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HKE Holdings (HKSE:01726) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is HKE 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. HKE Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-42.29 Mil. HKE Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-0.19 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 HKE Holdings's Interest Coverage or its related term are showing as below:


HKSE:01726's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.03
* 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.


HKE Holdings Interest Coverage Historical Data

The historical data trend for HKE 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.

HKE Holdings Interest Coverage Chart

HKE Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only No Debt - 437.50 - -

HKE Holdings Semi-Annual Data
Jun15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Competitive Comparison of HKE Holdings's Interest Coverage

For the Engineering & Construction subindustry, HKE 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.


HKE Holdings's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, HKE Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where HKE Holdings's Interest Coverage falls into.



HKE 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.

HKE Holdings's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, HKE Holdings's Interest Expense was HK$-0.52 Mil. Its Operating Income was HK$-85.33 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.75 Mil.

HKE Holdings did not have earnings to cover the interest expense.

HKE Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, HKE Holdings's Interest Expense was HK$-0.19 Mil. Its Operating Income was HK$-42.29 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.82 Mil.

HKE Holdings did not have earnings to cover the interest expense.

* 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.


HKE Holdings  (HKSE:01726) 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 .


HKE Holdings Interest Coverage Related Terms

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


HKE Holdings (HKSE:01726) Business Description

Traded in Other Exchanges
N/A
Address
Unit 2414-2416, 24/F, China Merchants Tower, Shun Tak Centre, 168-200 Connaught Road Central, Hong Kong, HKG
HKE Holdings Ltd is a Singapore-based contractor specializing in the medical and healthcare sectors with expertise in performing radiation shielding works. It mainly provides integrated design and building services for hospitals and clinics in Singapore. The company's three operating segments include (i) the Engineering segment which engaged in the provision of integrated design and building services, maintenance and other services as well as sales of tools and materials; (ii) Fintech platform segment; (iii) Investment holding segment. It generates maximum revenue from the Engineering segment.
Executives
Lin Ho Man 2101 Beneficial owner
Flourish Nation Enterprises Limited 2101 Beneficial owner

HKE Holdings (HKSE:01726) Headlines

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