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FingerTango (HKSE:06860) Interest Coverage : 33.29 (As of Dec. 2023)


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What is FingerTango 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. FingerTango's Operating Income for the six months ended in Dec. 2023 was HK$19.0 Mil. FingerTango's Interest Expense for the six months ended in Dec. 2023 was HK$-0.6 Mil. FingerTango's interest coverage for the quarter that ended in Dec. 2023 was 33.29. The higher the ratio, the stronger the company's financial strength is.

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


HKSE:06860's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 38.39
* 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.


FingerTango Interest Coverage Historical Data

The historical data trend for FingerTango'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.

FingerTango Interest Coverage Chart

FingerTango Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 37.51 333.29 - - -

FingerTango 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 - - - - 33.29

Competitive Comparison of FingerTango's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, FingerTango'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.


FingerTango's Interest Coverage Distribution in the Interactive Media Industry

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

* The bar in red indicates where FingerTango's Interest Coverage falls into.



FingerTango 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.

FingerTango'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, FingerTango's Interest Expense was HK$-1.2 Mil. Its Operating Income was HK$-8.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$15.1 Mil.

FingerTango did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2023, FingerTango's Interest Expense was HK$-0.6 Mil. Its Operating Income was HK$19.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$15.1 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*19.044/-0.572
=33.29

* 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.


FingerTango  (HKSE:06860) 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 .


FingerTango Interest Coverage Related Terms

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


FingerTango (HKSE:06860) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Qiaotou Street, Building 5, Zone A, Huaxin Kechuang Island,, Haizhu District, Guangzhou, CHN
FingerTango Inc is a mobile gamer publisher in China with a focus on SLG games. The company and its subsidiaries are principally engaged in the development, operation, and publishing of mobile game business in the People's Republic of China. The company's main games include Tank Frontline, Three Heroes, Super Fleet, Romance of Stars, Wartime, The Age of Rome and My Duty. It markets its products throughout China.
Executives
Liu Jie 2201 Interest of corporation controlled by you
Zhu Yanbin 2201 Interest of corporation controlled by you
Lj Technology Holding Limited 2101 Beneficial owner
Zyb Holding Limited 2101 Beneficial owner
Wu Junjie 2201 Interest of corporation controlled by you
Acery Holding Limited 2101 Beneficial owner

FingerTango (HKSE:06860) Headlines

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