GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Come Sure Group holdings (HKSE:00794) » Definitions » Interest Coverage

Come Sure Group holdings (HKSE:00794) Interest Coverage : 0 (At Loss) (As of Sep. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Come Sure Group holdings 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. Come Sure Group holdings's Operating Income for the six months ended in Sep. 2023 was HK$-0.5 Mil. Come Sure Group holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-13.4 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


HKSE:00794's Interest Coverage is not ranked *
in the Forest Products industry.
Industry Median: 6.005
* 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.


Come Sure Group holdings Interest Coverage Historical Data

The historical data trend for Come Sure Group holdings'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.

Come Sure Group holdings Interest Coverage Chart

Come Sure Group holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 2.41 1.41 - -

Come Sure Group holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Competitive Comparison of Come Sure Group holdings's Interest Coverage

For the Paper & Paper Products subindustry, Come Sure Group holdings'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.


Come Sure Group holdings's Interest Coverage Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Come Sure Group holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Come Sure Group holdings's Interest Coverage falls into.



Come Sure Group holdings 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.

Come Sure Group holdings's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Come Sure Group holdings's Interest Expense was HK$-28.0 Mil. Its Operating Income was HK$-37.1 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$213.6 Mil.

Come Sure Group holdings did not have earnings to cover the interest expense.

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

Here, for the six months ended in Sep. 2023, Come Sure Group holdings's Interest Expense was HK$-13.4 Mil. Its Operating Income was HK$-0.5 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$194.9 Mil.

Come Sure Group holdings did not have earnings to cover the interest expense.

* 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.


Come Sure Group holdings  (HKSE:00794) 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 .


Come Sure Group holdings Interest Coverage Related Terms

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


Come Sure Group holdings (HKSE:00794) Business Description

Traded in Other Exchanges
N/A
Address
50 Wing Tai Road, Units 8-10, 8th Floor, Cornell Centre, Chai Wan, Hong Kong, HKG
Come Sure Group holdings an investment holding company. The company's operating segment includes Corrugated products; Offset printed corrugated products and Properties leasing. Corrugated products segment is engaged in the manufacture and sale of corrugated board and corrugated paper-based packing products. The Offset printed corrugated products are related to the manufacture and sale of offset printed corrugated products, and Properties leasing conduct properties leased in Hong Kong for rental income. It generates maximum revenue from the Corrugated products segment. Geographically, it derives a majority of revenue from the PRC and also has a presence in Hong Kong and Macau.
Executives
Perfect Group Version Limited
Hsbc International Trustee Limited 2301 Trustee
Chan Po Ting
Chong Kam Chau
Chong Kam Shing
Chong Wa Ching
Chong Wa Lam
Chong Wa Pan
Hung Woon Cheuk
Yuen Chung Yan
Jade City Assets Limited 2201 Interest of corporation controlled by you

Come Sure Group holdings (HKSE:00794) Headlines

No Headlines