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Hangzhou SF Intra-City Industrial Co (HKSE:09699) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Hangzhou SF Intra-City Industrial 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. Hangzhou SF Intra-City Industrial Co's Operating Income for the six months ended in Dec. 2023 was HK$-10 Mil. Hangzhou SF Intra-City Industrial Co's Interest Expense for the six months ended in Dec. 2023 was HK$0 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 Hangzhou SF Intra-City Industrial Co's Interest Coverage or its related term are showing as below:

HKSE:09699' s Interest Coverage Range Over the Past 10 Years
Min: 12.71   Med: 5006.36   Max: No Debt
Current: 12.72


HKSE:09699's Interest Coverage is ranked better than
72.77% of 819 companies
in the Transportation industry
Industry Median: 5.3 vs HKSE:09699: 12.72

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


Hangzhou SF Intra-City Industrial Co Interest Coverage Historical Data

The historical data trend for Hangzhou SF Intra-City Industrial 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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Hangzhou SF Intra-City Industrial Co Interest Coverage Chart

Hangzhou SF Intra-City Industrial Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial - - - - 12.71

Hangzhou SF Intra-City Industrial Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only - - - 14.75 -

Competitive Comparison of Hangzhou SF Intra-City Industrial Co's Interest Coverage

For the Integrated Freight & Logistics subindustry, Hangzhou SF Intra-City Industrial 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.


Hangzhou SF Intra-City Industrial Co's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hangzhou SF Intra-City Industrial Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hangzhou SF Intra-City Industrial Co's Interest Coverage falls into.



Hangzhou SF Intra-City Industrial 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.

Hangzhou SF Intra-City Industrial 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, Hangzhou SF Intra-City Industrial Co's Interest Expense was HK$-1 Mil. Its Operating Income was HK$18 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$13 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*18.023/-1.418
=12.71

Hangzhou SF Intra-City Industrial Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Hangzhou SF Intra-City Industrial Co's Interest Expense was HK$0 Mil. Its Operating Income was HK$-10 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$13 Mil.

* 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.


Hangzhou SF Intra-City Industrial Co  (HKSE:09699) 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 .


Hangzhou SF Intra-City Industrial Co Interest Coverage Related Terms

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Hangzhou SF Intra-City Industrial Co (HKSE:09699) Business Description

Traded in Other Exchanges
N/A
Address
No. 3076 Xinghai Road, Floor 21-22, Shunfeng Headquarters Building, Nanshan District, Guangdong Province, Shenzhen, CHN
Hangzhou SF Intra-City Industrial Co Ltd is a third party instant distribution platform in China. It serves brand customers, small and medium sized merchants and individual users providing integrated real time logistics solutions for commercial distribution, daily pickup and delivery and others.

Hangzhou SF Intra-City Industrial Co (HKSE:09699) Headlines

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