Shanghai Jiaoda Withub Information Industrial Co (HKSE:08205) Interest Coverage : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Shanghai Jiaoda Withub Information Industrial 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. Shanghai Jiaoda Withub Information Industrial Co's Operating Income for the three months ended in Dec. 2023 was HK$-0.82 Mil. Shanghai Jiaoda Withub Information Industrial Co's Interest Expense for the three months ended in Dec. 2023 was HK$0.00 Mil. Shanghai Jiaoda Withub Information Industrial Co has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shanghai Jiaoda Withub Information Industrial Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

(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 Shanghai Jiaoda Withub Information Industrial Co's Interest Coverage or its related term are showing as below:

HKSE:08205's Interest Coverage is not ranked ^*
in the Software industry.
Industry Median: 28.92
* 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.

Shanghai Jiaoda Withub Information Industrial Co Interest Coverage Historical Data

The historical data trend for Shanghai Jiaoda Withub Information Industrial 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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Shanghai Jiaoda Withub Information Industrial Co Interest Coverage Chart

Shanghai Jiaoda Withub Information Industrial Co Annual Data

Trend

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Dec23

Interest Coverage

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4.21

Shanghai Jiaoda Withub Information Industrial 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															N/A	No Debt	N/A	No Debt	No Debt

Competitive Comparison of Shanghai Jiaoda Withub Information Industrial Co's Interest Coverage

For the Software - Application subindustry, Shanghai Jiaoda Withub Information Industrial 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.

Shanghai Jiaoda Withub Information Industrial Co's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Jiaoda Withub Information Industrial Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shanghai Jiaoda Withub Information Industrial Co's Interest Coverage falls into.

Shanghai Jiaoda Withub Information Industrial 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.

Shanghai Jiaoda Withub Information Industrial 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, Shanghai Jiaoda Withub Information Industrial Co's Interest Expense was HK$-0.22 Mil. Its Operating Income was HK$-10.49 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Shanghai Jiaoda Withub Information Industrial Co did not have earnings to cover the interest expense.

Shanghai Jiaoda Withub Information Industrial Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Shanghai Jiaoda Withub Information Industrial Co's Interest Expense was HK$0.00 Mil. Its Operating Income was HK$-0.82 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Shanghai Jiaoda Withub Information Industrial Co had no debt ⁽¹⁾.

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

Shanghai Jiaoda Withub Information Industrial Co (HKSE:08205) 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 .

Shanghai Jiaoda Withub Information Industrial Co Interest Coverage Related Terms

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Shanghai Jiaoda Withub Information Industrial Co (HKSE:08205) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai Jiaoda Withub Information Industrial Co Ltd (HKSE:08205) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building A, No. 951 Panyu Road, Shanghai Jiaoda Withub Information Park, Shanghai, CHN, 200030

Website

http://www.withub.com.cn

Shanghai Jiaoda Withub Information Industrial Co Ltd is engaged in computer network and internet security integration, application software development, building intelligent system integration, and information technology products sales agent. The business of company operates through two segments that include Business application project and application software & Sales of Products. The Business Application Project and Application Software segment is engaged in the development and provision of business application project services, including business solutions, application software, installation & maintenance services, and data security products. The Business Application Solutions generate maximum revenue for the company. It offers its services only to the People's Republic of China region.

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Shanghai Jiaoda Withub Information Industrial Co (HKSE:08205) Interest Coverage : No Debt (1) (As of Dec. 2023)