Tenfu (Cayman) Holdings Co (HKSE:06868) Interest Coverage : 13.38 (As of Dec. 2023)

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What is Tenfu (Cayman) Holdings 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. Tenfu (Cayman) Holdings Co's Operating Income for the six months ended in Dec. 2023 was HK$174 Mil. Tenfu (Cayman) Holdings Co's Interest Expense for the six months ended in Dec. 2023 was HK$-13 Mil. Tenfu (Cayman) Holdings Co's interest coverage for the quarter that ended in Dec. 2023 was 13.38. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Tenfu (Cayman) Holdings Co's Interest Coverage or its related term are showing as below:

HKSE:06868' s Interest Coverage Range Over the Past 10 Years
Min: 9.71 Med: 18.06 Max: 33.99
Current: 11.54

HKSE:06868's Interest Coverage is ranked better than
55.94% of 1380 companies
in the Consumer Packaged Goods industry
Industry Median: 8.635 vs HKSE:06868: 11.54

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

Tenfu (Cayman) Holdings Co Interest Coverage Historical Data

The historical data trend for Tenfu (Cayman) Holdings 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.

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Tenfu (Cayman) Holdings Co Interest Coverage Chart

Tenfu (Cayman) Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

14.60

16.08

20.04

9.71

11.54

Tenfu (Cayman) Holdings 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															20.70	7.44	11.61	9.98	13.38

Competitive Comparison of Tenfu (Cayman) Holdings Co's Interest Coverage

For the Packaged Foods subindustry, Tenfu (Cayman) Holdings 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.

Tenfu (Cayman) Holdings Co's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tenfu (Cayman) Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tenfu (Cayman) Holdings Co's Interest Coverage falls into.

Tenfu (Cayman) Holdings 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.

Tenfu (Cayman) Holdings 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, Tenfu (Cayman) Holdings Co's Interest Expense was HK$-28 Mil. Its Operating Income was HK$327 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$173 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	327.27	/	-28.352
	=	11.54

Tenfu (Cayman) Holdings Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Tenfu (Cayman) Holdings Co's Interest Expense was HK$-13 Mil. Its Operating Income was HK$174 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$173 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	174.278	/	-13.021
	=	13.38

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

Tenfu (Cayman) Holdings Co (HKSE:06868) 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 .

Tenfu (Cayman) Holdings Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Tenfu (Cayman) Holdings Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Tenfu (Cayman) Holdings Co (HKSE:06868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tenfu (Cayman) Holdings Co Ltd (HKSE:06868) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

2901 Building C, No. 25 Jiahe Road, Xinjing Commerce Center, Xiamen, CHN

Website

http://www.tenfu.com

Tenfu (Cayman) Holdings Co Ltd is a China-based tea product company. It is engaged in marketing and sale of tea products, and development of product concepts, tastes, and packaging designs, through its subsidiaries. The main product segments of the company are Tea leaves, Tea snacks, and Teaware. The group offers green tea, black tea, oolong tea, scented tea, white tea, and other tea products. It principally operates in China and generates the majority of the revenue from the Tea leaves segment.

Executives

Lee Chia Ling	2307 Founder of a discretionary trust who can infl
Lee Kuo-lin	2305 Beneficiary of a trust
Lee Rie-ho	2201 Interest of corporation controlled by you
Spring Cheers Overseas Ltd	2101 Beneficial owner
Tsai Shan Jen	2101 Beneficial owner
Zhou Nannan	2202 Interest of your spouse
Lee John L	2305 Beneficiary of a trust
Tiger Nature Holdings Limited	2201 Interest of corporation controlled by you
Trackson Investments Limited	2101 Beneficial owner
Ubs Tc (jersey) Ltd
Discerning Group Limited	2101 Beneficial owner
Lee Tsai Li Li	2202 Interest of your spouse

Tenfu (Cayman) Holdings Co (HKSE:06868) Headlines

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