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7Road Holdings (HKSE:00797) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is 7Road Holdings 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. 7Road Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-75.6 Mil. 7Road Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-13.1 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 7Road Holdings's Interest Coverage or its related term are showing as below:

HKSE:00797' s Interest Coverage Range Over the Past 10 Years
Min: 3.97   Med: 31.85   Max: 188.15
Current: 3.97


HKSE:00797's Interest Coverage is ranked worse than
83.33% of 300 companies
in the Interactive Media industry
Industry Median: 37.625 vs HKSE:00797: 3.97

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


7Road Holdings Interest Coverage Historical Data

The historical data trend for 7Road Holdings'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.

7Road Holdings Interest Coverage Chart

7Road Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 35.48 30.82 31.85 - 3.97

7Road Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 63.41 - - 13.17 -

Competitive Comparison of 7Road Holdings's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, 7Road Holdings'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.


7Road Holdings's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 7Road Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where 7Road Holdings's Interest Coverage falls into.



7Road Holdings 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.

7Road Holdings'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, 7Road Holdings's Interest Expense was HK$-26.9 Mil. Its Operating Income was HK$106.9 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$177.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*106.949/-26.93
=3.97

7Road Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, 7Road Holdings's Interest Expense was HK$-13.1 Mil. Its Operating Income was HK$-75.6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$177.4 Mil.

7Road Holdings 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.


7Road Holdings  (HKSE:00797) 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 .


7Road Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of 7Road Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


7Road Holdings (HKSE:00797) Business Description

Traded in Other Exchanges
N/A
Address
No. 2-18-1902, Long Shan Road, Xin Wu District, Jiangsu Province, Wuxi, CHN
7Road Holdings Ltd is a web-based and mobile online game developer and publisher in China. The company is engaged in the R&D, operation and licensing of several popular web games. It has developed games like DDTank, Chuanqi and Wartune.
Executives
Ben 7road Holdings Limited
Shang Hai Guan Zhao Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner
Zhe Jiang Jia Hua Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hang Zhou Hao Ming Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Zhe Jiang Shi Ji Hua Tong Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Han Jianhong 2201 Interest of corporation controlled by you
Songshuxing Holdings Limited
Ningbo Hao Chu Investment Management Co.,ltd
World 7road Holdings Limited
Hu Min
Meng Shuqi
Baohu Holdings Limited
Zhou Hao
Shanghai Bao Pu Investment Management Co., Ltd.
Shanghai Bao Hu Investment Management Center

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