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Roma Green Finance (Roma Green Finance) Interest Coverage : No Debt (1) (As of Mar. 2023)


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What is Roma Green Finance 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. Roma Green Finance's Operating Income for the six months ended in Mar. 2023 was $-0.04 Mil. Roma Green Finance's Interest Expense for the six months ended in Mar. 2023 was $0.00 Mil. Roma Green Finance has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Roma Green Finance Ltd has no debt.

(1) 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.

The historical rank and industry rank for Roma Green Finance's Interest Coverage or its related term are showing as below:

ROMA' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

ROMA's Interest Coverage is ranked better than
99.11% of 789 companies
in the Business Services industry
Industry Median: 13.39 vs ROMA: No Debt

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

Roma Green Finance Interest Coverage Historical Data

The historical data trend for Roma Green Finance'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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Roma Green Finance Interest Coverage Chart

Roma Green Finance Annual Data
Trend Mar21 Mar22 Mar23
Interest Coverage
No Debt No Debt No Debt

Roma Green Finance Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23
Interest Coverage No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Roma Green Finance's Interest Coverage

For the Consulting Services subindustry, Roma Green Finance'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.

Roma Green Finance's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Roma Green Finance's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Roma Green Finance's Interest Coverage falls into.


Roma Green Finance 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.

Roma Green Finance'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, Roma Green Finance's Interest Expense was $0.00 Mil. Its Operating Income was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Roma Green Finance had no debt (1).

Roma Green Finance's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the six months ended in Mar. 2023, Roma Green Finance's Interest Expense was $0.00 Mil. Its Operating Income was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Roma Green Finance had no debt (1).

* 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.

Roma Green Finance  (NAS:ROMA) 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 .

Roma Green Finance Interest Coverage Related Terms

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

Roma Green Finance (Roma Green Finance) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Roma Green Finance Ltd (NAS:ROMA) » Definitions » Interest Coverage
Comparable Companies
Traded in Other Exchanges
N/A
Address
8 Fleming Road, Flat 605, 6 Floor, Tai Tung Building, Wanchai, Hong Kong, HKG
Website
http://www.romaesg.com
Roma Green Finance Ltd is principally engaged in the provision of ESG, corporate governance and risk management as well as sustainability and climate change-related advisory services. The company works closely with its clients to help them understand, identify, manage and overcome various business matters arising from such factors related to ESG, sustainability and climate change. it provides tailored-made sustainability solutions to meet the client's specific needs. Its mission is to provide its clients with a one-stop destination for high-quality and holistic sustainability and climate change-related consulting services to support a more sustainable, balanced and inclusive future for our clients' organizations and the world.

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