GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » RHT Holding Ltd (XMAU:RHT.I0000) » Definitions » Interest Coverage

RHT Holding (XMAU:RHT.I0000) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is RHT Holding 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. RHT Holding's Operating Income for the three months ended in Dec. 2023 was MUR-32.4 Mil. RHT Holding's Interest Expense for the three months ended in Dec. 2023 was MUR-8.6 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


XMAU:RHT.I0000's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.41
* 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.


RHT Holding Interest Coverage Historical Data

The historical data trend for RHT Holding'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.

RHT Holding Interest Coverage Chart

RHT Holding Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

RHT Holding Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of RHT Holding's Interest Coverage

For the Railroads subindustry, RHT Holding'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.


RHT Holding's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, RHT Holding's Interest Coverage distribution charts can be found below:

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



RHT Holding 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.

RHT Holding's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, RHT Holding's Interest Expense was MUR-25.2 Mil. Its Operating Income was MUR-94.7 Mil. And its Long-Term Debt & Capital Lease Obligation was MUR210.0 Mil.

RHT Holding did not have earnings to cover the interest expense.

RHT Holding's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, RHT Holding's Interest Expense was MUR-8.6 Mil. Its Operating Income was MUR-32.4 Mil. And its Long-Term Debt & Capital Lease Obligation was MUR0.0 Mil.

RHT Holding 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.


RHT Holding  (XMAU:RHT.I0000) 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 .


RHT Holding Interest Coverage Related Terms

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


RHT Holding (XMAU:RHT.I0000) Business Description

Traded in Other Exchanges
N/A
Address
32 (Ex. 14), Hugnin Road, Rose Hill, MUS
RHT Holding Ltd is an investment holding company. The company's segment includes Mobility; Investment and Technology. It generates maximum revenue from the Mobility segment. Geographically, it operates in Mauritius, Zambia and Uganda, out of which it derives a majority of revenue from Mauritius.

RHT Holding (XMAU:RHT.I0000) Headlines

No Headlines