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SMACU (Sino Mercury Acquisition) Interest Coverage : N/A (As of Dec. 2024)


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What is Sino Mercury Acquisition 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 Mercury Acquisition's Operating Income for the six months ended in Dec. 2024 was $0.00 Mil. Sino Mercury Acquisition's Interest Expense for the six months ended in Dec. 2024 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


SMACU's Interest Coverage is not ranked *
in the Credit Services industry.
Industry Median: 69.43
* 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 Mercury Acquisition Interest Coverage Historical Data

The historical data trend for Sino Mercury Acquisition'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 Mercury Acquisition Interest Coverage Chart

Sino Mercury Acquisition Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - N/A - N/A

Sino Mercury Acquisition Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - N/A N/A N/A

Competitive Comparison of Sino Mercury Acquisition's Interest Coverage

For the Credit Services subindustry, Sino Mercury Acquisition'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 Mercury Acquisition's Interest Coverage Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sino Mercury Acquisition's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sino Mercury Acquisition's Interest Coverage falls into.


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Sino Mercury Acquisition 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 Mercury Acquisition's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Sino Mercury Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.62 Mil.

GuruFocus does not calculate Sino Mercury Acquisition's interest coverage with the available data.

Sino Mercury Acquisition's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Sino Mercury Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $9.79 Mil.

GuruFocus does not calculate Sino Mercury Acquisition's interest coverage with the available data.

* 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 Mercury Acquisition  (NAS:SMACU) 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 Mercury Acquisition Interest Coverage Related Terms

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


Sino Mercury Acquisition Business Description

Traded in Other Exchanges
Address
No. 58 Jianguo Road, 1st Floor, Building 1B, Chaoyang District, Beijing, CHN, 100024
Wins Finance Holdings Inc. is an integrated financing solution provider that assists Chinese small and medium enterprises that have limited access to financing and enables them to obtain funding for business development. The Company is focused on identifying value accretive investment opportunities and assets in China and the United States. The Company operates and manages its business in one reportable segment, which is to provide financial services in the PRC domestic market.
Executives
Peilin Zhao 10 percent owner 1908, 19/F, BLOCK 2, NO. 116, GUANGANMENNEIDAJIE, XUANWU XU, BEIJING F4 XXXXXX
Great Finance Holdings Ltd 10 percent owner 1908, 19/F, BLOCK 2, NO. 116 GUANGANMENNEIDAJIE, XUANWU XU BEIJING F4 XXXXXX
Amy He officer: Chief Financial Officer 8TH FLOOR BLOCK 8 AOLINJIATAI BLDG, 1 KEHUIQIAN ST, CHAOYANG DISTRICT, BEIJING F4 00000
Richard Xu director, officer: President and Secretary 65 BROADWAY, SUITE 501, NEW YORK NY 10006
Bradley Reifler director 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Jianming Hao director, 10 percent owner, officer: Chairman and CEO UNIT 106, TERN CENTRE, TOWER II,, 251 QUEEN'S ROAD, CENTRAL, HONG KONG F4 00000
Best Apex Ltd 10 percent owner 590 MADISON AVENUE 21ST FLOOR NEW YORK NY 10022
Aimin Song director 590 MADISON AVENUE 21ST FLOOR NEW YORK NY 10022
Qing Zhu director 590 MADISON AVENUE 21ST FLOOR NEW YORK NY 10022

Sino Mercury Acquisition Headlines

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