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China Networks International Holdings (China Networks International Holdings) Interest Coverage : No Debt (1) (As of Dec. 2018)


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What is China Networks 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. China Networks International Holdings's Operating Income for the six months ended in Dec. 2018 was $-0.05 Mil. China Networks International Holdings's Interest Expense for the six months ended in Dec. 2018 was $0.00 Mil. China Networks International Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Networks International Holdings's Interest Coverage or its related term are showing as below:


CNWHF's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.


China Networks International Holdings Interest Coverage Historical Data

The historical data trend for China Networks 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.

China Networks International Holdings Interest Coverage Chart

China Networks International Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 Networks International Holdings Semi-Annual Data
Jun07 Jun08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage Get a 7-Day Free Trial 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 Networks International Holdings's Interest Coverage

For the Shell Companies subindustry, China Networks 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.


China Networks International Holdings's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Networks International Holdings's Interest Coverage distribution charts can be found below:

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



China Networks 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.

China Networks International Holdings's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, China Networks International Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

China Networks International Holdings had no debt (1).

China Networks International Holdings's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Here, for the six months ended in Dec. 2018, China Networks International Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

China Networks International 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 Networks International Holdings  (OTCPK:CNWHF) 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 Networks International Holdings Interest Coverage Related Terms

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China Networks International Holdings (China Networks International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6A Jian Guo Men Wai Avenue, 801, 29th Floor, Block C, Central International Trade Center, Chao Yang District, Beijing, CHN
Website
China Networks International Holdings Ltd is a shell company.
Executives
Kerry Propper director, 10 percent owner CHARDAN CHINA ACQUISITION CORP, 777 SOUTH HIGHWAY 101, SOLANA BEACH CA 92075

China Networks International Holdings (China Networks International Holdings) Headlines

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