GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » QDM International Inc (OTCPK:QDMI) » Definitions » Interest Coverage

QDM International (QDM International) Interest Coverage : N/A (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is QDM International 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. QDM International's Operating Income for the three months ended in Dec. 2023 was $0.20 Mil. QDM International's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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. QDM International Inc has enough cash to cover all of its debt. Its financial situation is stable.

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


QDMI's Interest Coverage is not ranked *
in the Insurance industry.
Industry Median: 14.54
* 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.


QDM International Interest Coverage Historical Data

The historical data trend for QDM International'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.

QDM International Interest Coverage Chart

QDM International Annual Data
Trend Dec12 Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - No Debt - 42.00

QDM International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of QDM International's Interest Coverage

For the Insurance Brokers subindustry, QDM International'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.


QDM International's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, QDM International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where QDM International's Interest Coverage falls into.



QDM International 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.

QDM International's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, QDM International's Interest Expense was $-0.00 Mil. Its Operating Income was $0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.04 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*0.042/-0.001
=42.00

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

Here, for the three months ended in Dec. 2023, QDM International's Interest Expense was $0.00 Mil. Its Operating Income was $0.20 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.11 Mil.

GuruFocus does not calculate QDM International's interest coverage with the available data.

* 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.


QDM International  (OTCPK:QDMI) 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 .


QDM International Interest Coverage Related Terms

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


QDM International (QDM International) Business Description

Traded in Other Exchanges
N/A
Address
5 Canton Road, Room 1030B, 10/F, Ocean Centre, Harbour City, Tsim Sha Tsui, Hong Kong, HKG, 200051
QDM International Inc is an insurance brokerage company operating in Hong Kong. The company sells a wide range of insurance products, consisting of two main categories: life and medical insurance, such as individual life insurance; and general insurance, such as automobile insurance, commercial property insurance, liability insurance, and homeowner insurance. In addition, as a Mandatory Provident Fund Intermediary, it also provides customers with assistance on account opening and related services under the MPF and the Occupational Retirement Schemes Ordinance schemes, both of which are mandatory retirement protection schemes set up for employees who are Hong Kong residents.
Executives
Timothy John Miles director PO BOX 30, DUNDEE MI 48131
Huihe Zheng director, 10 percent owner, officer: Chairman, CEO, and President T2-702 SOHO TIANSHAN SQUARE,, 1717 TIANSHAN ROAD, CHANGNING DISTRICT, SHANGHAI F4 200051
Huili Shen director, officer: Secretary ROOM 707 SOHO T2 TIANSHAN PLAZA, SHANGHAI F4 200051
Robert Brooks 10 percent owner 9 PROSPECT AVENUE, PORT WASHINGTON NY 11050
Kenneth J Scott director 2156 HURON TRAIL, MAITLAND FL 32751
Brian C Rosenbloom director, 10 percent owner
Timothy B Shannon director, officer: CEO/CFO 4279 BURNWOOD TRAIL, DENVER CO 28037

QDM International (QDM International) Headlines

No Headlines