GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ping An Healthcare And Technology Co Ltd (OTCPK:PANHF) » Definitions » Interest Coverage

PANHF (Ping An Healthcare And Technology Co) Interest Coverage : 0 (At Loss) (As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Ping An Healthcare And Technology Co 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. Ping An Healthcare And Technology Co's Operating Income for the six months ended in Jun. 2024 was $-11.8 Mil. Ping An Healthcare And Technology Co's Interest Expense for the six months ended in Jun. 2024 was $-0.2 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 Ping An Healthcare And Technology Co's Interest Coverage or its related term are showing as below:


PANHF's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.165
* 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.


Ping An Healthcare And Technology Co Interest Coverage Historical Data

The historical data trend for Ping An Healthcare And Technology Co'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.

Ping An Healthcare And Technology Co Interest Coverage Chart

Ping An Healthcare And Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only - - - - -

Ping An Healthcare And Technology Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - - -

Competitive Comparison of Ping An Healthcare And Technology Co's Interest Coverage

For the Health Information Services subindustry, Ping An Healthcare And Technology Co'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.


Ping An Healthcare And Technology Co's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ping An Healthcare And Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ping An Healthcare And Technology Co's Interest Coverage falls into.



Ping An Healthcare And Technology Co 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.

Ping An Healthcare And Technology Co'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, Ping An Healthcare And Technology Co's Interest Expense was $-1.0 Mil. Its Operating Income was $-97.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $7.0 Mil.

Ping An Healthcare And Technology Co did not have earnings to cover the interest expense.

Ping An Healthcare And Technology Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, Ping An Healthcare And Technology Co's Interest Expense was $-0.2 Mil. Its Operating Income was $-11.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.7 Mil.

Ping An Healthcare And Technology Co 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.


Ping An Healthcare And Technology Co  (OTCPK:PANHF) 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 .


Ping An Healthcare And Technology Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Ping An Healthcare And Technology Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Ping An Healthcare And Technology Co Business Description

Traded in Other Exchanges
Address
No. 298, Guo Xia Road, 5-9th Floor, Building B, INNO KIC, Yangpu District, Shanghai, CHN
Ping An Healthcare and Technology is the parent of Ping An Good Doctor, or PAGD, an online platform offering healthcare services in the form of a health maintenance organization, or HMO, model that provides commercial healthcare services and offers healthcare checkup, healthcare management, and corporate reimbursement for a fee. The company leverages the network of health providers from its parent Ping An Group, where it enters into contracts with physicians, hospitals, and specialists to offer their services to HMO participants. Other than commercial healthcare premium services, PAGD offers online consultations and prescription e-commerce online to individuals. The platform has 1,748 corporate clients and 17.7 million paying users. PAGD is 38.43% owned by its parent company.