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Allied Sustainability And Environmental Consultants Group (HKSE:08320) Interest Coverage : 0.52 (As of Sep. 2023)


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What is Allied Sustainability And Environmental Consultants 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. Allied Sustainability And Environmental Consultants Group's Operating Income for the three months ended in Sep. 2023 was HK$0.07 Mil. Allied Sustainability And Environmental Consultants Group's Interest Expense for the three months ended in Sep. 2023 was HK$-0.13 Mil. Allied Sustainability And Environmental Consultants Group's interest coverage for the quarter that ended in Sep. 2023 was 0.52. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Allied Sustainability And Environmental Consultants Group's Interest Coverage or its related term are showing as below:


HKSE:08320's Interest Coverage is not ranked *
in the Waste Management industry.
Industry Median: 4.875
* 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.


Allied Sustainability And Environmental Consultants Group Interest Coverage Historical Data

The historical data trend for Allied Sustainability And Environmental Consultants 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.

Allied Sustainability And Environmental Consultants Group Interest Coverage Chart

Allied Sustainability And Environmental Consultants Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only - 7.96 14.92 - -

Allied Sustainability And Environmental Consultants Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - 0.52

Competitive Comparison of Allied Sustainability And Environmental Consultants Group's Interest Coverage

For the Waste Management subindustry, Allied Sustainability And Environmental Consultants 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.


Allied Sustainability And Environmental Consultants Group's Interest Coverage Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Allied Sustainability And Environmental Consultants Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Allied Sustainability And Environmental Consultants Group's Interest Coverage falls into.



Allied Sustainability And Environmental Consultants 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.

Allied Sustainability And Environmental Consultants Group's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Allied Sustainability And Environmental Consultants Group's Interest Expense was HK$-0.43 Mil. Its Operating Income was HK$-3.82 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3.84 Mil.

Allied Sustainability And Environmental Consultants Group did not have earnings to cover the interest expense.

Allied Sustainability And Environmental Consultants Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Allied Sustainability And Environmental Consultants Group's Interest Expense was HK$-0.13 Mil. Its Operating Income was HK$0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3.09 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*0.065/-0.125
=0.52

* 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.


Allied Sustainability And Environmental Consultants Group  (HKSE:08320) 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 .


Allied Sustainability And Environmental Consultants Group Interest Coverage Related Terms

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Allied Sustainability And Environmental Consultants Group (HKSE:08320) Business Description

Traded in Other Exchanges
N/A
Address
160 Gloucester Road, 27/F, Overseas Trust Bank Building, Wan Chai, Hong Kong, HKG
Allied Sustainability And Environmental Consultants Group Ltd is an environmental consulting company. The company is engaged in the provision of consultancy services relating to green building certification consultancy, sustainability and environmental consultancy, acoustics, noise and vibration control, audio-visual design consultancy, and Environmental, social, and governance reporting consultancy. The principal place of the Group's operation is mainly in Hong Kong and has a presence in Macau and the PRC also.

Allied Sustainability And Environmental Consultants Group (HKSE:08320) Headlines

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