BII Railway Transportation Technology Holdings Co (HKSE:01522) Interest Coverage : 37.60 (As of Dec. 2023)

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What is BII Railway Transportation Technology Holdings Co 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. BII Railway Transportation Technology Holdings Co's Operating Income for the six months ended in Dec. 2023 was HK$194 Mil. BII Railway Transportation Technology Holdings Co's Interest Expense for the six months ended in Dec. 2023 was HK$-5 Mil. BII Railway Transportation Technology Holdings Co's interest coverage for the quarter that ended in Dec. 2023 was 37.60. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for BII Railway Transportation Technology Holdings Co's Interest Coverage or its related term are showing as below:

HKSE:01522' s Interest Coverage Range Over the Past 10 Years
Min: 0.72 Med: 18.16 Max: No Debt
Current: 17.54

HKSE:01522's Interest Coverage is ranked worse than
57.72% of 1606 companies
in the Software industry
Industry Median: 28.9 vs HKSE:01522: 17.54

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

BII Railway Transportation Technology Holdings Co Interest Coverage Historical Data

The historical data trend for BII Railway Transportation Technology Holdings Co'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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BII Railway Transportation Technology Holdings Co Interest Coverage Chart

BII Railway Transportation Technology Holdings Co Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

4.04

8.73

8.76

18.78

17.54

BII Railway Transportation Technology Holdings Co Semi-Annual Data
	Dec13	Jun14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial															15.13	-	47.26	-	37.60

Competitive Comparison of BII Railway Transportation Technology Holdings Co's Interest Coverage

For the Information Technology Services subindustry, BII Railway Transportation Technology Holdings Co'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.

BII Railway Transportation Technology Holdings Co's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, BII Railway Transportation Technology Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where BII Railway Transportation Technology Holdings Co's Interest Coverage falls into.

BII Railway Transportation Technology Holdings Co 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.

BII Railway Transportation Technology Holdings Co'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, BII Railway Transportation Technology Holdings Co's Interest Expense was HK$-10 Mil. Its Operating Income was HK$183 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$25 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	183.382	/	-10.456
	=	17.54

BII Railway Transportation Technology Holdings Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, BII Railway Transportation Technology Holdings Co's Interest Expense was HK$-5 Mil. Its Operating Income was HK$194 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$25 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	194.103	/	-5.163
	=	37.60

The higher the ratio, the stronger the company's Financial Strength is.

BII Railway Transportation Technology Holdings Co (HKSE:01522) 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 .

BII Railway Transportation Technology Holdings Co Interest Coverage Related Terms

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

BII Railway Transportation Technology Holdings Co (HKSE:01522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BII Railway Transportation Technology Holdings Co Ltd (HKSE:01522) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

CN6:Germany

Address

No.4 Huixin East Street, Floor 15th, Tower 2, Fusheng Building, Chaoyang District, Beijing, CHN

Website

https://www.biitt.cn

BII Railway Transportation Technology Holdings Co Ltd is engaged in designing, implementing, selling, and maintenance, of application solutions for the networking and controlling systems of public transport. Its segments include Intelligent railway transportation, Infrastructure information, and Business development investment. The key part of the revenue is from the Intelligent railway transportation segment that provides design, production, implementation and sale, and maintenance of application solution services, which include related software, hardware, and spare parts in railway transportation areas. The group's revenue is from customers in the People's Republic of China.

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