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Linmon Media (HKSE:09857) Interest Coverage : 95.51 (As of Dec. 2023)


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What is Linmon Media 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. Linmon Media's Operating Income for the six months ended in Dec. 2023 was HK$156 Mil. Linmon Media's Interest Expense for the six months ended in Dec. 2023 was HK$-2 Mil. Linmon Media's interest coverage for the quarter that ended in Dec. 2023 was 95.51. 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. Linmon Media Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Linmon Media's Interest Coverage or its related term are showing as below:

HKSE:09857' s Interest Coverage Range Over the Past 10 Years
Min: 5.71   Med: 25.86   Max: 95.09
Current: 95.09


HKSE:09857's Interest Coverage is ranked better than
76.08% of 627 companies
in the Media - Diversified industry
Industry Median: 11.49 vs HKSE:09857: 95.09

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


Linmon Media Interest Coverage Historical Data

The historical data trend for Linmon Media'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.

Linmon Media Interest Coverage Chart

Linmon Media Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
8.90 25.86 74.65 5.71 95.09

Linmon Media Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial 46.55 9.37 2.18 94.45 95.51

Competitive Comparison of Linmon Media's Interest Coverage

For the Entertainment subindustry, Linmon Media'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.


Linmon Media's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Linmon Media's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Linmon Media's Interest Coverage falls into.



Linmon Media 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.

Linmon Media'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, Linmon Media's Interest Expense was HK$-3 Mil. Its Operating Income was HK$254 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$57 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*254.089/-2.672
=95.09

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

Here, for the six months ended in Dec. 2023, Linmon Media's Interest Expense was HK$-2 Mil. Its Operating Income was HK$156 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$57 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*155.769/-1.631
=95.51

* 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.


Linmon Media  (HKSE:09857) 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 .


Linmon Media Interest Coverage Related Terms

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


Linmon Media (HKSE:09857) Business Description

Traded in Other Exchanges
N/A
Address
SOHO Renaissance Plaza, 28th Floor, Building A, Huangpu District, Shanghai, CHN
Linmon Media Ltd is a drama series production company in China with a track record of creating premium content. The company typically creates high viewership drama series based on its abundant reserve of original IPs. The majority of the Company's revenue is earned in Mainland China.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Meoo Limited 2201 Interest of corporation controlled by you
Shang Hai Hong Ni Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Tencent Mobility Limited
Tencent Holdings Limited
Zhou Yuan 2201 Interest of corporation controlled by you
Z&n Investment Limited 2201 Interest of corporation controlled by you
Xu Xiao Ou 2201 Interest of corporation controlled by you
Su Xiao 2201 Interest of corporation controlled by you
Great Luminosity Limited 2101 Beneficial owner
Linmon Run Limited 2101 Beneficial owner
Lemontree Harvest Investment Limited 2101 Beneficial owner
Lemontree Evergreen Holding Limited 2201 Interest of corporation controlled by you
Free Flight Limited 2201 Interest of corporation controlled by you
Faye Free Flight Limited 2101 Beneficial owner

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