Envision Greenwise Holdings (HKSE:01783) Interest Coverage : 0 (At Loss) (As of Sep. 2023)

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What is Envision Greenwise 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. Envision Greenwise Holdings's Operating Income for the six months ended in Sep. 2023 was HK$-24.1 Mil. Envision Greenwise Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-0.4 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 Envision Greenwise Holdings's Interest Coverage or its related term are showing as below:

HKSE:01783's Interest Coverage is not ranked ^*
in the Construction industry.
Industry Median: 7.04
* 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.

Envision Greenwise Holdings Interest Coverage Historical Data

The historical data trend for Envision Greenwise 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.

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Envision Greenwise Holdings Interest Coverage Chart

Envision Greenwise Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Coverage

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138.33

Envision Greenwise Holdings Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Coverage	Get a 7-Day Free Trial										-	29.85	-	-	-

Competitive Comparison of Envision Greenwise Holdings's Interest Coverage

For the Engineering & Construction subindustry, Envision Greenwise 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.

Envision Greenwise Holdings's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Envision Greenwise Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Envision Greenwise Holdings's Interest Coverage falls into.

Envision Greenwise 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.

Envision Greenwise 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, Envision Greenwise Holdings's Interest Expense was HK$-1.9 Mil. Its Operating Income was HK$-34.3 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$5.0 Mil.

Envision Greenwise Holdings did not have earnings to cover the interest expense.

Envision Greenwise Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Envision Greenwise Holdings's Interest Expense was HK$-0.4 Mil. Its Operating Income was HK$-24.1 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2.3 Mil.

Envision Greenwise Holdings did not have earnings to cover the interest expense.

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

Envision Greenwise Holdings (HKSE:01783) 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 .

Envision Greenwise Holdings Interest Coverage Related Terms

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Envision Greenwise Holdings (HKSE:01783) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Envision Greenwise Holdings Ltd (HKSE:01783) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 2901 & 09-10, 29 floor, China Resources Building, Wanchai, HKG

Website

https://goldenponder.com.hk

Envision Greenwise Holdings Ltd Formerly Golden Ponder Holdings Ltd is an investment holding company. Along with its subsidiaries, the company provides superstructure building and RMAA works services and works as a main contractor in Hong Kong. Its superstructure building works refer to building works in relation to the parts of the structure above the ground level and the scope of superstructure building works contracts consists of development projects for residential and commercial buildings. While its RMAA works refer to the repair, maintenance, and additional work for an existing structure. Geographically, the group derives revenue from Hong Kong. Its key revenue source is from the superstructure building works.

Executives

Kwok Chun Sing	2201 Interest of corporation controlled by you
Chun Yip International Investment Limited	2101 Beneficial owner
Li Man Keung Edwin	2101 Beneficial owner
Ng Chun Keung	2101 Beneficial owner
Shiny Golden Limited	2101 Beneficial owner
Chan Kam Ming	2201 Interest of corporation controlled by you
Chan Kam Tong	2201 Interest of corporation controlled by you
Ng Wing Mui	2202 Interest of your spouse
Shu Ah Ping	2202 Interest of your spouse

Envision Greenwise Holdings (HKSE:01783) Headlines

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