PMAX (Powell Max) Interest Coverage : 0 (At Loss) (As of Dec. 2024)

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What is Powell Max 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. Powell Max's Operating Income for the six months ended in Dec. 2024 was $-2.43 Mil. Powell Max's Interest Expense for the six months ended in Dec. 2024 was $-0.23 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 Powell Max's Interest Coverage or its related term are showing as below:

PMAX's Interest Coverage is not ranked ^*
in the Business Services industry.
Industry Median: 13.32
* 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.

Powell Max Interest Coverage Historical Data

The historical data trend for Powell Max'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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Powell Max Interest Coverage Chart

Powell Max Annual Data

Trend

Dec22

Dec23

Dec24

Interest Coverage

13.80

Powell Max Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	N/A	13.32	14.75	4.84	-

Competitive Comparison of Powell Max's Interest Coverage

For the Specialty Business Services subindustry, Powell Max'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.

Powell Max's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Powell Max's Interest Coverage distribution charts can be found below:

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

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Powell Max 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.

Powell Max'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, Powell Max's Interest Expense was $-0.26 Mil. Its Operating Income was $-2.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.13 Mil.

Powell Max did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2024, Powell Max's Interest Expense was $-0.23 Mil. Its Operating Income was $-2.43 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.13 Mil.

Powell Max did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Powell Max (NAS:PMAX) 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 .

Powell Max Interest Coverage Related Terms

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

Powell Max Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Powell Max Ltd (NAS:PMAX) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

13-14 Connaught Road Central, 22th floor, Euro Trade Centre, Hong Kong, HKG

Website

https://www.janfp.com

Powell Max Ltd is an financial communications services provider. Its financial communications services cover a full range of financial printing, corporate reporting, communications and language support services from inception to completion, including typesetting, proofreading, translation, design, printing, electronic reporting, newspaper placement and distribution. It operates in a single business segment which is the provision of corporate financial communications and financial printing services. All operations are carried in Hong Kong.