GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Quam Plus International Financial Ltd (HKSE:00952) » Definitions » Interest Coverage

Quam Plus International Financial (HKSE:00952) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Quam Plus International Financial 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. Quam Plus International Financial's Operating Income for the six months ended in Dec. 2023 was HK$-90.0 Mil. Quam Plus International Financial's Interest Expense for the six months ended in Dec. 2023 was HK$-22.4 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 Quam Plus International Financial's Interest Coverage or its related term are showing as below:

HKSE:00952' s Interest Coverage Range Over the Past 10 Years
Min: 1.04   Med: 2.75   Max: 5.44
Current: 1.04


HKSE:00952's Interest Coverage is ranked worse than
91.23% of 456 companies
in the Capital Markets industry
Industry Median: 19.885 vs HKSE:00952: 1.04

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


Quam Plus International Financial Interest Coverage Historical Data

The historical data trend for Quam Plus International Financial'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.

Quam Plus International Financial Interest Coverage Chart

Quam Plus International Financial Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 5.44 - - 1.04

Quam Plus International Financial Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 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 - - - 5.24 -

Competitive Comparison of Quam Plus International Financial's Interest Coverage

For the Capital Markets subindustry, Quam Plus International Financial'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.


Quam Plus International Financial's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Quam Plus International Financial's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Quam Plus International Financial's Interest Coverage falls into.



Quam Plus International Financial 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.

Quam Plus International Financial'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, Quam Plus International Financial's Interest Expense was HK$-49.4 Mil. Its Operating Income was HK$51.5 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$49.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*51.521/-49.373
=1.04

Quam Plus International Financial's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Quam Plus International Financial's Interest Expense was HK$-22.4 Mil. Its Operating Income was HK$-90.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$49.4 Mil.

Quam Plus International Financial 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.


Quam Plus International Financial  (HKSE:00952) 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 .


Quam Plus International Financial Interest Coverage Related Terms

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


Quam Plus International Financial (HKSE:00952) Business Description

Traded in Other Exchanges
N/A
Address
29 Queen’s Road Central, 18th and 19th Floor, China Building, Hong Kong, HKG
Quam Plus International Financial Ltd Formerly China Tonghai International Financial Ltd is an investment holding company. Its activities include corporate finance advisory and general advisory services; fund management, discretionary portfolio management and portfolio management advisory services; discretionary and non-discretionary dealing services for securities, futures and options, securities placing and underwriting services, margin financing, insurance broking and wealth management services; money lending services; financial media services; and investing and trading of various investment products. Its segments include corporate finance; asset management; brokerage; interest income; investments; and others segment.

Quam Plus International Financial (HKSE:00952) Headlines

No Headlines