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Beijing Beida Jade Bird Universal Sci-Tech Co (HKSE:08095) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Beijing Beida Jade Bird Universal Sci-Tech 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. Beijing Beida Jade Bird Universal Sci-Tech Co's Operating Income for the three months ended in Dec. 2023 was HK$-37.8 Mil. Beijing Beida Jade Bird Universal Sci-Tech Co's Interest Expense for the three months ended in Dec. 2023 was HK$-18.3 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Beijing Beida Jade Bird Universal Sci-Tech Co's Interest Coverage or its related term are showing as below:


HKSE:08095's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* 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.


Beijing Beida Jade Bird Universal Sci-Tech Co Interest Coverage Historical Data

The historical data trend for Beijing Beida Jade Bird Universal Sci-Tech 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.

* Premium members only.

Beijing Beida Jade Bird Universal Sci-Tech Co Interest Coverage Chart

Beijing Beida Jade Bird Universal Sci-Tech Co 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 6.42 1.59 - - -

Beijing Beida Jade Bird Universal Sci-Tech Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 - 0.66 0.49 1.26 -

Competitive Comparison of Beijing Beida Jade Bird Universal Sci-Tech Co's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Beijing Beida Jade Bird Universal Sci-Tech 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.


Beijing Beida Jade Bird Universal Sci-Tech Co's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Beijing Beida Jade Bird Universal Sci-Tech Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Beijing Beida Jade Bird Universal Sci-Tech Co's Interest Coverage falls into.



Beijing Beida Jade Bird Universal Sci-Tech 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.

Beijing Beida Jade Bird Universal Sci-Tech 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, Beijing Beida Jade Bird Universal Sci-Tech Co's Interest Expense was HK$-60.2 Mil. Its Operating Income was HK$-4.1 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$213.0 Mil.

Beijing Beida Jade Bird Universal Sci-Tech Co did not have earnings to cover the interest expense.

Beijing Beida Jade Bird Universal Sci-Tech Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Beijing Beida Jade Bird Universal Sci-Tech Co's Interest Expense was HK$-18.3 Mil. Its Operating Income was HK$-37.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$213.0 Mil.

Beijing Beida Jade Bird Universal Sci-Tech Co did not have earnings to cover the interest expense.

* 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.


Beijing Beida Jade Bird Universal Sci-Tech Co  (HKSE:08095) 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 .


Beijing Beida Jade Bird Universal Sci-Tech Co Interest Coverage Related Terms

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Beijing Beida Jade Bird Universal Sci-Tech Co (HKSE:08095) Business Description

Traded in Other Exchanges
Address
No. 207 Chengfu Road, 3rd Floor, Beida Jade Bird Building, Haidian District, Beijing, CHN, 100871
Beijing Beida Jade Bird Universal Sci-Tech Co Ltd is an investment holding company. Along with subsidiaries, the firm operates in business segments including, Tourism development, Investment holding, Trading of metallic products, Sales & production of LED devices, and All other segments. The tourism segment develops travel & leisure businesses. The trading of metallic products segment includes sales & purchases of metallic products. The investment holding segment invests in funds, debt, & equity investments. Sales & production of LED devices include the development of ceramic end-high of sale & devices and LED power-high modules All other segment is engaged in sales of wine & related products. The company generates the majority of its revenue from the Trading of metallic products segment.
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Beijing Beida Jade Bird Universal Sci-Tech Co (HKSE:08095) Headlines

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