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A Metaverse Co (HKSE:01616) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is A Metaverse Co 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. A Metaverse Co's Operating Income for the six months ended in Dec. 2023 was HK$-73.30 Mil. A Metaverse Co's Interest Expense for the six months ended in Dec. 2023 was HK$-5.90 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 A Metaverse Co's Interest Coverage or its related term are showing as below:


HKSE:01616's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.54
* 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.


A Metaverse Co Interest Coverage Historical Data

The historical data trend for A Metaverse Co'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.

A Metaverse Co Interest Coverage Chart

A Metaverse Co 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 1.77 - - - -

A Metaverse Co 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 - - - - -

Competitive Comparison of A Metaverse Co's Interest Coverage

For the Entertainment subindustry, A Metaverse Co'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.


A Metaverse Co's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, A Metaverse Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where A Metaverse Co's Interest Coverage falls into.



A Metaverse Co 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.

A Metaverse Co'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, A Metaverse Co's Interest Expense was HK$-11.69 Mil. Its Operating Income was HK$-82.75 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.30 Mil.

A Metaverse Co did not have earnings to cover the interest expense.

A Metaverse Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, A Metaverse Co's Interest Expense was HK$-5.90 Mil. Its Operating Income was HK$-73.30 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.30 Mil.

A Metaverse Co 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.


A Metaverse Co  (HKSE:01616) 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 .


A Metaverse Co Interest Coverage Related Terms

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A Metaverse Co (HKSE:01616) Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Zuojiazhuangdongli, 102, Tower C, Shangkangcheng, Chaoyang District, Beijing, CHN
A Metaverse Co is an investment holding company. The business activity of the company is operated through Media segment. The Media segment produces, distributes and licenses television drama series and provision of related services. Geographically, it derives a majority of revenue from China.
Executives
Cinedigm Corp. 2101 Beneficial owner
Aim Right Ventures Limited 2201 Interest of corporation controlled by you
Liu Zhihua 2201 Interest of corporation controlled by you
Link Wealth Holding Limited 2101 Beneficial owner
Beitai Investment Limited
Deng Di 2101 Beneficial owner
Wang Jian
Beitai Investment Lp
Shen Si 2202 Interest of your spouse
Jin Peng 2201 Interest of corporation controlled by you
Emerge Ventures Limited 2101 Beneficial owner
Zhu Shanshan 2202 Interest of your spouse
Deng Di 2201 Interest of corporation controlled by you
Wang Lingli 2202 Interest of your spouse
Liu Dong 2201 Interest of corporation controlled by you

A Metaverse Co (HKSE:01616) Headlines

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