GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nam Tai Property Inc (OTCPK:NTPIF) » Definitions » Interest Coverage
中文

Nam Tai Property (Nam Tai Property) Interest Coverage

: N/A (As of Sep. 2021)
View and export this data going back to 1992. Start your Free Trial

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. Nam Tai Property's Operating Income for the three months ended in Sep. 2021 was $-3.3 Mil. Nam Tai Property's Interest Expense for the three months ended in Sep. 2021 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Nam Tai Property's Interest Coverage or its related term are showing as below:


NTPIF's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.995
* 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.


Nam Tai Property Interest Coverage Historical Data

The historical data trend for Nam Tai Property'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.

Nam Tai Property Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt N/A - 65.12

Nam Tai Property Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 N/A 108.69 N/A N/A N/A

Competitive Comparison

For the Real Estate Services subindustry, Nam Tai Property'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.


Nam Tai Property Interest Coverage Distribution

For the Real Estate industry and Real Estate sector, Nam Tai Property's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nam Tai Property's Interest Coverage falls into.



Nam Tai Property 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.

Nam Tai Property's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Nam Tai Property's Interest Expense was $-0.3 Mil. Its Operating Income was $20.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $9.3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2020 )/Interest Expense (A: Dec. 2020 )
=-1*20.904/-0.321
=65.12

Nam Tai Property's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Here, for the three months ended in Sep. 2021, Nam Tai Property's Interest Expense was $0.0 Mil. Its Operating Income was $-3.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $97.3 Mil.

GuruFocus does not calculate Nam Tai Property's interest coverage with the available data.

* 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.


Nam Tai Property  (OTCPK:NTPIF) 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 .


Nam Tai Property Interest Coverage Related Terms

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


Nam Tai Property (Nam Tai Property) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Namtai Road, Gushu Community, Nam Tai Estate, Baoan, Xixiang Township, Shenzhen, CHN
Nam Tai Property Inc is engaged in the business of property development and management. The company is focused on the redevelopment of parcels of land into commercial complexes. The firm is looking for the business opportunity of rental income from commercial complexes in future with operations in Mainland China.