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Dowell Service Group Co (HKSE:02352) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Dowell Service Group Co 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. Dowell Service Group Co's Operating Income for the six months ended in Dec. 2023 was HK$-11 Mil. Dowell Service Group Co's Interest Expense for the six months ended in Dec. 2023 was HK$-1 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 Dowell Service Group Co's Interest Coverage or its related term are showing as below:

HKSE:02352' s Interest Coverage Range Over the Past 10 Years
Min: 1.77   Med: 144.48   Max: 216.5
Current: 32.66


HKSE:02352's Interest Coverage is ranked better than
79.58% of 1327 companies
in the Real Estate industry
Industry Median: 4.01 vs HKSE:02352: 32.66

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


Dowell Service Group Co Interest Coverage Historical Data

The historical data trend for Dowell Service Group Co'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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Dowell Service Group Co Interest Coverage Chart

Dowell Service Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
1.77 144.48 146.57 216.50 32.66

Dowell Service Group Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial 215.26 173.69 331.69 153.14 -

Competitive Comparison of Dowell Service Group Co's Interest Coverage

For the Real Estate Services subindustry, Dowell Service Group Co'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.


Dowell Service Group Co's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dowell Service Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dowell Service Group Co's Interest Coverage falls into.



Dowell Service Group Co 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.

Dowell Service Group Co'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, Dowell Service Group Co's Interest Expense was HK$-1 Mil. Its Operating Income was HK$30 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$10 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*30.014/-0.919
=32.66

Dowell Service Group Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Dowell Service Group Co's Interest Expense was HK$-1 Mil. Its Operating Income was HK$-11 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$10 Mil.

Dowell Service Group Co 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.


Dowell Service Group Co  (HKSE:02352) 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 .


Dowell Service Group Co Interest Coverage Related Terms

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


Dowell Service Group Co (HKSE:02352) Business Description

Traded in Other Exchanges
N/A
Address
No. 108 Baihe Road, Room 206, B1/F, Nanping Town, Nan’an District, Chongqing, CHN, 400000
Dowell Service Group Co Ltd is an investment holding company established in the PRC. The Group is engaged in the provision of property management services, community value-added services, and value-added services to non-property owners.
Executives
Chong Qing Chao Feng Lian Wu Zi You Xian Gong Si 2106 Person having a security interest in shares
Lin Zi Yao 2201 Interest of corporation controlled by you
Chong Qing Di Ma Rui Sheng Shi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
Chong Qing Shi Di Ma Shi Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Chong Qing Dong Yin Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Tian Jin Cheng Fang Qi Ye Guan Li Zi Xun You Xian Gong Si 2101 Beneficial owner
Lo Siu Yu 2201 Interest of corporation controlled by you
Chiu Kit Hung 2202 Interest of your spouse
Harvest Fund Management Co., Ltd. 2201 Interest of corporation controlled by you
China Credit Trust Co., Ltd 2201 Interest of corporation controlled by you
Zhang Xiang Nong 2202 Interest of your spouse
Rui Fu Zi Ben Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Wang Hao 2201 Interest of corporation controlled by you
Bai Tian You Xian Gong Si 2101 Beneficial owner
Ma Xue Mei 2202 Interest of your spouse

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