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Wan Leader International (HKSE:08482) Interest Coverage : N/A (As of Sep. 2024)


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What is Wan Leader International 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. Wan Leader International's Operating Income for the three months ended in Sep. 2024 was HK$0.00 Mil. Wan Leader International's Interest Expense for the three months ended in Sep. 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 Wan Leader International's Interest Coverage or its related term are showing as below:


HKSE:08482's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 6.155
* 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.


Wan Leader International Interest Coverage Historical Data

The historical data trend for Wan Leader International'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.

Wan Leader International Interest Coverage Chart

Wan Leader International Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only - 17.06 61.71 - -

Wan Leader International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 Wan Leader International's Interest Coverage

For the Integrated Freight & Logistics subindustry, Wan Leader International'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.


Wan Leader International's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wan Leader International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wan Leader International's Interest Coverage falls into.


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Wan Leader International 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.

Wan Leader International's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Wan Leader International's Interest Expense was HK$-0.10 Mil. Its Operating Income was HK$-25.03 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.35 Mil.

Wan Leader International did not have earnings to cover the interest expense.

Wan Leader International's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Wan Leader International'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$0.14 Mil.

GuruFocus does not calculate Wan Leader International'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.


Wan Leader International  (HKSE:08482) 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 .


Wan Leader International Interest Coverage Related Terms

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


Wan Leader International Business Description

Traded in Other Exchanges
N/A
Address
18 Container Port Road South, Office Tower Unit 903, Hutchison Logistics Centre, Terminal 4, Kwai Chung Container Port, Kwai Chung, New Territories, HKG
Wan Leader International Ltd is an investment holding company and the principal activities of its subsidiaries include the provision of freight forwarding and related logistics services and the provision of entrusted management services for operating an online e-commerce platform and Trading of fashion items. It generates maximum revenue from the Freight forwarding and related logistics services segment. Geographically, it generates the majority of its revenue from Hongkong.
Executives
Liao Daichun 2101 Beneficial owner
Zhao Rongjing 2202 Interest of your spouse
Cargo Man Logistics Company Limited 2101 Beneficial owner
Tan Cheung Kenneth 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Hongkong Zcft International Limited 2101 Beneficial owner
Qu Tianyun 2101 Beneficial owner
Zhao Rongjing 2202 Interest of your spouse
Luo Honghui 2101 Beneficial owner
Ho Tat Limited 2101 Beneficial owner
Kong Sau Ming 2202 Interest of your spouse
Loy Hak Moon 2401 A concert party to an agreement to buy shares
Loy Hak Yu Thomas 2201 Interest of corporation controlled by you
Siu Pui Sum 2202 Interest of your spouse
Zhong Yue Hui Shen Zhen Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

Wan Leader International Headlines

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