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Zhanling International (Zhanling International) Interest Coverage : No Debt (1) (As of Mar. 2024)


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What is Zhanling International 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. Zhanling International's Operating Income for the three months ended in Mar. 2024 was $-0.01 Mil. Zhanling International's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Zhanling International has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Zhanling International Ltd has enough cash to cover all of its debt. Its financial situation is stable.

(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 Zhanling International's Interest Coverage or its related term are showing as below:

ZLME' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


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

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


Zhanling International Interest Coverage Historical Data

The historical data trend for Zhanling International'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.

Zhanling International Interest Coverage Chart

Zhanling International Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt - No Debt

Zhanling International Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Zhanling International's Interest Coverage

For the Shell Companies subindustry, Zhanling International'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.


Zhanling International's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Zhanling International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zhanling International's Interest Coverage falls into.



Zhanling International 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.

Zhanling International'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, Zhanling International's Interest Expense was $0.00 Mil. Its Operating Income was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Zhanling International had no debt (1).

Zhanling International's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Zhanling International'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.

Zhanling International 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.


Zhanling International  (OTCPK:ZLME) 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 .


Zhanling International Interest Coverage Related Terms

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


Zhanling International (Zhanling International) Business Description

Traded in Other Exchanges
N/A
Address
9 Science Museum Road, Unit 305-306, 3rd Floor, New East Ocean Centre, Tsim Sha Tsui, Hong Kong, HKG, 999077
Zhanling International Ltd is an investment company and plans to acquire companies in large consumption platforms in China. The company's sole purpose is to target and complete a merger or acquisition with a private entity. It intends to acquire assets or shares of an entity actively engaged in the profitable business of a large consumption platform, in exchange for the company's securities.
Executives
Lee C.k. director, officer: Chief Financial Officer SUITE 2201, 22/F MALAYSIA BUILDING,, 50 GLOUCESTER ROAD, WANCHAI K3 00000
Loke Gilbert director SUITE 2201, 22/F MALAYSIA BUILDING,, 50 GLOUCESTER ROAD, WANCHAI K3 00000
Tan Sri Barry Goh Ming Choon director, 10 percent owner, officer: Chief Executive Officer NO.45,47&49,JALAN USJ 21/11 47630 UEP SUBANG JAYA SELANGOR DARUL EHSAN N8 000
Boon Hee Law director NO.45,47&49, JALAN USJ 21/11 47630 UEP SUBANG JAYA SELANGOR DARUL EHSAN N8 000
Kai Chee Soo director NO.45, 47&49, JALAN USJ 21/11 47630 UEP SUBANG JAYA SELANGOR DARUL EHSAN N8 000
Dato' Danny Goh Meng Keong director NO.45, 47&49, JALAN USJ 21/11 47630 UEP SUBANG JAYA SELANGOR DARUL EHSAN N8 000
Dato' John Looi Teh Sung director NO.45,47&49, JALAN USJ 21/11 47630 UEP SUBANG JAYA SELANGOR DARUL EHSAN N8 000
Kok Lee Michael Teh director NO.45,47&49, JALAN USJ 21/11 47630 UEP SUBANG JAYA SELANGOR DARUL EHSAN N8 000

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