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PFSMF (Perfect Medical Health Management) Interest Coverage : 27.70 (As of Sep. 2024)


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What is Perfect Medical Health Management 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. Perfect Medical Health Management's Operating Income for the six months ended in Sep. 2024 was $20.1 Mil. Perfect Medical Health Management's Interest Expense for the six months ended in Sep. 2024 was $-0.7 Mil. Perfect Medical Health Management's interest coverage for the quarter that ended in Sep. 2024 was 27.70. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Perfect Medical Health Management's Interest Coverage or its related term are showing as below:

PFSMF' s Interest Coverage Range Over the Past 10 Years
Min: 24.23   Med: 5019.2   Max: No Debt
Current: 30.2


PFSMF's Interest Coverage is ranked better than
73.4% of 421 companies
in the Healthcare Providers & Services industry
Industry Median: 8.19 vs PFSMF: 30.20

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


Perfect Medical Health Management Interest Coverage Historical Data

The historical data trend for Perfect Medical Health Management'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.

Perfect Medical Health Management Interest Coverage Chart

Perfect Medical Health Management Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.41 27.17 24.23 31.50 33.97

Perfect Medical Health Management Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 27.29 36.46 35.14 32.78 27.70

Competitive Comparison of Perfect Medical Health Management's Interest Coverage

For the Medical Care Facilities subindustry, Perfect Medical Health Management'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.


Perfect Medical Health Management's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Perfect Medical Health Management's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Perfect Medical Health Management's Interest Coverage falls into.


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Perfect Medical Health Management 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.

Perfect Medical Health Management'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, Perfect Medical Health Management's Interest Expense was $-1.4 Mil. Its Operating Income was $48.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $21.9 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*48.747/-1.435
=33.97

Perfect Medical Health Management's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, Perfect Medical Health Management's Interest Expense was $-0.7 Mil. Its Operating Income was $20.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $18.3 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*20.058/-0.724
=27.70

* 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.


Perfect Medical Health Management  (OTCPK:PFSMF) 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 .


Perfect Medical Health Management Interest Coverage Related Terms

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


Perfect Medical Health Management Business Description

Traded in Other Exchanges
Address
8 Argyle Street, 51th Floor, Langham Place Office Tower, Mong Kok, Kowloon, Hong Kong, HKG
Perfect Medical Health Management Ltd is an investment holding company. Through its subsidiaries, it is engaged in the provision of healthcare and medical beauty services. It offers services such as pain management, hair growth, sleep therapy treatments, fertility care, preventive care, and others. Geographically, the company generates a majority of its revenue from Hong Kong and the rest from regions outside Hong Kong such as the People's Republic of China, Macau, Australia, and Singapore.

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