Enviro-Hub Holdings (SGX:L23) Interest Coverage : 0 (At Loss) (As of Dec. 2023)

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What is Enviro-Hub Holdings 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. Enviro-Hub Holdings's Operating Income for the six months ended in Dec. 2023 was S$-0.09 Mil. Enviro-Hub Holdings's Interest Expense for the six months ended in Dec. 2023 was S$-1.41 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Enviro-Hub Holdings Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Enviro-Hub Holdings's Interest Coverage or its related term are showing as below:

SGX:L23' s Interest Coverage Range Over the Past 10 Years
Min: 0.09 Med: 0.67 Max: 1.15
Current: 0.24

SGX:L23's Interest Coverage is ranked worse than
98.82% of 170 companies
in the Waste Management industry
Industry Median: 5.035 vs SGX:L23: 0.24

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

Enviro-Hub Holdings Interest Coverage Historical Data

The historical data trend for Enviro-Hub Holdings'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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Enviro-Hub Holdings Interest Coverage Chart

Enviro-Hub Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

0.09

0.67

0.24

Enviro-Hub Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial															1.98	3.18	-	0.55	-

Competitive Comparison of Enviro-Hub Holdings's Interest Coverage

For the Waste Management subindustry, Enviro-Hub Holdings'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.

Enviro-Hub Holdings's Interest Coverage Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Enviro-Hub Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Enviro-Hub Holdings's Interest Coverage falls into.

Enviro-Hub Holdings 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.

Enviro-Hub Holdings'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, Enviro-Hub Holdings's Interest Expense was S$-2.81 Mil. Its Operating Income was S$0.68 Mil. And its Long-Term Debt & Capital Lease Obligation was S$42.59 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	0.682	/	-2.812
	=	0.24

Enviro-Hub Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Enviro-Hub Holdings's Interest Expense was S$-1.41 Mil. Its Operating Income was S$-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation was S$42.59 Mil.

Enviro-Hub Holdings did not have earnings to cover the interest expense.

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

Enviro-Hub Holdings (SGX:L23) 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 .

Enviro-Hub Holdings Interest Coverage Related Terms

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

Enviro-Hub Holdings (SGX:L23) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Enviro-Hub Holdings Ltd (SGX:L23) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Gul Crescent, Singapore, SGP, 629519

Website

http://www.enviro-hub.com

Enviro-Hub Holdings Ltd is a recycling and waste management company. It operates in the business segment of The Trading, recycling and refining of e-waste/metals segment, which is the key revenue-driving segment, which involves the trading, recycling and refining of electronic waste (e-waste) and metals, comprising the recycling, extraction and refining of PGM and copper. The Piling contracts, construction, rental and servicing of machinery segment relate to the provision of piling, building and construction-related engineering and technical services as well as rental and servicing of machinery. Its other segments are Property investments and management; Manufacturing and trading of healthcare products, and Others. It derives revenue from Singapore and other countries.

Enviro-Hub Holdings (SGX:L23) Headlines

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