Fu Shou Yuan International Group (HKSE:01448) Interest Coverage : 108.42 (As of Dec. 2023)

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What is Fu Shou Yuan International 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. Fu Shou Yuan International Group's Operating Income for the six months ended in Dec. 2023 was HK$569 Mil. Fu Shou Yuan International Group's Interest Expense for the six months ended in Dec. 2023 was HK$-5 Mil. Fu Shou Yuan International Group's interest coverage for the quarter that ended in Dec. 2023 was 108.42. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Fu Shou Yuan International Group Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Fu Shou Yuan International Group's Interest Coverage or its related term are showing as below:

HKSE:01448' s Interest Coverage Range Over the Past 10 Years
Min: 41.99 Med: 84.38 Max: 211.28
Current: 189.67

HKSE:01448's Interest Coverage is ranked better than
87.5% of 80 companies
in the Personal Services industry
Industry Median: 9.96 vs HKSE:01448: 189.67

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

Fu Shou Yuan International Group Interest Coverage Historical Data

The historical data trend for Fu Shou Yuan International 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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Fu Shou Yuan International Group Interest Coverage Chart

Fu Shou Yuan International Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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79.88

99.48

156.26

211.28

189.67

Fu Shou Yuan International 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															118.75	189.99	228.20	339.97	108.42

Competitive Comparison of Fu Shou Yuan International Group's Interest Coverage

For the Personal Services subindustry, Fu Shou Yuan International 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.

Fu Shou Yuan International Group's Interest Coverage Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Fu Shou Yuan International Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fu Shou Yuan International Group's Interest Coverage falls into.

Fu Shou Yuan International 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.

Fu Shou Yuan International 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, Fu Shou Yuan International Group's Interest Expense was HK$-8 Mil. Its Operating Income was HK$1,533 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$32 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	1533.465	/	-8.085
	=	189.67

Fu Shou Yuan International Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Fu Shou Yuan International Group's Interest Expense was HK$-5 Mil. Its Operating Income was HK$569 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$32 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	568.962	/	-5.248
	=	108.42

The higher the ratio, the stronger the company's Financial Strength is.

Fu Shou Yuan International Group (HKSE:01448) 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 .

Fu Shou Yuan International Group Interest Coverage Related Terms

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

Fu Shou Yuan International Group (HKSE:01448) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Fu Shou Yuan International Group Ltd (HKSE:01448) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

FSHUF:USA

Address

No. 88 Cao Xi Road North, Room 1306, Sheng Ai Building, Xuhui District, Shanghai, CHN, 200030

Website

https://www.fsygroup.com

Fu Shou Yuan International Group Ltd is a personal services company that provides burial, funeral, and auxiliary services throughout China. The company derives the vast majority of its revenue from the provision of burial services. Within this business activity, Fu Shou Yuan generates most of its revenue from the sale of primarily customized, artistic, and traditional burial plots. The company also provides cemetery maintenance services for its portfolio of cemeteries within its burial services segment. The majority of Fu Shou Yuan's sales come from the Shanghai region, while the Liaoning province also contributes a sizable percentage of total revenue. Fu Shou Yuan's other divisions are involved in the acquisition and operation of funeral homes and the building of cremation machines.

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