GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Metropolis Capital Holdings Ltd (HKSE:08621) » Definitions » Interest Coverage

Metropolis Capital Holdings (HKSE:08621) Interest Coverage : N/A (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Metropolis Capital 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. Metropolis Capital Holdings's Operating Income for the three months ended in Dec. 2023 was HK$-13.15 Mil. Metropolis Capital Holdings's Interest Expense for the three months ended in Dec. 2023 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 Metropolis Capital Holdings's Interest Coverage or its related term are showing as below:


HKSE:08621's Interest Coverage is not ranked *
in the Credit Services industry.
Industry Median: 69.18
* 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.


Metropolis Capital Holdings Interest Coverage Historical Data

The historical data trend for Metropolis Capital 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.

Metropolis Capital Holdings Interest Coverage Chart

Metropolis Capital Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial - 3.55 0.05 - N/A

Metropolis Capital Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 18.85 No Debt N/A

Competitive Comparison of Metropolis Capital Holdings's Interest Coverage

For the Credit Services subindustry, Metropolis Capital 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.


Metropolis Capital Holdings's Interest Coverage Distribution in the Credit Services Industry

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

* The bar in red indicates where Metropolis Capital Holdings's Interest Coverage falls into.



Metropolis Capital 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.

Metropolis Capital Holdings's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Metropolis Capital Holdings's Interest Expense was HK$0.00 Mil. Its Operating Income was HK$-7.09 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3.70 Mil.

GuruFocus does not calculate Metropolis Capital Holdings's interest coverage with the available data.

Metropolis Capital Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Metropolis Capital Holdings's Interest Expense was HK$0.00 Mil. Its Operating Income was HK$-13.15 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3.70 Mil.

GuruFocus does not calculate Metropolis Capital 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.


Metropolis Capital Holdings  (HKSE:08621) 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 .


Metropolis Capital Holdings Interest Coverage Related Terms

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


Metropolis Capital Holdings (HKSE:08621) Business Description

Traded in Other Exchanges
N/A
Address
Room 7003A, 887 Huai Hai Zhong Road, Huangpu District, Shanghai, CHN, 200020
Metropolis Capital Holdings Ltd is a financial leasing company engaged in providing customized vehicle finance leasing to its customers. The Group categorizes its vehicle finance leasing into typical finance leasing and sale and leaseback arrangements. Typical finance leasing generally involves the leasing of the vehicle acquired by the company from a vehicle dealer prior to a lease transaction, and The sale and leaseback arrangement generally involves the leasing of a new or second-hand vehicle acquired by its customer from a vehicle dealer prior to a lease transaction. The Group's operation is in the People's Republic of China.
Executives
View Art Investment Limited
Chau David

Metropolis Capital Holdings (HKSE:08621) Headlines

No Headlines