Wonderful Sky Financial Group Holdings (HKSE:01260) Interest Coverage : 1,167.55 (As of Sep. 2023)

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What is Wonderful Sky Financial Group 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. Wonderful Sky Financial Group Holdings's Operating Income for the six months ended in Sep. 2023 was HK$23.4 Mil. Wonderful Sky Financial Group Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-0.0 Mil. Wonderful Sky Financial Group Holdings's interest coverage for the quarter that ended in Sep. 2023 was 1,167.55. 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 Wonderful Sky Financial Group Holdings's Interest Coverage or its related term are showing as below:

HKSE:01260's Interest Coverage is not ranked ^*
in the Business Services industry.
Industry Median: 13.39
* 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.

Wonderful Sky Financial Group Holdings Interest Coverage Historical Data

The historical data trend for Wonderful Sky Financial Group 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.

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Wonderful Sky Financial Group Holdings Interest Coverage Chart

Wonderful Sky Financial Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Coverage

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19.81

8.76

7.65

181.35

No Debt

Wonderful Sky Financial Group 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															134.53	6,829.50	92.47	-	1,167.55

Competitive Comparison of Wonderful Sky Financial Group Holdings's Interest Coverage

For the Specialty Business Services subindustry, Wonderful Sky Financial Group 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.

Wonderful Sky Financial Group Holdings's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wonderful Sky Financial Group Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wonderful Sky Financial Group Holdings's Interest Coverage falls into.

Wonderful Sky Financial Group 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.

Wonderful Sky Financial Group 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, Wonderful Sky Financial Group Holdings's Interest Expense was HK$0.0 Mil. Its Operating Income was HK$33.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Wonderful Sky Financial Group Holdings had no debt ⁽¹⁾.

Wonderful Sky Financial Group Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Wonderful Sky Financial Group Holdings's Interest Expense was HK$-0.0 Mil. Its Operating Income was HK$23.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	23.351	/	-0.02
	=	1,167.55

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

Wonderful Sky Financial Group Holdings (HKSE:01260) 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 .

Wonderful Sky Financial Group Holdings Interest Coverage Related Terms

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Wonderful Sky Financial Group Holdings (HKSE:01260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wonderful Sky Financial Group Holdings Ltd (HKSE:01260) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99 Queen’s Road Central, 9th Floor, The Center, Hong Kong, HKG

Website

http://www.wsfg.hk

Wonderful Sky Financial Group Holdings Ltd is in investment holding, securities investment. The company's operating segment includes the Provision of financial public relations services and the Organisation and coordination of international roadshows. It generates maximum revenue from the Provision of financial public relations services segment which includes public relations services; investor relations services; financial printing services and capital markets branding. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the People's Republic of China and Singapore.

Executives

Sapphire Star Group Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Liu Tianni	2307 Founder of a discretionary trust who can infl
Luk Ching Sanna	2307 Founder of a discretionary trust who can infl
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc	2101 Beneficial owner

Wonderful Sky Financial Group Holdings (HKSE:01260) Headlines

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