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China Kunda Technology Holdings (SGX:GU5) Interest Coverage : No Debt (1) (As of Sep. 2023)


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What is China Kunda Technology 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. China Kunda Technology Holdings's Operating Income for the six months ended in Sep. 2023 was S$-0.64 Mil. China Kunda Technology Holdings's Interest Expense for the six months ended in Sep. 2023 was S$0.00 Mil. China Kunda Technology Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

China Kunda Technology Holdings Ltd has no debt.

(1) 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.

The historical rank and industry rank for China Kunda Technology Holdings's Interest Coverage or its related term are showing as below:

SGX:GU5' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


SGX:GU5's Interest Coverage is ranked better than
99.61% of 2280 companies
in the Industrial Products industry
Industry Median: 13.775 vs SGX:GU5: No Debt

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


China Kunda Technology Holdings Interest Coverage Historical Data

The historical data trend for China Kunda Technology 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.

China Kunda Technology Holdings Interest Coverage Chart

China Kunda Technology Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

China Kunda Technology Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of China Kunda Technology Holdings's Interest Coverage

For the Electrical Equipment & Parts subindustry, China Kunda Technology 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.


China Kunda Technology Holdings's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Kunda Technology Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China Kunda Technology Holdings's Interest Coverage falls into.



China Kunda Technology 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.

China Kunda Technology 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, China Kunda Technology Holdings's Interest Expense was S$0.00 Mil. Its Operating Income was S$-1.74 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.00 Mil.

China Kunda Technology Holdings had no debt (1).

China Kunda Technology Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, China Kunda Technology Holdings's Interest Expense was S$0.00 Mil. Its Operating Income was S$-0.64 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.00 Mil.

China Kunda Technology Holdings had no debt (1).

* 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.


China Kunda Technology Holdings  (SGX:GU5) 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 .


China Kunda Technology Holdings Interest Coverage Related Terms

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


China Kunda Technology Holdings (SGX:GU5) Business Description

Traded in Other Exchanges
N/A
Address
Bao Long Yi Road, Bao Long Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518116
China Kunda Technology Holdings Ltd is engaged in plastic injection moulding with the ability to provide plastic engineering solutions in the production of complex plastic products. The Company has a diversified customer base spreading across a wide geographical region covering the People's Republic of China, Europe, and others. Its segments include IMD Plastic injection parts and Medical Devices. It derives the majority of its revenue from the IMD and Plastic injection parts segment that provides specialized plastic injection parts and technical services used mainly in the production of electrical appliances and electronic devices.

China Kunda Technology Holdings (SGX:GU5) Headlines

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