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China Housing & Land Development (China Housing & Land Development) Interest Coverage : 0 (At Loss) (As of Sep. 2015)


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What is China Housing & Land Development 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. China Housing & Land Development's Operating Income for the three months ended in Sep. 2015 was $-1.9 Mil. China Housing & Land Development's Interest Expense for the three months ended in Sep. 2015 was $-1.2 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 China Housing & Land Development's Interest Coverage or its related term are showing as below:


CHLN's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.98
* 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.


China Housing & Land Development Interest Coverage Historical Data

The historical data trend for China Housing & Land Development'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.

China Housing & Land Development Interest Coverage Chart

China Housing & Land Development Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.21 10.89 38.66 2.43 -

China Housing & Land Development Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.37 - - 0.14 -

Competitive Comparison of China Housing & Land Development's Interest Coverage

For the Real Estate - Development subindustry, China Housing & Land Development'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.


China Housing & Land Development's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Housing & Land Development's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China Housing & Land Development's Interest Coverage falls into.



China Housing & Land Development 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.

China Housing & Land Development'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, China Housing & Land Development's Interest Expense was $-5.5 Mil. Its Operating Income was $-22.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $293.7 Mil.

China Housing & Land Development did not have earnings to cover the interest expense.

China Housing & Land Development's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Here, for the three months ended in Sep. 2015, China Housing & Land Development's Interest Expense was $-1.2 Mil. Its Operating Income was $-1.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $265.3 Mil.

China Housing & Land Development 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.


China Housing & Land Development  (NAS:CHLN) 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 .


China Housing & Land Development Interest Coverage Related Terms

Thank you for viewing the detailed overview of China Housing & Land Development's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


China Housing & Land Development (China Housing & Land Development) Business Description

Traded in Other Exchanges
N/A
Address
China Housing & Land Development Inc was incorporated in the state of Nevada on July 6, 2004, as Pacific Northwest Productions Inc. On May 4, 2006, the Company changed its name to China Housing & Land Development, Inc. The Company is a real estate development company engaged in the development, construction, sale and management of residential and commercial real estate units, as well as land development. The Company has two reportable segments: Real Estate Development and Sales segment and Real Estate Construction segment. The Real Estate Development and Sales segment includes operating subsidiaries, Tsining, Puhua, NewLand, Suodi, FangZhou and JiYuan, while the Real Estate Construction segment represents Xinxing Construction. These two segments offer different products and services. The two segments are managed separately because it produces distinct products and provides different services. The Company and its other subsidiaries, Manstate, Success Hill, Way fast, Clever Advance, Grace mind, Treasure Asia and Property Management are aggregated as All Other segment. The Company faces intense competition from other real estate developers. The Company is subject to statutes and rules regulating, among other things, certain developmental matters, building and site design, and matters concerning the protection of health and the environment.
Executives
Heung Sang Fong director 12897 REGAN LANE, SARATOGA CA 95070
Albert Mclelland director 9114 LA STRADA CT., DALLAS TX 75220

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