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Pop Mart International Group (HKSE:09992) Interest Coverage : 39.73 (As of Dec. 2023)


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What is Pop Mart International Group 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. Pop Mart International Group's Operating Income for the six months ended in Dec. 2023 was HK$766 Mil. Pop Mart International Group's Interest Expense for the six months ended in Dec. 2023 was HK$-19 Mil. Pop Mart International Group's interest coverage for the quarter that ended in Dec. 2023 was 39.73. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:09992' s Interest Coverage Range Over the Past 10 Years
Min: 2.65   Med: 54.1   Max: 103.41
Current: 37.94


HKSE:09992's Interest Coverage is ranked better than
77.54% of 610 companies
in the Travel & Leisure industry
Industry Median: 5.19 vs HKSE:09992: 37.94

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


Pop Mart International Group Interest Coverage Historical Data

The historical data trend for Pop Mart International Group'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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Pop Mart International Group Interest Coverage Chart

Pop Mart International Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 103.41 66.64 54.10 14.08 37.94

Pop Mart International Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.18 26.69 6.74 35.79 39.73

Competitive Comparison of Pop Mart International Group's Interest Coverage

For the Leisure subindustry, Pop Mart International Group'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.


Pop Mart International Group's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pop Mart International Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pop Mart International Group's Interest Coverage falls into.



Pop Mart International Group 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.

Pop Mart International Group'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, Pop Mart International Group's Interest Expense was HK$-35 Mil. Its Operating Income was HK$1,342 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$466 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1342.028/-35.37
=37.94

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

Here, for the six months ended in Dec. 2023, Pop Mart International Group's Interest Expense was HK$-19 Mil. Its Operating Income was HK$766 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$466 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*766.458/-19.29
=39.73

* 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.


Pop Mart International Group  (HKSE:09992) 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 .


Pop Mart International Group Interest Coverage Related Terms

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


Pop Mart International Group (HKSE:09992) Business Description

Traded in Other Exchanges
Address
Hongtai East Street, Floor 36 and 37, Block A, Puxiang Center, Dawangjing Technology Business Park, Chaoyang District, Beijing, CHN, 100102
Pop Mart International Group Ltd is principally engaged in the product design and development and sale of pop toys in China. It generates maximum revenue from a retail store. The company generates revenue from retail store sales, roboshop sales, wholesales and majority being from online sales.
Executives
Wang Ning 2201 Interest of corporation controlled by you
Yang Tao 2202 Interest of your spouse
Gwf Holding Limited 2101 Beneficial owner
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Dong Fang Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Pop Mart Hehuo Holding Limited 2101 Beneficial owner

Pop Mart International Group (HKSE:09992) Headlines

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