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Yanlord Land Group (Yanlord Land Group) Interest Coverage : 3.22 (As of Dec. 2023)


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What is Yanlord Land 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. Yanlord Land Group's Operating Income for the six months ended in Dec. 2023 was $316 Mil. Yanlord Land Group's Interest Expense for the six months ended in Dec. 2023 was $-98 Mil. Yanlord Land Group's interest coverage for the quarter that ended in Dec. 2023 was 3.22. 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. Yanlord Land Group Ltd interest coverage is 4.39, which is low.

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

YLDGY' s Interest Coverage Range Over the Past 10 Years
Min: 4.38   Med: 6.22   Max: 11.25
Current: 4.39


YLDGY's Interest Coverage is ranked better than
52.56% of 1328 companies
in the Real Estate industry
Industry Median: 3.955 vs YLDGY: 4.39

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


Yanlord Land Group Interest Coverage Historical Data

The historical data trend for Yanlord Land 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.

Yanlord Land Group Interest Coverage Chart

Yanlord Land Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.70 4.65 6.65 5.00 4.38

Yanlord Land Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 9.22 6.55 3.67 5.75 3.22

Competitive Comparison of Yanlord Land Group's Interest Coverage

For the Real Estate - Development subindustry, Yanlord Land 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.


Yanlord Land Group's Interest Coverage Distribution in the Real Estate Industry

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

* The bar in red indicates where Yanlord Land Group's Interest Coverage falls into.



Yanlord Land 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.

Yanlord Land 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, Yanlord Land Group's Interest Expense was $-182 Mil. Its Operating Income was $796 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,915 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*795.953/-181.538
=4.38

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

Here, for the six months ended in Dec. 2023, Yanlord Land Group's Interest Expense was $-98 Mil. Its Operating Income was $316 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,915 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*315.896/-98.113
=3.22

* 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.


Yanlord Land Group  (OTCPK:YLDGY) 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 .


Yanlord Land Group Interest Coverage Related Terms

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


Yanlord Land Group (Yanlord Land Group) Business Description

Traded in Other Exchanges
Address
9 Temasek Boulevard, No. 36-02 Suntec Tower Two, Singapore, SGP, 038989
Yanlord Land Group Ltd develops properties for sale or rental. The company's segment includes Property development; Property investment and hotel operations; Property management and others. It generates maximum revenue from the Property development segment. The Property development segment includes the development of residential, commercial, and other properties. Geographically, it derives a majority of its revenue from PRC.

Yanlord Land Group (Yanlord Land Group) Headlines

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