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Beauty Farm Medical & Health Industry (HKSE:02373) Interest Coverage : 9.83 (As of Dec. 2023)


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What is Beauty Farm Medical & Health Industry 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. Beauty Farm Medical & Health Industry's Operating Income for the six months ended in Dec. 2023 was HK$135 Mil. Beauty Farm Medical & Health Industry's Interest Expense for the six months ended in Dec. 2023 was HK$-14 Mil. Beauty Farm Medical & Health Industry's interest coverage for the quarter that ended in Dec. 2023 was 9.83. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Beauty Farm Medical & Health Industry's Interest Coverage or its related term are showing as below:

HKSE:02373' s Interest Coverage Range Over the Past 10 Years
Min: 5.27   Med: 7.86   Max: 10.72
Current: 10.72


HKSE:02373's Interest Coverage is ranked better than
52.96% of 406 companies
in the Healthcare Providers & Services industry
Industry Median: 9.145 vs HKSE:02373: 10.72

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


Beauty Farm Medical & Health Industry Interest Coverage Historical Data

The historical data trend for Beauty Farm Medical & Health Industry'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.

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Beauty Farm Medical & Health Industry Interest Coverage Chart

Beauty Farm Medical & Health Industry Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
7.02 7.86 10.52 5.27 10.72

Beauty Farm Medical & Health Industry Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial 10.79 2.01 8.37 11.62 9.83

Competitive Comparison of Beauty Farm Medical & Health Industry's Interest Coverage

For the Medical Care Facilities subindustry, Beauty Farm Medical & Health Industry'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.


Beauty Farm Medical & Health Industry's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Beauty Farm Medical & Health Industry's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Beauty Farm Medical & Health Industry's Interest Coverage falls into.



Beauty Farm Medical & Health Industry 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.

Beauty Farm Medical & Health Industry'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, Beauty Farm Medical & Health Industry's Interest Expense was HK$-27 Mil. Its Operating Income was HK$291 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$431 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*290.823/-27.138
=10.72

Beauty Farm Medical & Health Industry's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Beauty Farm Medical & Health Industry's Interest Expense was HK$-14 Mil. Its Operating Income was HK$135 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$431 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*134.619/-13.691
=9.83

* 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.


Beauty Farm Medical & Health Industry  (HKSE:02373) 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 .


Beauty Farm Medical & Health Industry Interest Coverage Related Terms

Thank you for viewing the detailed overview of Beauty Farm Medical & Health Industry's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Beauty Farm Medical & Health Industry (HKSE:02373) Business Description

Traded in Other Exchanges
Address
No.1089 Dongdaming Road, Unit 1206, 12th Floor, Hongkou District, Shanghai, CHN
Beauty Farm Medical & Health Industry Inc is an investment holding company. The Company and its subsidiaries are principally engaged in providing beauty and health management service, including traditional beauty services, aesthetic medical services as well as subhealth assessment and intervention services in the People's Republic of China.
Executives
Li Yang 2202 Interest of your spouse
Li Fangyu 2101 Beneficial owner
Lian Songyong 2103 Interests held jointly with another person
Chen Xiaomei 2101 Beneficial owner
Trident Trust Company (hk) Limited 2201 Interest of corporation controlled by you
Shang Hai Pan Xin Yan Zhao Tou Zi Zi Xun You Xian Gong Si
Shang Hai Pan Xin Jia Ceng Tou Zi Guan Li You Xian Gong Si
Shang Hai You De Gu Quan Tou Zi Zhong Xin You Xian He Huo
Shang Hai Xin Zhi Yu Yuan Qi Ye Guan Li He Huo Qi Ye You Xian He Huo
Shang Hai Pan Nuo Qi Ye Guan Li Fu Wu You Xian Gong Si
Bei Jing You De Tou Zi Guan Li Zhong Xin You Xian He Huo
Bei Jing Xin Yu Tou Zi Zhong Xin You Xian He Huo
Zhong Xin Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si
Liansy Family Holdings Limited 2201 Interest of corporation controlled by you
Lfye Management Holdings Limited 2201 Interest of corporation controlled by you

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