GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Chailease Holding Co Ltd (TPE:5871) » Definitions » Interest Coverage

Chailease Holding Co (TPE:5871) Interest Coverage : N/A (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Chailease Holding Co 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. Chailease Holding Co's Operating Income for the three months ended in Dec. 2023 was NT$-2,294 Mil. Chailease Holding Co's Interest Expense for the three months ended in Dec. 2023 was NT$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 Chailease Holding Co's Interest Coverage or its related term are showing as below:


TPE:5871's Interest Coverage is not ranked *
in the Credit Services industry.
Industry Median: 76.255
* 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.


Chailease Holding Co Interest Coverage Historical Data

The historical data trend for Chailease Holding Co'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.

Chailease Holding Co Interest Coverage Chart

Chailease Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Chailease Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Chailease Holding Co's Interest Coverage

For the Credit Services subindustry, Chailease Holding Co'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.


Chailease Holding Co's Interest Coverage Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Chailease Holding Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Chailease Holding Co's Interest Coverage falls into.



Chailease Holding Co 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.

Chailease Holding Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Chailease Holding Co's Interest Expense was NT$0 Mil. Its Operating Income was NT$-7,510 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$221,104 Mil.

GuruFocus does not calculate Chailease Holding Co's interest coverage with the available data.

Chailease Holding Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Chailease Holding Co's Interest Expense was NT$0 Mil. Its Operating Income was NT$-2,294 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$221,104 Mil.

GuruFocus does not calculate Chailease Holding Co'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.


Chailease Holding Co  (TPE:5871) 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 .


Chailease Holding Co Interest Coverage Related Terms

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


Chailease Holding Co (TPE:5871) Business Description

Traded in Other Exchanges
Address
No. 362, Ruiguang Road, Neihu District, Taipei, TWN
Chailease Holding Co Ltd provides various forms of financing and primarily operates in Taiwan and mainland China. The company also has a presence in the Western United States. Its main products and services include leasing, instalment sales, import/export financing, and direct financing to corporations and small and medium-sized enterprises. The company began operations by primarily providing asset-backed financing to companies in heavy industries to help with their property, plant, and equipment needs. The majority of the company's revenue is interest income. Geographically, the company's revenue is split nearly evenly between Taiwan, China, and ASEAN regions.

Chailease Holding Co (TPE:5871) Headlines

No Headlines