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Yufengchang Holdings (HKSE:08631) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Yufengchang 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. Yufengchang Holdings's Operating Income for the three months ended in Sep. 2024 was HK$-3.09 Mil. Yufengchang Holdings's Interest Expense for the three months ended in Sep. 2024 was HK$-0.15 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


HKSE:08631's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.8
* 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.


Yufengchang Holdings Interest Coverage Historical Data

The historical data trend for Yufengchang 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.

Yufengchang Holdings Interest Coverage Chart

Yufengchang Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 24.68 - - - -

Yufengchang Holdings 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 - 4.95 5.12 No Debt -

Competitive Comparison of Yufengchang Holdings's Interest Coverage

For the Oil & Gas Refining & Marketing subindustry, Yufengchang 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.


Yufengchang Holdings's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Yufengchang Holdings's Interest Coverage distribution charts can be found below:

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


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Yufengchang 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.

Yufengchang Holdings'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, Yufengchang Holdings's Interest Expense was HK$-0.63 Mil. Its Operating Income was HK$-2.01 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Yufengchang Holdings did not have earnings to cover the interest expense.

Yufengchang Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Yufengchang Holdings's Interest Expense was HK$-0.15 Mil. Its Operating Income was HK$-3.09 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Yufengchang Holdings did not have earnings to cover the interest expense.

* 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.


Yufengchang Holdings  (HKSE:08631) 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 .


Yufengchang Holdings Interest Coverage Related Terms

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Yufengchang Holdings Business Description

Traded in Other Exchanges
N/A
Address
Section C of Lot No.1345 in D.D.121, Yuen Long, New Territories, Hong Kong, HKG
Yufengchang Holdings Ltd Formerly Sun Kong Holdings Ltd is an investment holding company engaged in the sales of diesel oil, steam coal, and related products in Hong Kong. The company's sale services include sourcing diesel oil through oil trading companies, dispatching its fleet of diesel tank wagons to collect diesel oil from oil depots designated by its suppliers, and delivering diesel oil to destinations designated by the company's customers. It derives revenue from the sales of diesel oil, diesel exhaust fluid. All of the group's revenue is derived from Hong Kong.
Executives
Hong Kong Yufengchang Co., Ltd. 2101 Beneficial owner
Yufengchang International Holdings Co., Ltd. 2101 Beneficial owner
Wang Xin Long 2201 Interest of corporation controlled by you
Fully Fort Group Limited 2101 Beneficial owner
Law Ming Yik 2101 Beneficial owner

Yufengchang Holdings Headlines

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