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Ever Sunshine Services Group (HKSE:01995) Interest Coverage : 132.84 (As of Dec. 2023)


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What is Ever Sunshine Services Group 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. Ever Sunshine Services Group's Operating Income for the six months ended in Dec. 2023 was HK$353 Mil. Ever Sunshine Services Group's Interest Expense for the six months ended in Dec. 2023 was HK$-3 Mil. Ever Sunshine Services Group's interest coverage for the quarter that ended in Dec. 2023 was 132.84. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ever Sunshine Services Group Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Ever Sunshine Services Group's Interest Coverage or its related term are showing as below:

HKSE:01995' s Interest Coverage Range Over the Past 10 Years
Min: 31.84   Med: 224.19   Max: No Debt
Current: 117.21


HKSE:01995's Interest Coverage is ranked better than
86.51% of 1342 companies
in the Real Estate industry
Industry Median: 3.955 vs HKSE:01995: 117.21

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


Ever Sunshine Services Group Interest Coverage Historical Data

The historical data trend for Ever Sunshine Services Group'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.

Ever Sunshine Services Group Interest Coverage Chart

Ever Sunshine Services Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 224.19 432.27 231.86 153.77 117.23

Ever Sunshine Services Group Semi-Annual Data
Dec15 Dec16 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 210.29 272.60 45.77 106.18 132.84

Competitive Comparison of Ever Sunshine Services Group's Interest Coverage

For the Real Estate Services subindustry, Ever Sunshine Services Group'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.


Ever Sunshine Services Group's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ever Sunshine Services Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ever Sunshine Services Group's Interest Coverage falls into.



Ever Sunshine Services Group 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.

Ever Sunshine Services Group'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, Ever Sunshine Services Group's Interest Expense was HK$-6 Mil. Its Operating Income was HK$752 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*752.383/-6.418
=117.23

Ever Sunshine Services Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Ever Sunshine Services Group's Interest Expense was HK$-3 Mil. Its Operating Income was HK$353 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$13 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*352.834/-2.656
=132.84

* 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.


Ever Sunshine Services Group  (HKSE:01995) 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 .


Ever Sunshine Services Group Interest Coverage Related Terms

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


Ever Sunshine Services Group (HKSE:01995) Business Description

Traded in Other Exchanges
N/A
Address
Lane 1088, Shenhong Road, 6th Floor, Building 5, Henderson CIFI Center, Minhang District, Shanghai, CHN
CIFI Ever Sunshine Services Group Ltd is a property management service provider in China. The company's property portfolio includes residential and non-residential properties such as offices, shopping malls, schools, and government buildings. The firm operates in three business lines, namely, property management services, community value-added services, and value-added services to non-property owners. It provides its property management services in China from where it generates the maximum revenue.

Ever Sunshine Services Group (HKSE:01995) Headlines

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