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Gemdale (SHSE:600383) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Gemdale 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. Gemdale's Operating Income for the three months ended in Mar. 2025 was ¥-234 Mil. Gemdale's Interest Expense for the three months ended in Mar. 2025 was ¥-604 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. Gemdale Corp interest coverage is 1.8, which is low.

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

SHSE:600383' s Interest Coverage Range Over the Past 10 Years
Min: 1.73   Med: 4.13   Max: 11.84
Current: 1.8


SHSE:600383's Interest Coverage is ranked worse than
72.27% of 1327 companies
in the Real Estate industry
Industry Median: 3.99 vs SHSE:600383: 1.80

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


Gemdale Interest Coverage Historical Data

The historical data trend for Gemdale'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.

Gemdale Interest Coverage Chart

Gemdale Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.29 2.45 3.42 2.43 1.73

Gemdale Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 0.16 1.82 5.31 -

Competitive Comparison of Gemdale's Interest Coverage

For the Real Estate - Development subindustry, Gemdale'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.


Gemdale's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gemdale's Interest Coverage distribution charts can be found below:

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


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Gemdale 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.

Gemdale'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, Gemdale's Interest Expense was ¥-2,803 Mil. Its Operating Income was ¥4,848 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥42,478 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*4847.63/-2802.696
=1.73

Gemdale's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Gemdale's Interest Expense was ¥-604 Mil. Its Operating Income was ¥-234 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥41,968 Mil.

Gemdale 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.


Gemdale  (SHSE:600383) 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 .


Gemdale Interest Coverage Related Terms

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


Gemdale Business Description

Traded in Other Exchanges
N/A
Address
No. 2007 Shennan Avenue, Futian Street, 32nd Floor, Gemdale Center, Gangxia Community, Futian District, Shenzhen, Guangdong, CHN, 518026
Gemdale Corp is a China-based company engaged in real estate development. Its businesses include the development and sales and decoration of residences, development and sales and operation of commercial real estate, real estate financing, property service, and community operating, international education featuring tennis and sports business.
Executives
Ling Ke Director
Chen Zhang Chun senior management
Hao Yi Bin senior management
Chen Bi An Director
Wei Chuan Jun Director
Zhang Xiao Feng senior management
Yan Jia Rong senior management
Xu Jia Jun Director
Huang Jun Can Director
Hu Hong Director
Yang Wei Min Supervisors
Wang Yong Supervisors
Li Gang senior management

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