QPL International Holdings (HKSE:00243) Interest Coverage : 23.28 (As of Oct. 2023)

QPL International Holdings Interest Coverage Chart

QPL International Holdings Annual Data
	Trend	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Apr22	Apr23
Interest Coverage		Get a 7-Day Free Trial					2,004.38	23.13	39.04	47.75	22.31

QPL International Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Interest Coverage	Get a 7-Day Free Trial															41.97	55.96	44.01	6.39	23.28

Competitive Comparison of QPL International Holdings's Interest Coverage

For the Semiconductors subindustry, QPL International Holdings'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.

QPL International Holdings's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, QPL International Holdings's Interest Coverage distribution charts can be found below:

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

QPL International Holdings 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

QPL International Holdings's Interest Coverage for the fiscal year that ended in Apr. 2023 is calculated as

Here, for the fiscal year that ended in Apr. 2023, QPL International Holdings's Interest Expense was HK$-1.8 Mil. Its Operating Income was HK$39.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.4 Mil.

QPL International Holdings's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Here, for the six months ended in Oct. 2023, QPL International Holdings's Interest Expense was HK$-0.7 Mil. Its Operating Income was HK$17.1 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

* 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.

QPL International Holdings  (HKSE:00243) 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 .

QPL International Holdings Interest Coverage Related Terms

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

QPL International Holdings (HKSE:00243) Business Description