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Transtech Optelecom Science Holdings (HKSE:09963) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Transtech Optelecom Science Holdings 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. Transtech Optelecom Science Holdings's Operating Income for the six months ended in Dec. 2024 was HK$-8.1 Mil. Transtech Optelecom Science Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-0.8 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Transtech Optelecom Science Holdings's Interest Coverage or its related term are showing as below:


HKSE:09963's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.08
* Ranked among companies with meaningful Interest Coverage only.

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


Transtech Optelecom Science Holdings Interest Coverage Historical Data

The historical data trend for Transtech Optelecom Science Holdings'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.

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Transtech Optelecom Science Holdings Interest Coverage Chart

Transtech Optelecom Science Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.45 - 3.96 - -

Transtech Optelecom Science Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 3.34 3.03 - - -

Competitive Comparison of Transtech Optelecom Science Holdings's Interest Coverage

For the Communication Equipment subindustry, Transtech Optelecom Science 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.


Transtech Optelecom Science Holdings's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Transtech Optelecom Science Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Transtech Optelecom Science Holdings's Interest Coverage falls into.


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Transtech Optelecom Science 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

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.

Transtech Optelecom Science Holdings's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Transtech Optelecom Science Holdings's Interest Expense was HK$-1.6 Mil. Its Operating Income was HK$-21.9 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Transtech Optelecom Science Holdings did not have earnings to cover the interest expense.

Transtech Optelecom Science Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Transtech Optelecom Science Holdings's Interest Expense was HK$-0.8 Mil. Its Operating Income was HK$-8.1 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Transtech Optelecom Science Holdings did not have earnings to cover the interest expense.

* 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.


Transtech Optelecom Science Holdings  (HKSE:09963) 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 .


Transtech Optelecom Science Holdings Interest Coverage Related Terms

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


Transtech Optelecom Science Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Transtech Optelecom Science Holdings Ltd is engaged in the manufacturing and sale of optical fibre in Hong Kong and optical fibre cable, flame-retardant optical fibre cable and non-metallic optical fibre cable and related products in Thailand. The company has two segments, namely Optical fibre cables, optical cable cores and other related products, which is located in Thailand; and Optical fibres, which is located in Hong Kong. The maximum revenue is earned from Thailand.
Executives
Wang Jianyi
Fu Tong Guang Xian Xiang Gang You Xian Gong Si
Fu Tong Ji Tuan You Xian Gong Si
Hang Zhou Fu Tong Guang Tong Xin Tou Zi You Xian Gong Si
Hang Zhou Fu Tong Tou Zi You Xian Gong Si

Transtech Optelecom Science Holdings Headlines

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