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Brightstar Technology Group Co (HKSE:08446) Interest Coverage : N/A (As of Dec. 2024)


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


HKSE:08446's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 12.93
* 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.


Brightstar Technology Group Co Interest Coverage Historical Data

The historical data trend for Brightstar Technology Group Co'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.

Brightstar Technology Group Co Interest Coverage Chart

Brightstar Technology Group Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 54.93

Brightstar Technology Group Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 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 Brightstar Technology Group Co's Interest Coverage

For the Rental & Leasing Services subindustry, Brightstar Technology Group Co'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.


Brightstar Technology Group Co's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Brightstar Technology Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Brightstar Technology Group Co's Interest Coverage falls into.


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Brightstar Technology Group Co 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.

Brightstar Technology Group Co'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, Brightstar Technology Group Co's Interest Expense was HK$-0.74 Mil. Its Operating Income was HK$40.82 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$7.71 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*40.815/-0.743
=54.93

Brightstar Technology Group Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Brightstar Technology Group Co'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$7.71 Mil.

GuruFocus does not calculate Brightstar Technology Group Co'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.


Brightstar Technology Group Co  (HKSE:08446) 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 .


Brightstar Technology Group Co Interest Coverage Related Terms

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


Brightstar Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
6 Wing Yip Street, Unit D2, 5/F, Hoi Bun Industrial Building, Kwun Tong, Kowloon, Hong Kong, HKG
Brightstar Technology Group Co Ltd is engaged in the provision of visual display solution services for concerts and events in Hong Kong, Macau and the People's Republic of China, the provision of information technology consulting services in the PRC, and the provision of hotel reservation and convention planning services in the PRC. Its segments include Provision of visual display solution services engaged in visual display solutions services for concerts and events and equipment rental income; Information technology consulting services engaged in one-stop technical consulting services and solutions for e-commerce business platforms; and the metaverse technology business; Hotel reservation and convention planning services engaged in hotel reservation and convention planning services.
Executives
Ma Lie 2201 Interest of corporation controlled by you
St Ma Ltd 2101 Beneficial owner
Yuanyu Enterprise Management Co., Limited 2101 Beneficial owner
Zhou Hongyu 2201 Interest of corporation controlled by you
Next Vision Management Limited 2101 Beneficial owner
Yeung Ho Ting Dennis 2201 Interest of corporation controlled by you
Ma Lie 2201 Interest of corporation controlled by you
Mo Suyun 2201 Interest of corporation controlled by you
Zhongsheng Asset Management Co., Limited 2101 Beneficial owner

Brightstar Technology Group Co Headlines

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