GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Zijing International Financial Holdings Ltd (HKSE:08340) » Definitions » Interest Coverage

Zijing International Financial Holdings (HKSE:08340) Interest Coverage : N/A (As of Dec. 2024)


View and export this data going back to 2008. Start your Free Trial

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


HKSE:08340's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 20.545
* 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.


Zijing International Financial Holdings Interest Coverage Historical Data

The historical data trend for Zijing International Financial 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.

* Premium members only.

Zijing International Financial Holdings Interest Coverage Chart

Zijing International Financial Holdings 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 - 60.54 - - 1.86

Zijing International Financial 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 N/A No Debt No Debt No Debt N/A

Competitive Comparison of Zijing International Financial Holdings's Interest Coverage

For the Capital Markets subindustry, Zijing International Financial 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.


Zijing International Financial Holdings's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Zijing International Financial Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zijing International Financial Holdings's Interest Coverage falls into.


;
;

Zijing International Financial 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.

Zijing International Financial 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, Zijing International Financial Holdings's Interest Expense was HK$-1.49 Mil. Its Operating Income was HK$2.78 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.19 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*2.775/-1.491
=1.86

Zijing International Financial Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Zijing International Financial 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$1.19 Mil.

GuruFocus does not calculate Zijing International Financial 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.


Zijing International Financial Holdings  (HKSE:08340) 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 .


Zijing International Financial Holdings Interest Coverage Related Terms

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


Zijing International Financial Holdings Business Description

Traded in Other Exchanges
N/A
Address
6-8 Harbour Road, Suite 2112, 21st Floor, Shui On Centre, Wanchai Provience, Hong Kong, HKG
Zijing International Financial Holdings Ltd is an Investment holding company, along with its subsidiaries it provides financial services in Hong Kong and Singapore. Its reportable segments are Corporate financial advisory services, Advising on securities and asset management services, and Car rental business. It generates the majority of its revenue from Corporate financial advisory services. It operates in two principal geographical areas Hong Kong and Singapore, in which it generates the majority of its revenue from Hong Kong.
Executives
Ma Kun 2101 Beneficial owner
Lee Chun Wai 2101 Beneficial owner
Kerry Investment Services Limited 2101 Beneficial owner

Zijing International Financial Holdings Headlines

No Headlines