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Dickson Concepts (International) (Dickson Concepts (International)) Interest Coverage : 6.36 (As of Sep. 2023)


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What is Dickson Concepts (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. Dickson Concepts (International)'s Operating Income for the six months ended in Sep. 2023 was $28.3 Mil. Dickson Concepts (International)'s Interest Expense for the six months ended in Sep. 2023 was $-4.4 Mil. Dickson Concepts (International)'s interest coverage for the quarter that ended in Sep. 2023 was 6.36. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Dickson Concepts (International)'s Interest Coverage or its related term are showing as below:

DCOHF' s Interest Coverage Range Over the Past 10 Years
Min: 5.72   Med: 13.2   Max: 108.98
Current: 5.72


DCOHF's Interest Coverage is ranked worse than
57.94% of 756 companies
in the Retail - Cyclical industry
Industry Median: 7.87 vs DCOHF: 5.72

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


Dickson Concepts (International) Interest Coverage Historical Data

The historical data trend for Dickson Concepts (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.

Dickson Concepts (International) Interest Coverage Chart

Dickson Concepts (International) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.87 - 15.51 9.37 6.92

Dickson Concepts (International) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 12.66 6.25 9.99 5.02 6.36

Competitive Comparison of Dickson Concepts (International)'s Interest Coverage

For the Luxury Goods subindustry, Dickson Concepts (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.


Dickson Concepts (International)'s Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dickson Concepts (International)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dickson Concepts (International)'s Interest Coverage falls into.



Dickson Concepts (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.

Dickson Concepts (International)'s Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Dickson Concepts (International)'s Interest Expense was $-6.5 Mil. Its Operating Income was $44.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $56.8 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*44.725/-6.462
=6.92

Dickson Concepts (International)'s Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Dickson Concepts (International)'s Interest Expense was $-4.4 Mil. Its Operating Income was $28.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $52.0 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*28.281/-4.446
=6.36

* 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.


Dickson Concepts (International)  (OTCPK:DCOHF) 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 .


Dickson Concepts (International) Interest Coverage Related Terms

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


Dickson Concepts (International) (Dickson Concepts (International)) Business Description

Traded in Other Exchanges
Address
98 Granville Road, 4th Floor East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
Dickson Concepts (International) Ltd is a Hong Kong-based investment holding company engaged in the manufacturing and distribution of luxury lighters, writing instruments, leather goods, accessories, ready-to-wear clothing, watches and fragrances. The group manages its businesses under two divisions namely, the Luxury Goods and Securities Investment business, of which it generates a majority of revenue from the Luxury goods segment. Geographically the firm has its presence in Hong Kong, Taiwan and other territories, of which key revenue is generated from Hong Kong. The Luxury goods segment includes the sale of luxury goods to retail and wholesale customers and net income from concession and consignment sales.

Dickson Concepts (International) (Dickson Concepts (International)) Headlines