FLJ Group (FLJ Group) Interest Coverage : 6.99 (As of Sep. 2023)

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What is FLJ Group 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. FLJ Group's Operating Income for the six months ended in Sep. 2023 was $0.89 Mil. FLJ Group's Interest Expense for the six months ended in Sep. 2023 was $-0.13 Mil. FLJ Group's interest coverage for the quarter that ended in Sep. 2023 was 6.99. The higher the ratio, the stronger the company's financial strength is.

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

FLJ's Interest Coverage is not ranked ^*
in the Real Estate industry.
Industry Median: 4.05
* 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.

FLJ Group Interest Coverage Historical Data

The historical data trend for FLJ Group'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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FLJ Group Interest Coverage Chart

FLJ Group Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Coverage

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FLJ Group Semi-Annual Data
	Sep17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Coverage	Get a 7-Day Free Trial							3.38	-	-	-	6.99

Competitive Comparison of FLJ Group's Interest Coverage

For the Real Estate Services subindustry, FLJ Group'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.

FLJ Group's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, FLJ Group's Interest Coverage distribution charts can be found below:

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

FLJ Group 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.

FLJ Group's Interest Coverage for the fiscal year that ended in Sep. 2023 is calculated as

Here, for the fiscal year that ended in Sep. 2023, FLJ Group's Interest Expense was $-0.22 Mil. Its Operating Income was $-3.53 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

FLJ Group did not have earnings to cover the interest expense.

FLJ Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, FLJ Group's Interest Expense was $-0.13 Mil. Its Operating Income was $0.89 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	0.888	/	-0.127
	=	6.99

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

FLJ Group (NAS:FLJ) 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 .

FLJ Group Interest Coverage Related Terms

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FLJ Group (FLJ Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » FLJ Group Ltd (NAS:FLJ) » Definitions » Interest Coverage

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Traded in Other Exchanges

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Address

No. 18, Gongping Road, 2nd Floor, Building 5, Hongkou District, Shanghai, CHN, 200082

Website

http://www.qk365.com

FLJ Group Ltd is engaged in providing an apartment rental platform in China. The company leases apartments from landlords and transforms these apartments, into standardized furnished rooms to lease to people seeking residence in cities. It cooperates with third parties, including professional home service providers, e-commerce companies, and other service providers to facilitate value-added services for its tenants.