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Leader Capital Holdings (Leader Capital Holdings) Interest Coverage : 0 (At Loss) (As of Aug. 2023)


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What is Leader Capital 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. Leader Capital Holdings's Operating Income for the three months ended in Aug. 2023 was $-0.48 Mil. Leader Capital Holdings's Interest Expense for the three months ended in Aug. 2023 was $-0.03 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 Leader Capital Holdings's Interest Coverage or its related term are showing as below:


LCHD's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.35
* 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.


Leader Capital Holdings Interest Coverage Historical Data

The historical data trend for Leader Capital 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.

* Premium members only.

Leader Capital Holdings Interest Coverage Chart

Leader Capital Holdings Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Coverage
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Leader Capital Holdings Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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Competitive Comparison of Leader Capital Holdings's Interest Coverage

For the Software - Application subindustry, Leader Capital 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.


Leader Capital Holdings's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Leader Capital Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Leader Capital Holdings's Interest Coverage falls into.



Leader Capital 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.

Leader Capital Holdings's Interest Coverage for the fiscal year that ended in Aug. 2023 is calculated as

Here, for the fiscal year that ended in Aug. 2023, Leader Capital Holdings's Interest Expense was $-0.13 Mil. Its Operating Income was $-2.46 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.20 Mil.

Leader Capital Holdings did not have earnings to cover the interest expense.

Leader Capital Holdings's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Here, for the three months ended in Aug. 2023, Leader Capital Holdings's Interest Expense was $-0.03 Mil. Its Operating Income was $-0.48 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.20 Mil.

Leader Capital 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.


Leader Capital Holdings  (OTCPK:LCHD) 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 .


Leader Capital Holdings Interest Coverage Related Terms

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


Leader Capital Holdings (Leader Capital Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Zhongqing Road, Room 711, 7F, No. 89, Section 1, North District, Taichung City, Taichung, TWN
Leader Capital Holdings Corp through its subsidiaries owns and operates a mobile application platform that connects the investor with other financial service providers. The company's application helps to meet the generic needs of financial service providers mainly for trust and insurance companies. Investors can use this platform to make their investment decisions in real-time and place investment orders without having to e-mail or fax documents to their investment advisor. The Company operates in one business and industry segment: the provision of investment platform services through mobile application.
Executives
Shui Fung Cheng director, 10 percent owner ROOM 2708-09, METROPOLIS TOWER,, 10 METROPOLIS DRIVE,, HUNG HOM K3 0000000000
Leader Financial Asset Management Ltd 10 percent owner ROOM 2708-09, THE METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HUNG HOM,, HONG KONG K3 0000000000
First Leader Capital Ltd 10 percent owner ROOM 2708-09, THE METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HUNG HOM, HONG KONG K3 0000000000
Cpn Investment Ltd 10 percent owner ROOM 2708-09, THE METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HUNG HOM,, HONG KONG K3 0000000000
Anzhao International Ltd 10 percent owner 4007 CENTRAL PLAZA,, 18 HARBOUR ROAD, WANCHAI, HONG KONG K3 0000000000
Yi-hsiu Lin director, 10 percent owner, officer: Chief Executive Officer ROOM 2708-09, METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HONG KONG K3 0000000000

Leader Capital Holdings (Leader Capital Holdings) Headlines

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