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Shoucheng Holdings (Shoucheng Holdings) Interest Coverage : N/A (As of Dec. 2023)


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What is Shoucheng Holdings 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. Shoucheng Holdings's Operating Income for the three months ended in Dec. 2023 was $-72.4 Mil. Shoucheng Holdings's Interest Expense for the three months ended in Dec. 2023 was $0.0 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. Shoucheng Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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


SCGEY's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.055
* 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.


Shoucheng Holdings Interest Coverage Historical Data

The historical data trend for Shoucheng Holdings'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.

Shoucheng Holdings Interest Coverage Chart

Shoucheng Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.82 6.57 0.48

Shoucheng Holdings Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 No Debt N/A No Debt N/A

Competitive Comparison of Shoucheng Holdings's Interest Coverage

For the Infrastructure Operations subindustry, Shoucheng Holdings'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.


Shoucheng Holdings's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shoucheng Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shoucheng Holdings's Interest Coverage falls into.



Shoucheng Holdings 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.

Shoucheng Holdings'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, Shoucheng Holdings's Interest Expense was $-13.5 Mil. Its Operating Income was $6.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $249.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*6.494/-13.533
=0.48

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

Here, for the three months ended in Dec. 2023, Shoucheng Holdings's Interest Expense was $0.0 Mil. Its Operating Income was $-72.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $249.8 Mil.

GuruFocus does not calculate Shoucheng Holdings'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.


Shoucheng Holdings  (OTCPK:SCGEY) 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 .


Shoucheng Holdings Interest Coverage Related Terms

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


Shoucheng Holdings (Shoucheng Holdings) Business Description

Traded in Other Exchanges
Address
56 Gloucester Road, 7th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Shoucheng Holdings Ltd is engaged in the operation and management of car parking assets; and the management of private funds oriented towards urban development. Its segment comprises of Parking business and Fund management. The parking business segment that derives the majority of revenue engages in the management and operations of car parking assets. The Fund management segment engages in management of private funds.

Shoucheng Holdings (Shoucheng Holdings) Headlines

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