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Yunfeng Financial Group (FRA:MNA1) Interest Coverage : 5.27 (As of Dec. 2023)


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What is Yunfeng Financial 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 EBIT by its Interest Expense. Yunfeng Financial Group's EBIT for the six months ended in Dec. 2023 was €70.1 Mil. Yunfeng Financial Group's Interest Expense for the six months ended in Dec. 2023 was €-13.3 Mil. Yunfeng Financial Group's interest coverage for the quarter that ended in Dec. 2023 was 5.27. The higher the ratio, the stronger the company's financial strength is.

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

FRA:MNA1' s Interest Coverage Range Over the Past 10 Years
Min: 5.08   Med: 7.48   Max: 36159.43
Current: 5.08


FRA:MNA1's Interest Coverage is ranked worse than
75.68% of 329 companies
in the Insurance industry
Industry Median: 14.54 vs FRA:MNA1: 5.08

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


Yunfeng Financial Group Interest Coverage Historical Data

The historical data trend for Yunfeng Financial 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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Yunfeng Financial Group Interest Coverage Chart

Yunfeng Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.64 7.48 7.29 - 5.08

Yunfeng Financial Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.32 - - 4.84 5.27

Competitive Comparison of Yunfeng Financial Group's Interest Coverage

For the Insurance - Life subindustry, Yunfeng Financial 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.


Yunfeng Financial Group's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Yunfeng Financial Group's Interest Coverage distribution charts can be found below:

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



Yunfeng Financial 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 EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT 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.

Yunfeng Financial Group'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, Yunfeng Financial Group's Interest Expense was €-23.7 Mil. Its EBIT was €120.6 Mil. And its Long-Term Debt & Capital Lease Obligation was €217.6 Mil.

Interest Coverage=-1* EBIT (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*120.632/-23.733
=5.08

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

Here, for the six months ended in Dec. 2023, Yunfeng Financial Group's Interest Expense was €-13.3 Mil. Its EBIT was €70.1 Mil. And its Long-Term Debt & Capital Lease Obligation was €217.6 Mil.

Interest Coverage=-1* EBIT (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*70.105/-13.304
=5.27

* 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.


Yunfeng Financial Group  (FRA:MNA1) 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 .


Yunfeng Financial Group Interest Coverage Related Terms

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


Yunfeng Financial Group (FRA:MNA1) Business Description

Traded in Other Exchanges
Address
38 Gloucester Road, 18th Floor, Rooms 1803-1806, China Evergrande Centre, Wanchai, Hong Kong, HKG
Yunfeng Financial Group Ltd is an investment holding company that provides security trading, advisory, and asset management services. The company operates through two operating segments: Insurance business, which engages in the writing of long-term assurance business; and Other financial services & corporate, which includes Securities brokerage, Wealth management, Principal investment, Consultancy & advisory services, Financial technology activities, and Corporate service. The company's revenue is primarily from the Insurance business. The group's operations are in Hong Kong and Macao.

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