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ZX (HKSE:09890) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is ZX 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. ZX's Operating Income for the six months ended in Dec. 2024 was HK$329 Mil. ZX's Interest Expense for the six months ended in Dec. 2024 was HK$21 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 ZX's Interest Coverage or its related term are showing as below:

HKSE:09890' s Interest Coverage Range Over the Past 10 Years
Min: 19.65   Med: 26.15   Max: 82.83
Current: 23.22


HKSE:09890's Interest Coverage is ranked worse than
53.69% of 298 companies
in the Interactive Media industry
Industry Median: 28.71 vs HKSE:09890: 23.22

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


ZX Interest Coverage Historical Data

The historical data trend for ZX'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.

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ZX Interest Coverage Chart

ZX Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
- 82.83 28.30 19.65 24.00

ZX Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial N/A 2.37 - - -

Competitive Comparison of ZX's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, ZX'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.


ZX's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, ZX's Interest Coverage distribution charts can be found below:

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


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ZX 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.

ZX'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, ZX's Interest Expense was HK$-9 Mil. Its Operating Income was HK$210 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$42 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*209.632/-8.735
=24.00

ZX's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, ZX's Interest Expense was HK$21 Mil. Its Operating Income was HK$329 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$42 Mil.

* 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.


ZX  (HKSE:09890) 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 .


ZX Interest Coverage Related Terms

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


ZX Business Description

Traded in Other Exchanges
N/A
Address
656 Huangpu Avenue, Floors 41, 62 to 66, Canton Financial Center, Tianhe District, Guangdong Province, Guangzhou, CHN
ZX Inc is a publisher of online game products in China. It is devoted to marketing and operating online games (in particular mobile games) in China. The online games developed by its clients marketed and operated by the company are delivered to players under the Tan Wan brand. The company has enabled the marketing and operation of game products. Its geographic markets are Mainland China, Hong Kong, and Others. It generates revenue from marketing and operating online games and consumer product business, including sales of private-label and local-flavor rice noodle products and other fast consumer foods under the brand Zha Zha Hui.
Executives
Wu Xuan 2307 Founder of a discretionary trust who can infl
Zela Holding Limited 2201 Interest of corporation controlled by you
Hanssen Trust Limited 2301 Trustee
Wu Xubo 2307 Founder of a discretionary trust who can infl
Tmf (cayman) Ltd. 2301 Trustee
Wxland Holding Limited 2201 Interest of corporation controlled by you
Wxland International Ltd 2101 Beneficial owner
Wxland Limited 2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited 2301 Trustee
Wxzela International Ltd 2101 Beneficial owner
Chen Yang 2201 Interest of corporation controlled by you
Wxworld Holding Limited 2101 Beneficial owner

ZX Headlines

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