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Microalliance Group (Microalliance Group) Interest Coverage : N/A (As of Sep. 2022)


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What is Microalliance Group 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. Microalliance Group's Operating Income for the three months ended in Sep. 2022 was $1.57 Mil. Microalliance Group's Interest Expense for the three months ended in Sep. 2022 was $0.00 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 Microalliance Group's Interest Coverage or its related term are showing as below:


MALG's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.53
* 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.


Microalliance Group Interest Coverage Historical Data

The historical data trend for Microalliance Group'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.

Microalliance Group Interest Coverage Chart

Microalliance Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial N/A N/A N/A N/A N/A

Microalliance Group Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 N/A N/A N/A N/A

Competitive Comparison of Microalliance Group's Interest Coverage

For the Packaged Foods subindustry, Microalliance Group'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.


Microalliance Group's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Microalliance Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Microalliance Group's Interest Coverage falls into.



Microalliance Group 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.

Microalliance Group's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Microalliance Group's Interest Expense was $0.00 Mil. Its Operating Income was $24.86 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.02 Mil.

GuruFocus does not calculate Microalliance Group's interest coverage with the available data.

Microalliance Group's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Microalliance Group's Interest Expense was $0.00 Mil. Its Operating Income was $1.57 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.32 Mil.

GuruFocus does not calculate Microalliance Group'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.


Microalliance Group  (OTCPK:MALG) 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 .


Microalliance Group Interest Coverage Related Terms

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


Microalliance Group (Microalliance Group) Business Description

Traded in Other Exchanges
N/A
Address
Industrial East Street, Shatoujiao Street, 4th Floor, Building 10, Yantian International Creative Port, Yantian District, Guangdong Province, Shenzhen, CHN, 518000
Microalliance Group Inc is engaged in two types of products: coffee and liquor. The Company develops, produces, markets and sells under the brand name coffee tea products, which are specialty coffee products with Chinese black tea's taste, as well as black coffee products and other coffee products. The Company sells its coffee products wholesale to retail partners and corporate customers, as well as directly to consumers in the PRC via its e-commerce channels. Its licensed Nainiang Liquor retail stores have opened in cities in China, such as Beijing, Shanghai, Shenzhen, Xiamen, Chongqing, Chengdu, Kunming, Foshan, Zhaoqing, Huangshan, Jingzhou and Baoding. The Company generates more revenues than from the coffee business.

Microalliance Group (Microalliance Group) Headlines

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