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Ocean One Holding (HKSE:08476) Interest Coverage : N/A (As of Mar. 2025)


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What is Ocean One Holding 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. Ocean One Holding's Operating Income for the three months ended in Mar. 2025 was HK$0.00 Mil. Ocean One Holding's Interest Expense for the three months ended in Mar. 2025 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ocean One Holding Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Ocean One Holding's Interest Coverage or its related term are showing as below:

HKSE:08476' s Interest Coverage Range Over the Past 10 Years
Min: 7.26   Med: 220.25   Max: 1794.43
Current: 1794.43


HKSE:08476's Interest Coverage is ranked better than
95.18% of 1473 companies
in the Consumer Packaged Goods industry
Industry Median: 8.36 vs HKSE:08476: 1794.43

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


Ocean One Holding Interest Coverage Historical Data

The historical data trend for Ocean One Holding'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.

Ocean One Holding Interest Coverage Chart

Ocean One Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 374.91 654.59 638.96 642.61 796.65

Ocean One Holding Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24 Mar25
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 570.48 598.70 No Debt 1,794.43 N/A

Competitive Comparison of Ocean One Holding's Interest Coverage

For the Packaged Foods subindustry, Ocean One Holding'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.


Ocean One Holding's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ocean One Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ocean One Holding's Interest Coverage falls into.


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Ocean One Holding 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.

Ocean One Holding's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Ocean One Holding's Interest Expense was HK$-0.06 Mil. Its Operating Income was HK$45.41 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.13 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*45.409/-0.057
=796.65

Ocean One Holding's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Ocean One Holding'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$1.13 Mil.

GuruFocus does not calculate Ocean One Holding'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.


Ocean One Holding  (HKSE:08476) 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 .


Ocean One Holding Interest Coverage Related Terms

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


Ocean One Holding Business Description

Traded in Other Exchanges
N/A
Address
36-44 Pak Tin Par Street, Unit B, 5th Floor, Goodwill Industrial Building, Tsuen Wan, Hong Kong, HKG
Ocean One Holding Ltd is a frozen seafood importer and wholesaler in Hong Kong. The company offers frozen seafood products sourced from suppliers located overseas to Frozen Seafood Resellers and Frozen Seafood Catering Service Providers. The company offers a diverse and wide range of frozen seafood products which include prawns, scallops, oysters, surf clams, fishes, crabs, roe, octopuses, cuttlefishes, and others. Geographically, the company derives the majority of its revenue from Hong Kong.
Executives
Karlson Holding Limited 2101 Beneficial owner
Chan Kin Fung 2201 Interest of corporation controlled by you
Tse Chun Ha Amy 2202 Interest of your spouse

Ocean One Holding Headlines

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