New City Development Group

New City Development Group Interest Coverage

The Interest Coverage Ratio of New City Development Group (456.HK) as of Oct 22, 2026 is -6.24. In the previous year, Interest Coverage Ratio was -0.10 — a change of 6,049.96% (lower).

Interest Coverage

-6.24

YoY

6,049.96%

Last updated:

Interest Coverage Ratio of New City Development Group is 2024 -6.24 . Interest Coverage Ratio of New City Development Group was 2023 -0.10 . It decreases by 6,049.96% lower compared to the previous year.

The New City Development Group Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
0.47 HKD
Jan 1, 2018
-0.59 HKD
Jan 1, 2019
0.07 HKD
Jan 1, 2020
-1.01 HKD
Jan 1, 2021
-1.86 HKD
Jan 1, 2022
-2.01 HKD
Jan 1, 2023
-0.10 HKD
Jan 1, 2024
-6.24 HKD
The New City Development Group Interest Coverage history
YEARInterest CoverageYoY
-6.24+6,049.96%
-0.10-94.95%
-2.01+7.90%
-1.86+84.58%
-1.01-1,610.25%
0.07-111.25%
-0.59-225.95%
0.47-72.91%
1.74-41.61%
2.98+381.05%
0.62—

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New City Development Group Stock analysis

What does New City Development Group do? New City Development Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about New City Development Group stock

Interest Coverage Ratio of New City Development Group is -6.24 in 2024.

Interest Coverage Ratio of New City Development Group changed from -0.10 to -6.24, representing a 6,049.96% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio New City Development Group since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's New City Development Group with sector peers and the industry average to assess whether it is attractive.

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Leverage — New City Development Group

All Key Metrics — New City Development Group