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HQDA Elderly Life Network (HQDA Elderly Life Network) Interest Coverage

: No Debt (1) (As of Mar. 2022)
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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. HQDA Elderly Life Network's Operating Income for the three months ended in Mar. 2022 was $-0.01 Mil. HQDA Elderly Life Network's Interest Expense for the three months ended in Mar. 2022 was $0.00 Mil. HQDA Elderly Life Network has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 HQDA Elderly Life Network's Interest Coverage or its related term are showing as below:


HQDA's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 9.17
* 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.


HQDA Elderly Life Network Interest Coverage Historical Data

The historical data trend for HQDA Elderly Life Network'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.

HQDA Elderly Life Network Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - No Debt No Debt No Debt

HQDA Elderly Life Network Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison

For the Medical Care Facilities subindustry, HQDA Elderly Life Network'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.


HQDA Elderly Life Network Interest Coverage Distribution

For the Healthcare Providers & Services industry and Healthcare sector, HQDA Elderly Life Network's Interest Coverage distribution charts can be found below:

* The bar in red indicates where HQDA Elderly Life Network's Interest Coverage falls into.



HQDA Elderly Life Network 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.

HQDA Elderly Life Network's Interest Coverage for the fiscal year that ended in Jun. 2021 is calculated as

Here, for the fiscal year that ended in Jun. 2021, HQDA Elderly Life Network's Interest Expense was $0.00 Mil. Its Operating Income was $-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

HQDA Elderly Life Network had no debt (1).

HQDA Elderly Life Network's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the three months ended in Mar. 2022, HQDA Elderly Life Network'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.

HQDA Elderly Life Network 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.


HQDA Elderly Life Network  (OTCPK:HQDA) 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 .


HQDA Elderly Life Network Interest Coverage Related Terms

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


HQDA Elderly Life Network (HQDA Elderly Life Network) Business Description

Traded in Other Exchanges
N/A
Address
8780 Valley Boulevard, Suite J, Rosemead, CA, USA, 91770
HQDA Elderly Life Network Corp is engaged in providing seniors living residences with a supportive, home life setting with care and services, including activities of daily living, life enrichment, and health and wellness in certain cities in China. The company also operates a network carrier, providing scheduled air transportation to passengers, and travel destination services to leisure travelers. It operates in a single segment being senior housing and retirement services.
Executives
Ann-marie Cederholm director, officer: CFO 102-137 EAST 1ST STREET, NORTH VANCOUVER A1 V7L 1B2
Timothy A Coupland director, 10 percent owner, officer: CEO 1090 SHAMAN CRES, DELTA A1 V4M 2L7
Brian David Game director 3140 RICHMOND STREET, RICHMOND A1 V7E 2V6

HQDA Elderly Life Network (HQDA Elderly Life Network) Headlines