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Porter Holding International (Porter Holding International) Interest Coverage : No Debt (1) (As of Mar. 2022)


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What is Porter Holding International 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. Porter Holding International's Operating Income for the three months ended in Mar. 2022 was $-0.18 Mil. Porter Holding International's Interest Expense for the three months ended in Mar. 2022 was $0.00 Mil. Porter Holding International 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 Porter Holding International's Interest Coverage or its related term are showing as below:


ULNV's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.39
* 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.


Porter Holding International Interest Coverage Historical Data

The historical data trend for Porter Holding International'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.

Porter Holding International Interest Coverage Chart

Porter Holding International Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt N/A N/A N/A

Porter Holding International Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 No Debt

Competitive Comparison of Porter Holding International's Interest Coverage

For the Consulting Services subindustry, Porter Holding International'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.


Porter Holding International's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Porter Holding International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Porter Holding International's Interest Coverage falls into.



Porter Holding International 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.

Porter Holding International'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, Porter Holding International's Interest Expense was $0.00 Mil. Its Operating Income was $-0.94 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.05 Mil.

GuruFocus does not calculate Porter Holding International's interest coverage with the available data.

Porter Holding International's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the three months ended in Mar. 2022, Porter Holding International's Interest Expense was $0.00 Mil. Its Operating Income was $-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Porter Holding International 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.


Porter Holding International  (OTCPK:ULNV) 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 .


Porter Holding International Interest Coverage Related Terms

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Porter Holding International (Porter Holding International) Business Description

Traded in Other Exchanges
N/A
Address
No. 2010, Renmin South Road, 36th Floor, Shenzhen Development Center, Luohu District, Guangdong, Shenzhen, CHN, 518001
Porter Holding International Inc is a commercial platform provider that offers O2O (Network and Entity) Services and only focuses on commodities and merchants. It provides commodities and merchants with concrete platforms and operations in terms of online marketing coverage and offline marketing services. The company's operating segment includes Consulting services and Training services and others. It generates maximum revenue from Consulting services segment.

Porter Holding International (Porter Holding International) Headlines

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