Hutchison Whampoa (HKSE:00013) Interest Coverage : 6.01 (As of Dec. 2014)

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

What is Hutchison Whampoa 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. Hutchison Whampoa's Operating Income for the six months ended in Dec. 2014 was HK$20,507 Mil. Hutchison Whampoa's Interest Expense for the six months ended in Dec. 2014 was HK$-3,413 Mil. Hutchison Whampoa's interest coverage for the quarter that ended in Dec. 2014 was 6.01. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:00013' s Interest Coverage Range Over the Past 10 Years
Min: 0.73 Med: 2.55 Max: 9999.99
Current: 4.76

HKSE:00013's Interest Coverage is not ranked
in the Retail - Cyclical industry.
Industry Median: 7.87 vs HKSE:00013: 4.76

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

Hutchison Whampoa Interest Coverage Historical Data

The historical data trend for Hutchison Whampoa'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.

Hutchison Whampoa Interest Coverage Chart

Hutchison Whampoa Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Interest Coverage

Get a 7-Day Free Trial

2.44

N/A

2.55

3.93

4.76

Hutchison Whampoa Semi-Annual Data
	Dec99	Dec04	Dec05	Dec06	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Interest Coverage	Get a 7-Day Free Trial														2.78	2.88	5.40	3.67	6.01

Competitive Comparison of Hutchison Whampoa's Interest Coverage

For the Department Stores subindustry, Hutchison Whampoa'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.

Hutchison Whampoa's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hutchison Whampoa's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hutchison Whampoa's Interest Coverage falls into.

Hutchison Whampoa 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.

Hutchison Whampoa's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as

Here, for the fiscal year that ended in Dec. 2014, Hutchison Whampoa's Interest Expense was HK$-7,317 Mil. Its Operating Income was HK$34,849 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$213,332 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2014 )	/	Interest Expense (A: Dec. 2014 )
	=	-1	*	34849	/	-7317
	=	4.76

Hutchison Whampoa's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Here, for the six months ended in Dec. 2014, Hutchison Whampoa's Interest Expense was HK$-3,413 Mil. Its Operating Income was HK$20,507 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$213,332 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2014 )	/	Interest Expense (Q: Dec. 2014 )
	=	-1	*	20507	/	-3413
	=	6.01

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

Hutchison Whampoa (HKSE:00013) 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 .

Hutchison Whampoa Interest Coverage Related Terms

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

Hutchison Whampoa (HKSE:00013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hutchison Whampoa Ltd (HKSE:00013) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.hutchison-whampoa.com

Hutchison Whampoa Ltd is a multinational conglomerate engaged in the development, innovation and technology in various sector. The Company has six businesses segments: ports and related services, property and hotels, retail, infrastructure, energy, and telecommunications. The Company holds interests in 52 ports comprising 278 operational berths in 26 countries, including container terminals operating in five of the 10 busiest container ports in the world. It also engages in mid-stream operations, river trade, cruise terminal operations and ports related logistics services. It develops and invests in real estate projects, ranging from landmark office buildings to luxury residential properties. It holds a rental property portfolio of approximately 14.0 million square feet of office, commercial, industrial and residential premises, primarily in Hong Kong, as well as interests in a number of joint-venture developments in Mainland China and selective overseas markets. The Company has over 10,500 retail stores in 25 markets worldwide. Its retail portfolio comprises health and beauty products, supermarkets, consumer electronics and electrical appliances. The Company's infrastructure business operates mainly in Hong Kong, the United Kingdom, the Netherlands, the Mainland, Australia, New Zealand and Canada. The Company's investments in energy are principally in Canada, the United States, the Mainland, Taiwan, Greenland and Indonesia. Husky Energy Inc is a listed Canadian-based integrated energy and energy related company. The Company is an operator of mobile telecommunication and data services, and a mobile broadband technology in the world. It is also an owner and operator of fibre-optic fixed line networks in Hong Kong.

Hutchison Whampoa (HKSE:00013) Headlines

No Headlines