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Changyou Alliance Group (HKSE:01039) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Changyou Alliance 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. Changyou Alliance Group's Operating Income for the six months ended in Dec. 2023 was HK$-8.5 Mil. Changyou Alliance Group's Interest Expense for the six months ended in Dec. 2023 was HK$-14.8 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 Changyou Alliance Group's Interest Coverage or its related term are showing as below:


HKSE:01039's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.73
* 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.


Changyou Alliance Group Interest Coverage Historical Data

The historical data trend for Changyou Alliance 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.

* Premium members only.

Changyou Alliance Group Interest Coverage Chart

Changyou Alliance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Changyou Alliance 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 - - - 0.19 -

Competitive Comparison of Changyou Alliance Group's Interest Coverage

For the Internet Retail subindustry, Changyou Alliance 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.


Changyou Alliance Group's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Changyou Alliance Group's Interest Coverage distribution charts can be found below:

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



Changyou Alliance 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.

Changyou Alliance 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, Changyou Alliance Group's Interest Expense was HK$-33.5 Mil. Its Operating Income was HK$-4.9 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.3 Mil.

Changyou Alliance Group did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2023, Changyou Alliance Group's Interest Expense was HK$-14.8 Mil. Its Operating Income was HK$-8.5 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.3 Mil.

Changyou Alliance Group 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.


Changyou Alliance Group  (HKSE:01039) 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 .


Changyou Alliance Group Interest Coverage Related Terms

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


Changyou Alliance Group (HKSE:01039) Business Description

Traded in Other Exchanges
N/A
Address
30 Harbour Road, Room 1908-1916, 19th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Changyou Alliance Group Ltd is a company involved in the development and operation of an electronic trading platform. The company mainly operates in the Digital Point segment that operates an electronic trading platform to promote and facilitate awards earned by customers of loyalty programmes of other companies to be exchanged globally in the form of virtual assets and credits for consumption of merchandises, games, services and other commercial transactions.
Executives
Greater Bay Area Homeland Development Fund (gp) Limited 2106 Person having a security interest in shares
Greater Bay Area Homeland Investments Limited 2106 Person having a security interest in shares
Poly Platinum Enterprises Limited 2106 Person having a security interest in shares
Century Investment (holding) Limited 2101 Beneficial owner
Pun Tang 2201 Interest of corporation controlled by you
Atlantis Capital Group Holdings Limited 2201 Interest of corporation controlled by you
Liu Yang 2201 Interest of corporation controlled by you
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you

Changyou Alliance Group (HKSE:01039) Headlines

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