GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Puhui Wealth Investment Management Co Ltd (OTCPK:PHCFF) » Definitions » Interest Coverage

PHCFF (Puhui Wealth Investment Management Co) Interest Coverage : 0 (At Loss) (As of Dec. 2021)


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

What is Puhui Wealth Investment Management 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. Puhui Wealth Investment Management Co's Operating Income for the six months ended in Dec. 2021 was $-1.82 Mil. Puhui Wealth Investment Management Co's Interest Expense for the six months ended in Dec. 2021 was $-0.85 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 Puhui Wealth Investment Management Co's Interest Coverage or its related term are showing as below:


PHCFF's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 47.53
* 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.


Puhui Wealth Investment Management Co Interest Coverage Historical Data

The historical data trend for Puhui Wealth Investment Management 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.

Puhui Wealth Investment Management Co Interest Coverage Chart

Puhui Wealth Investment Management Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Interest Coverage
Get a 7-Day Free Trial No Debt 2.36 - - -

Puhui Wealth Investment Management Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Puhui Wealth Investment Management Co's Interest Coverage

For the Asset Management subindustry, Puhui Wealth Investment Management 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.


Puhui Wealth Investment Management Co's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Puhui Wealth Investment Management Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Puhui Wealth Investment Management Co's Interest Coverage falls into.



Puhui Wealth Investment Management 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.

Puhui Wealth Investment Management Co's Interest Coverage for the fiscal year that ended in Jun. 2021 is calculated as

Here, for the fiscal year that ended in Jun. 2021, Puhui Wealth Investment Management Co's Interest Expense was $-0.18 Mil. Its Operating Income was $-3.93 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.54 Mil.

Puhui Wealth Investment Management Co did not have earnings to cover the interest expense.

Puhui Wealth Investment Management Co's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Here, for the six months ended in Dec. 2021, Puhui Wealth Investment Management Co's Interest Expense was $-0.85 Mil. Its Operating Income was $-1.82 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.20 Mil.

Puhui Wealth Investment Management 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.


Puhui Wealth Investment Management Co  (OTCPK:PHCFF) 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 .


Puhui Wealth Investment Management Co Interest Coverage Related Terms

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


Puhui Wealth Investment Management Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Chang An Street, Room 801, 802, 8th Floor, W1 Office Building, Oriental Commerce Tower, Dong Cheng District, Beijing, CHN, 100006
Puhui Wealth Investment Management Co Ltd is a third-party wealth management service provider. The company is focused on the marketing of financial products, and managing funds for individuals and corporate clients. It generates its revenue from the commissions and recurring service fees generated through wealth management product-related services.

Puhui Wealth Investment Management Co Headlines

From GuruFocus

Puhui Wealth Investment Management Co. Launches Suzhou Office

By PRNewswire PRNewswire 01-16-2019