Homeland Interactive Technology (HKSE:03798) Interest Coverage : 321.75 (As of Dec. 2023)

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What is Homeland Interactive Technology 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. Homeland Interactive Technology's Operating Income for the six months ended in Dec. 2023 was HK$81 Mil. Homeland Interactive Technology's Interest Expense for the six months ended in Dec. 2023 was HK$-0 Mil. Homeland Interactive Technology's interest coverage for the quarter that ended in Dec. 2023 was 321.75. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Homeland Interactive Technology Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Homeland Interactive Technology's Interest Coverage or its related term are showing as below:

HKSE:03798' s Interest Coverage Range Over the Past 10 Years
Min: 192.12 Med: 536.1 Max: No Debt
Current: 437.5

HKSE:03798's Interest Coverage is ranked better than
75.83% of 302 companies
in the Interactive Media industry
Industry Median: 38.39 vs HKSE:03798: 437.50

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

Homeland Interactive Technology Interest Coverage Historical Data

The historical data trend for Homeland Interactive Technology'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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Homeland Interactive Technology Interest Coverage Chart

Homeland Interactive Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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281.74

539.21

532.98

192.12

437.89

Homeland Interactive Technology Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial									339.12	319.24	36.71	471.42	321.75

Competitive Comparison of Homeland Interactive Technology's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Homeland Interactive Technology'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.

Homeland Interactive Technology's Interest Coverage Distribution in the Interactive Media Industry

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

* The bar in red indicates where Homeland Interactive Technology's Interest Coverage falls into.

Homeland Interactive Technology 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.

Homeland Interactive Technology'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, Homeland Interactive Technology's Interest Expense was HK$-1 Mil. Its Operating Income was HK$487 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$14 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	486.501	/	-1.111
	=	437.89

Homeland Interactive Technology's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Homeland Interactive Technology's Interest Expense was HK$-0 Mil. Its Operating Income was HK$81 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$14 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	81.081	/	-0.252
	=	321.75

The higher the ratio, the stronger the company's Financial Strength is.

Homeland Interactive Technology (HKSE:03798) 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 .

Homeland Interactive Technology Interest Coverage Related Terms

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

Homeland Interactive Technology (HKSE:03798) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Homeland Interactive Technology Ltd (HKSE:03798) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Tainan Road, 7A, 22nd Floor, Huijin Building, Siming District, Xiamen, CHN

Website

https://www.jiaxianghudong.com

Homeland Interactive Technology Ltd is a developer and operator of g localized card and board game developer and operator in the PRC with a special focus on localized Mahjong and poker games. It derives revenue from game development and operation income from sales of virtual tokens and private game room cards. Its operating activities are attributable to a single operating segment focusing on the development and operation of mobile games in the Peoples' Republic of China.

Executives

Zhang Na	2101 Beneficial owner
Su Bo	2202 Interest of your spouse
Futu Trustee Limited	2301 Trustee
Ding Chunlong	2101 Beneficial owner
Jiang Mingkuan
One One Eleven Limited	2201 Interest of corporation controlled by you
Futu Trustee (singapore) Pte Ltd	2301 Trustee
Men Geng	2307 Founder of a discretionary trust who can infl
Men Geng Network Limited	2101 Beneficial owner
Su Bo Network Limited	2101 Beneficial owner
Su Bo	2201 Interest of corporation controlled by you
Jiang Ming Kuan Network Limited	2101 Beneficial owner
Wu Chengze	2201 Interest of corporation controlled by you
Wu Chengze Network Limited	2101 Beneficial owner
Li Bo	2201 Interest of corporation controlled by you

Homeland Interactive Technology (HKSE:03798) Headlines

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