WGSK (World Gu Shan Kang Holding Group) Interest Coverage: No Debt (1) (As of Sep. 2020)


What is World Gu Shan Kang Holding Group Interest Coverage?

World Gu Shan Kang Holding Group WGSK Interest Coverage is No Debt (1) as of Sep. 2020.

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. World Gu Shan Kang Holding Group's Operating Income for the three months ended in Sep. 2020 was $-0.01 Mil. World Gu Shan Kang Holding Group's Interest Expense for the three months ended in Sep. 2020 was $0.00 Mil. World Gu Shan Kang Holding Group has no debt. 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 World Gu Shan Kang Holding Group's Interest Coverage or its related term are showing as below:


WGSK's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.

World Gu Shan Kang Holding Group  (OTCPK:WGSK) 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 .

World Gu Shan Kang Holding Group Interest Coverage Related Terms

World Gu Shan Kang Holding Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for World Gu Shan Kang Holding Group'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.

World Gu Shan Kang Holding Group Interest Coverage Chart

World Gu Shan Kang Holding Group Annual Data
Trend Oct09 Dec10 Dec18 Dec19
Interest Coverage
No Debt 649.30 No Debt No Debt

World Gu Shan Kang Holding Group Quarterly Data
Jan09 Jul09 Oct09 Jan10 Apr10 Sep10 Dec10 Mar11 Jun11 Sep11 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 No Debt No Debt No Debt No Debt No Debt

WGSK vs AEY, TAIT: Interest Coverage Comparison

For the Shell Companies subindustry, World Gu Shan Kang Holding Group'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.

World Gu Shan Kang Holding Group Interest Coverage vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, World Gu Shan Kang Holding Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where World Gu Shan Kang Holding Group's Interest Coverage falls into.


World Gu Shan Kang Holding Group 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.

World Gu Shan Kang Holding Group's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, World Gu Shan Kang Holding Group'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.

World Gu Shan Kang Holding Group had no debt (1).

World Gu Shan Kang Holding Group's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Here, for the three months ended in Sep. 2020, World Gu Shan Kang Holding Group's Interest Expense was $0.00 Mil. Its Operating Income was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

World Gu Shan Kang Holding Group had no debt (1).

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
World Gu Shan Kang Holding Group (WGSK) has a Interest Coverage of No Debt (1) as of Sep. 2020. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on World Gu Shan Kang Holding Group and its competitors.
Is World Gu Shan Kang Holding Group's Interest Coverage too high?
World Gu Shan Kang Holding Group's current Interest Coverage is No Debt (1).
How does World Gu Shan Kang Holding Group's Interest Coverage compare to AEY and TAIT?
World Gu Shan Kang Holding Group's Interest Coverage of No Debt (1) can be compared against companies in the Diversified Financial Services industry. The industry median Interest Coverage is 10,000.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Diversified Financial Services company?
The median Interest Coverage among Diversified Financial Services companies is 10,000.00, based on 389 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on World Gu Shan Kang Holding Group and its competitors. For the Diversified Financial Services industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. World Gu Shan Kang Holding Group's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Gu Shan Kang Holding Group stock overvalued right now?
World Gu Shan Kang Holding Group (WGSK) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For World Gu Shan Kang Holding Group (WGSK), the current Interest Coverage is No Debt (1) as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

World Gu Shan Kang Holding Group Business Description

Address 528 Pudong South Road, 16th Floor, North Tower, Shanghai, CHN, 200120
World Gu Shan Kang Holding Group has no operations but intends to develop business or acquire private corporations that are involved in the comprehensive health and wellness, traditional Miao medicine, and new media e-commerce industries that are organized under the laws of the People's Republic of China. Upon consummation, the Company, through its wholly-owned subsidiary, will be involved in research and development, manufacturing, wellness franchise operations, health management, and services in the health and wellness industry.