Interest Coverage Historical Data

The historical data trend for Zacd 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.

Zacd Group Interest Coverage Chart

Zacd Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 214.11 - 15.14 - 7.82

Zacd Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 8.24 7.86 3.61 10.64 N/A

Competitive Comparison of Zacd Group's Interest Coverage

For the Asset Management subindustry, Zacd 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.


Zacd Group's Interest Coverage Distribution in the Asset Management Industry

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

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



Zacd 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.

Zacd 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, Zacd Group's Interest Expense was HK$-3.61 Mil. Its Operating Income was HK$28.18 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$4.53 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*28.182/-3.606
=7.82

Zacd Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, Zacd 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$2.28 Mil.

GuruFocus does not calculate Zacd 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.


Zacd Group  (HKSE:08313) 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 .


Zacd Group Interest Coverage Related Terms

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


Zacd Group Business Description

Traded in Other Exchanges
N/A
Address
300 Beach Road, No. 34-05 The Concourse, Singapore, SGP, 199555
Zacd Group Ltd is an integrated asset manager in Singapore offering integrated solutions across the real estate value chain in Singapore and the Asia-Pacific region. The company operates in various segments which are SPV investment, Fund management, Acquisitions & project management, Project Management & Tenancy Management, and Financial Advisory. The company derives maximum revenue from Fund management. The company operates in Singapore, Australia, Malaysia, the British Virgin Islands, and other countries, out of which Singapore accounts for the majority of the revenue.
Executives
Sim Kain Kain 2201 Interest of corporation controlled by you
Yeo (yao) Choon Guan (junyuan) 2201 Interest of corporation controlled by you
Zacd Investments Pte. Ltd. 2101 Beneficial owner
Sastra Rachman 2101 Beneficial owner
Harmonious Tidings Limited 2101 Beneficial owner

Zacd Group Headlines

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