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Robosense Technology Co (HKSE:02498) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Robosense Technology 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. Robosense Technology Co's Operating Income for the six months ended in Dec. 2023 was HK$-546 Mil. Robosense Technology Co's Interest Expense for the six months ended in Dec. 2023 was HK$-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 Robosense Technology Co's Interest Coverage or its related term are showing as below:


HKSE:02498's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.685
* 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.


Robosense Technology Co Interest Coverage Historical Data

The historical data trend for Robosense Technology 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.

* Premium members only.

Robosense Technology Co Interest Coverage Chart

Robosense Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Robosense Technology Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial N/A - - - -

Competitive Comparison of Robosense Technology Co's Interest Coverage

For the Computer Hardware subindustry, Robosense Technology 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.


Robosense Technology Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Robosense Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Robosense Technology Co's Interest Coverage falls into.



Robosense Technology 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.

Robosense Technology 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, Robosense Technology Co's Interest Expense was HK$-2 Mil. Its Operating Income was HK$-1,018 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1 Mil.

Robosense Technology Co did not have earnings to cover the interest expense.

Robosense Technology Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Robosense Technology Co's Interest Expense was HK$-1 Mil. Its Operating Income was HK$-546 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1 Mil.

Robosense Technology 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.


Robosense Technology Co  (HKSE:02498) 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 .


Robosense Technology Co Interest Coverage Related Terms

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Robosense Technology Co (HKSE:02498) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Building 9, Zhongguan Honghualing Industry, Southern District 1213 Liuxian Avenue, Taoyuan Street Nanshan District, Shenzhen, CHN
Robosense Technology Co Ltd is a company whose business is focused on full-stack systems incorporate LiDAR sensors, proprietary system on a chip and cutting-edge perception software. By integrating hardware and software, They have differentiated themselves from most LiDAR companies in the market who only focus on hardware. Combined with visual or other sensors, LiDAR forms perception solutions that endow automobiles and robots with perception capabilities. They develop our solutions based on chipdriven LiDAR hardware and AI perception software, expanding application scenarios and realizing large-scale commercialization in the industry.
Executives
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Cr Investments Corporation 2201 Interest of corporation controlled by you
China Renaissance Holdings Limited 2201 Interest of corporation controlled by you
Emerald Forest Investment Limited 2201 Interest of corporation controlled by you
Emerald Forest International Limited 2101 Beneficial owner
Emerald Forest Holding Limited 2305 Beneficiary of a trust
Futu Trustee Limited 2301 Trustee
Cainiao Smart Logistics Network Limited
Cainiao Smart Logistics Investment Limited
Tmf (cayman) Ltd. 2301 Trustee
Ali Cn Investment Holding Limited 2201 Interest of corporation controlled by you
Sunton Global Limited 2305 Beneficiary of a trust
Blackpearl Investment Limited 2201 Interest of corporation controlled by you
Blackpearl Global Limited 2101 Beneficial owner
Zhu Xiaorui 2103 Interests held jointly with another person

Robosense Technology Co (HKSE:02498) Headlines

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