GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Runhua Living Service Group Holdings Ltd (HKSE:02455) » Definitions » Interest Coverage

Runhua Living Service Group Holdings (HKSE:02455) Interest Coverage : 5.88 (As of Jun. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Runhua Living Service Group 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. Runhua Living Service Group Holdings's Operating Income for the six months ended in Jun. 2023 was HK$28.3 Mil. Runhua Living Service Group Holdings's Interest Expense for the six months ended in Jun. 2023 was HK$-4.8 Mil. Runhua Living Service Group Holdings's interest coverage for the quarter that ended in Jun. 2023 was 5.88. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Runhua Living Service Group Holdings's Interest Coverage or its related term are showing as below:

HKSE:02455' s Interest Coverage Range Over the Past 10 Years
Min: 5.26   Med: 5.73   Max: 10.18
Current: 5.74


HKSE:02455's Interest Coverage is ranked better than
58.06% of 1328 companies
in the Real Estate industry
Industry Median: 3.955 vs HKSE:02455: 5.74

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


Runhua Living Service Group Holdings Interest Coverage Historical Data

The historical data trend for Runhua Living Service Group 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.

* Premium members only.

Runhua Living Service Group Holdings Interest Coverage Chart

Runhua Living Service Group Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
10.18 5.34 5.26 6.12 5.74

Runhua Living Service Group Holdings Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial 8.92 6.60 5.69 5.88 5.63

Competitive Comparison of Runhua Living Service Group Holdings's Interest Coverage

For the Real Estate Services subindustry, Runhua Living Service Group 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.


Runhua Living Service Group Holdings's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Runhua Living Service Group Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Runhua Living Service Group Holdings's Interest Coverage falls into.



Runhua Living Service Group 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.

Runhua Living Service Group Holdings's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Runhua Living Service Group Holdings's Interest Expense was HK$-9.5 Mil. Its Operating Income was HK$58.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$143.3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*58.391/-9.538
=6.12

Runhua Living Service Group Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the six months ended in Jun. 2023, Runhua Living Service Group Holdings's Interest Expense was HK$-4.8 Mil. Its Operating Income was HK$28.3 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$105.0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*28.328/-4.82
=5.88

* 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.


Runhua Living Service Group Holdings  (HKSE:02455) 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 .


Runhua Living Service Group Holdings Interest Coverage Related Terms

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


Runhua Living Service Group Holdings (HKSE:02455) Business Description

Traded in Other Exchanges
N/A
Address
No. 28988 Jingshi Road, 6th Floor, Building No. 1, Lemeng Center, Shandong Province, Jinan, CHN
Runhua Living Service Group Holdings Ltd is a comprehensive property management service provider in China. The business activities of the company are divided into four segments in terms of nature, namely property management services; property engineering and landscape construction services; ) leasing services from property investment; and other services.
Executives
Liang Yuefeng 2202 Interest of your spouse
Luan Hangqian 2201 Interest of corporation controlled by you
Luan Tao 2201 Interest of corporation controlled by you
Springrain Investment Limited 2101 Beneficial owner
Ji Nan Huai Yin Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si 2101 Beneficial owner

Runhua Living Service Group Holdings (HKSE:02455) Headlines

No Headlines