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Sino Green Land (Sino Green Land) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Sino Green Land 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. Sino Green Land's Operating Income for the three months ended in Mar. 2024 was $-0.26 Mil. Sino Green Land's Interest Expense for the three months ended in Mar. 2024 was $-0.02 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Sino Green Land's Interest Coverage or its related term are showing as below:


SGLA's Interest Coverage is not ranked *
in the Waste Management industry.
Industry Median: 4.875
* 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.


Sino Green Land Interest Coverage Historical Data

The historical data trend for Sino Green Land'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.

Sino Green Land Interest Coverage Chart

Sino Green Land Annual Data
Trend May07 May08 Dec09 Dec10 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial 108.42 No Debt No Debt No Debt No Debt

Sino Green Land Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 No Debt No Debt No Debt - -

Competitive Comparison of Sino Green Land's Interest Coverage

For the Waste Management subindustry, Sino Green Land'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.


Sino Green Land's Interest Coverage Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Sino Green Land's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sino Green Land's Interest Coverage falls into.



Sino Green Land 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.

Sino Green Land's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Sino Green Land's Interest Expense was $0.00 Mil. Its Operating Income was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Sino Green Land had no debt (1).

Sino Green Land's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Sino Green Land's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.18 Mil.

Sino Green Land 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.


Sino Green Land  (OTCPK:SGLA) 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 .


Sino Green Land Interest Coverage Related Terms

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


Sino Green Land (Sino Green Land) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 & 5, Jalan Hi Tech 7/7, Kawasan Perindustrian Hi Tech 7, Semenyih, SGR, MYS, 43500
Sino Green Land Corporation is engaged in the wholesale distribution, marketing and sales of high-value fruits and vegetables to wholesale centers and supermarkets in China.
Executives
Wong Ching Wing Elise director 8H, TOWER 21, LAGUNA VERDE, 8 LAGUNA VERDE RD, HUNG HOM, KOWLOON K3 00000
Kuk Ching Wo director, 10 percent owner 8H, TOWER 21, LAGUNA VERDE,, 8 LAGUNA VERDE RD, HUNG HOM, KOWLOON K3 00000
Erin Wong officer: Secretary 8H, TOWER 21, LAGUNA VERDE, 8 LAGUNA VERDE RD, HUNG HOM, KOWLOON K3 00000
Wai Yin Cheng director, 10 percent owner PO BOX 36, PANG F4 0000000000
Liu Ka Lim (louis) director UNIT 7 001-3 IFC 2, CENTRAL K3 0000000000
Huasong Sheena Shen officer: Chief Financial Officer 11 WILLOW ROAD, WESTON CT 06883
Tse Karen Ka Yan director SUITE 2711A, 27/F. EXCHANGE TOWER, 33 WANG CHIU ROAD, KOWLOON BAY, KOWLOON K3 000000
Chan Danvil Kin Hang director SUITE 2711A, 27/F, EXCHANGE TOWER, 33 WANG CHIU ROAD, KOWLOON BAY, KOWLOON K3 0000000
Xiong Luo director, 10 percent owner, officer: Corporate Secretary 5, JALAN DIAMOND 20, DIAMOND RESIDENCE, SEMENYIH, SELANGOR N8 43000
Fong Anson Yiu Ming director, 10 percent owner, officer: Chief Executive and Chairman 6F NO. 947, QIAO XING ROAD, PAN YU DISTRICT, GUANG ZHOU F4 510620
Pan Yan officer: Chief Operating Officer 6/F NO. 947 QIAO XING ROAD, SHI QIAO TOWN, PAN YU DISTRICT, GUANG ZHOU F4 511490
Jeremy Goodwin director 1546 MICHAEL LANE, PACIFIC PALISADES CA 90272
Chi Ming Leung director, officer: CEO and President 6F NO. 947, QIAO XING ROAD, PAN YU DISTRICT, GUANG ZHOU F4 510620
Grand Will Investment Group Ltd. 10 percent owner 6F NO. 947, QIAO XING ROAD, PAN YU DISTRICT, GUANG ZHOU F4 510620
Logo International Holdings Ltd. 10 percent owner 6F NO. 947, QIAO XING ROAD, PAN YU DISTRICT, GUANG ZHOU F4 510620

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