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Keck Seng Investments (Hong Kong) (HKSE:00184) Interest Coverage : 2.49 (As of Dec. 2023)


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What is Keck Seng Investments (Hong Kong) 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. Keck Seng Investments (Hong Kong)'s Operating Income for the six months ended in Dec. 2023 was HK$135 Mil. Keck Seng Investments (Hong Kong)'s Interest Expense for the six months ended in Dec. 2023 was HK$-54 Mil. Keck Seng Investments (Hong Kong)'s interest coverage for the quarter that ended in Dec. 2023 was 2.49. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Keck Seng Investments (Hong Kong)'s Interest Coverage or its related term are showing as below:

HKSE:00184' s Interest Coverage Range Over the Past 10 Years
Min: 2.14   Med: 6.53   Max: 35.55
Current: 2.14


HKSE:00184's Interest Coverage is ranked worse than
72.56% of 605 companies
in the Travel & Leisure industry
Industry Median: 5.16 vs HKSE:00184: 2.14

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


Keck Seng Investments (Hong Kong) Interest Coverage Historical Data

The historical data trend for Keck Seng Investments (Hong Kong)'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.

Keck Seng Investments (Hong Kong) Interest Coverage Chart

Keck Seng Investments (Hong Kong) 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 4.04 - - 2.21 2.14

Keck Seng Investments (Hong Kong) 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 - 0.63 2.93 1.71 2.49

Competitive Comparison of Keck Seng Investments (Hong Kong)'s Interest Coverage

For the Lodging subindustry, Keck Seng Investments (Hong Kong)'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.


Keck Seng Investments (Hong Kong)'s Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Keck Seng Investments (Hong Kong)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Keck Seng Investments (Hong Kong)'s Interest Coverage falls into.



Keck Seng Investments (Hong Kong) 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.

Keck Seng Investments (Hong Kong)'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, Keck Seng Investments (Hong Kong)'s Interest Expense was HK$-99 Mil. Its Operating Income was HK$211 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1,165 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*211.379/-98.83
=2.14

Keck Seng Investments (Hong Kong)'s Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Keck Seng Investments (Hong Kong)'s Interest Expense was HK$-54 Mil. Its Operating Income was HK$135 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1,165 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*134.701/-54.067
=2.49

* 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.


Keck Seng Investments (Hong Kong)  (HKSE:00184) 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 .


Keck Seng Investments (Hong Kong) Interest Coverage Related Terms

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Keck Seng Investments (Hong Kong) (HKSE:00184) Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, Room 2902 West Tower, Shun Tak Centre, Central, Hong Kong, HKG
Keck Seng Investments (Hong Kong) Ltd is an investment holding company engaged in hotel and club operations, property investment and development and the provision of management services. It has three operating segments: Hotel segment; Property segment and Investment and corporate segment. Majority of the revenue is derived from Hotel segment that is engaged in the businesses of hotel room accommodation, provision of food and beverage at hotel restaurant outlets and operation of slot machines at one of the Group's hotels.

Keck Seng Investments (Hong Kong) (HKSE:00184) Headlines

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