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Suzhou Novosense Microelectronics Co (SHSE:688052) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Suzhou Novosense Microelectronics 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. Suzhou Novosense Microelectronics Co's Operating Income for the three months ended in Mar. 2024 was ¥-147 Mil. Suzhou Novosense Microelectronics Co's Interest Expense for the three months ended in Mar. 2024 was ¥-5 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 Suzhou Novosense Microelectronics Co's Interest Coverage or its related term are showing as below:


SHSE:688052's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.035
* 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.


Suzhou Novosense Microelectronics Co Interest Coverage Historical Data

The historical data trend for Suzhou Novosense Microelectronics 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.

Suzhou Novosense Microelectronics Co Interest Coverage Chart

Suzhou Novosense Microelectronics Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial - 28.81 107.49 32.61 -

Suzhou Novosense Microelectronics Co Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 1.91 -

Competitive Comparison of Suzhou Novosense Microelectronics Co's Interest Coverage

For the Semiconductors subindustry, Suzhou Novosense Microelectronics 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.


Suzhou Novosense Microelectronics Co's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Suzhou Novosense Microelectronics Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Suzhou Novosense Microelectronics Co's Interest Coverage falls into.



Suzhou Novosense Microelectronics 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.

Suzhou Novosense Microelectronics 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, Suzhou Novosense Microelectronics Co's Interest Expense was ¥-5 Mil. Its Operating Income was ¥-334 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥337 Mil.

Suzhou Novosense Microelectronics Co did not have earnings to cover the interest expense.

Suzhou Novosense Microelectronics Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Suzhou Novosense Microelectronics Co's Interest Expense was ¥-5 Mil. Its Operating Income was ¥-147 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥337 Mil.

Suzhou Novosense Microelectronics 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.


Suzhou Novosense Microelectronics Co  (SHSE:688052) 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 .


Suzhou Novosense Microelectronics Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Suzhou Novosense Microelectronics Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Suzhou Novosense Microelectronics Co (SHSE:688052) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Jinji Lake Avenue, C1-501, Artificial Intelligence Industrial Park, Industrial Park, Jiangsu Province, Suzhou, CHN, 215000
Suzhou Novosense Microelectronics Co Ltd is focused on the research and development and sales of high-performance, high-reliability analog integrated circuits.

Suzhou Novosense Microelectronics Co (SHSE:688052) Headlines

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