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Well Link Securities Holdings (HKSE:08350) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is Well Link Securities 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. Well Link Securities Holdings's Operating Income for the three months ended in Dec. 2024 was HK$0.00 Mil. Well Link Securities Holdings's Interest Expense for the three months ended in Dec. 2024 was HK$0.00 Mil. Well Link Securities Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Well Link Securities Holdings's Interest Coverage or its related term are showing as below:

HKSE:08350' s Interest Coverage Range Over the Past 10 Years
Min: 5.72   Med: No Debt   Max: No Debt
Current: 8.78


HKSE:08350's Interest Coverage is ranked worse than
60.26% of 458 companies
in the Capital Markets industry
Industry Median: 20.545 vs HKSE:08350: 8.78

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


Well Link Securities Holdings Interest Coverage Historical Data

The historical data trend for Well Link Securities 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.

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Well Link Securities Holdings Interest Coverage Chart

Well Link Securities 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 - - - 5.72 8.25

Well Link Securities 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 11.15 33.25 - No Debt No Debt

Competitive Comparison of Well Link Securities Holdings's Interest Coverage

For the Capital Markets subindustry, Well Link Securities 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.


Well Link Securities Holdings's Interest Coverage Distribution in the Capital Markets Industry

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

* The bar in red indicates where Well Link Securities Holdings's Interest Coverage falls into.


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Well Link Securities 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.

Well Link Securities 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, Well Link Securities Holdings's Interest Expense was HK$-1.08 Mil. Its Operating Income was HK$8.91 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*8.907/-1.08
=8.25

Well Link Securities Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Well Link Securities 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$0.00 Mil.

Well Link Securities Holdings had no debt (1).

* 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.


Well Link Securities Holdings  (HKSE:08350) 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 .


Well Link Securities Holdings Interest Coverage Related Terms

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


Well Link Securities Holdings Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Unit 13-15, 11th floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
Well Link Securities Holdings Ltd is a company that mainly provides brokerage services for futures, securities, and options traded on the exchanges in Hong Kong, the United States, Japan, Singapore, and the United Kingdom. The company also provides margin financing business and money lending businesses. It has two segments: Brokerage services, margin financing, and related advisory services, and Money lending, out of which the maximum revenue is derived from Brokerage services, margin financing, and related advisory services.
Executives
Xu Chujia 2201 Interest of corporation controlled by you
Zhang Meijuan 2101 Beneficial owner
Well Link Fintech Holdings Limited 2101 Beneficial owner
Xu Chujia 2201 Interest of corporation controlled by you
Chan Ying Leung 2103 Interests held jointly with another person
Poon Kwok Wah Allan 2103 Interests held jointly with another person

Well Link Securities Holdings Headlines

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