YH Entertainment Group (YH Entertainment Group) Interest Coverage : 15.78 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is YH Entertainment Group 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. YH Entertainment Group's Operating Income for the six months ended in Dec. 2023 was $4.0 Mil. YH Entertainment Group's Interest Expense for the six months ended in Dec. 2023 was $-0.3 Mil. YH Entertainment Group's interest coverage for the quarter that ended in Dec. 2023 was 15.78. The higher the ratio, the stronger the company's financial strength is.

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

YHEGF' s Interest Coverage Range Over the Past 10 Years
Min: 6.16 Med: 33.19 Max: 114.67
Current: 6.16

YHEGF's Interest Coverage is ranked worse than
61.44% of 612 companies
in the Media - Diversified industry
Industry Median: 11.615 vs YHEGF: 6.16

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

YH Entertainment Group Interest Coverage Historical Data

The historical data trend for YH Entertainment 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.

* Premium members only.

YH Entertainment Group Interest Coverage Chart

YH Entertainment Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

114.65

66.76

12.02

33.17

6.15

YH Entertainment Group Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial			N/A	32.93	33.83	-	15.78

Competitive Comparison of YH Entertainment Group's Interest Coverage

For the Entertainment subindustry, YH Entertainment 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.

YH Entertainment Group's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, YH Entertainment Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where YH Entertainment Group's Interest Coverage falls into.

YH Entertainment 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.

YH Entertainment Group'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, YH Entertainment Group's Interest Expense was $-0.6 Mil. Its Operating Income was $3.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $38.2 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	3.446	/	-0.56
	=	6.15

YH Entertainment Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, YH Entertainment Group's Interest Expense was $-0.3 Mil. Its Operating Income was $4.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $38.2 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	4.024	/	-0.255
	=	15.78

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

YH Entertainment Group (OTCPK:YHEGF) 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 .

YH Entertainment Group Interest Coverage Related Terms

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

YH Entertainment Group (YH Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » YH Entertainment Group (OTCPK:YHEGF) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

02306:Hong Kong

Address

No. 27 West Dawang Road, Room 150, Building 119, Chaoyang District, Beijing, CHN

Website

https://www.yuehuamusic.com

YH Entertainment Group is an artist management company in China. The company has grown into a cultural and entertainment platform comprising three complementary business segments artist management, music IP production and operation, and pan-entertainment business. The artist management business, provides services to customers, including corporate customers, media platforms, content producers, and advertising agencies, by arranging for managed artists to participate in commercial activities and perform in movies, drama series, and a variety of programs. With the music IP production and operation business, the company licenses the music IPs in the library to music streaming platforms and other music service providers for licensing fees and sells digital and physical copies of music IPs.

YH Entertainment Group (YH Entertainment Group) Headlines

No Headlines