GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ju Teng International Holdings Ltd (HKSE:03336) » Definitions » Interest Coverage

Ju Teng International Holdings (HKSE:03336) Interest Coverage : 0.89 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Ju Teng International 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. Ju Teng International Holdings's Operating Income for the six months ended in Dec. 2023 was HK$94 Mil. Ju Teng International Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-106 Mil. Ju Teng International Holdings's interest coverage for the quarter that ended in Dec. 2023 was 0.89. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ju Teng International Holdings's Interest Coverage or its related term are showing as below:


HKSE:03336's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.685
* 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.


Ju Teng International Holdings Interest Coverage Historical Data

The historical data trend for Ju Teng International 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.

Ju Teng International Holdings Interest Coverage Chart

Ju Teng International Holdings 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 2.84 7.07 5.10 - -

Ju Teng International Holdings 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 5.36 2.11 - - 0.89

Competitive Comparison of Ju Teng International Holdings's Interest Coverage

For the Computer Hardware subindustry, Ju Teng International 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.


Ju Teng International Holdings's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ju Teng International Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ju Teng International Holdings's Interest Coverage falls into.



Ju Teng International 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.

Ju Teng International Holdings'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, Ju Teng International Holdings's Interest Expense was HK$-215 Mil. Its Operating Income was HK$-118 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$607 Mil.

Ju Teng International Holdings did not have earnings to cover the interest expense.

Ju Teng International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Ju Teng International Holdings's Interest Expense was HK$-106 Mil. Its Operating Income was HK$94 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$607 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*93.952/-105.978
=0.89

* 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.


Ju Teng International Holdings  (HKSE:03336) 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 .


Ju Teng International Holdings Interest Coverage Related Terms

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


Ju Teng International Holdings (HKSE:03336) Business Description

Traded in Other Exchanges
Address
1 Connaught Place, Suites 3311-3312, Jardine House, Central, Hong Kong, HKG
Ju Teng International Holdings Ltd is a Hong Kong-based manufacturer of computer, communication, and consumer electronics. Its main product line consists of casings for notebooks, televisions, and mobile products. The firm offers structural design, surface treatment, mold design, and volume manufacturing services. Its technological capabilities include plastic injection, high-strength metal stamping, and surface coating technologies. Geographically, it derives the majority of its revenue from the PRC.
Executives
Cheng Li-yen 2501 Other
Bank Of Communications Trustee Limited 2301 Trustee
Cheng Li-yu
Lin Mei-li
East Asia International Trustees Limited
Shine Century Assets Corp.
Nan Ya Guan Li You Xian Gong Si

Ju Teng International Holdings (HKSE:03336) Headlines

No Headlines