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Eternal Asia Supply Chain Management (SZSE:002183) Interest Coverage : 0.90 (As of Mar. 2024)


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What is Eternal Asia Supply Chain Management 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. Eternal Asia Supply Chain Management's Operating Income for the three months ended in Mar. 2024 was ¥291 Mil. Eternal Asia Supply Chain Management's Interest Expense for the three months ended in Mar. 2024 was ¥-325 Mil. Eternal Asia Supply Chain Management's interest coverage for the quarter that ended in Mar. 2024 was 0.90. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Eternal Asia Supply Chain Management's Interest Coverage or its related term are showing as below:

SZSE:002183' s Interest Coverage Range Over the Past 10 Years
Min: 0.84   Med: 1.28   Max: 18.15
Current: 1.1


SZSE:002183's Interest Coverage is ranked worse than
93.85% of 797 companies
in the Business Services industry
Industry Median: 13.52 vs SZSE:002183: 1.10

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


Eternal Asia Supply Chain Management Interest Coverage Historical Data

The historical data trend for Eternal Asia Supply Chain Management'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.

Eternal Asia Supply Chain Management Interest Coverage Chart

Eternal Asia Supply Chain Management 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 0.86 0.84 1.33 1.23 1.08

Eternal Asia Supply Chain Management Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only 0.84 0.99 1.05 1.47 0.90

Competitive Comparison of Eternal Asia Supply Chain Management's Interest Coverage

For the Specialty Business Services subindustry, Eternal Asia Supply Chain Management'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.


Eternal Asia Supply Chain Management's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Eternal Asia Supply Chain Management's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Eternal Asia Supply Chain Management's Interest Coverage falls into.



Eternal Asia Supply Chain Management 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.

Eternal Asia Supply Chain Management'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, Eternal Asia Supply Chain Management's Interest Expense was ¥-1,368 Mil. Its Operating Income was ¥1,477 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2,268 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1476.622/-1367.641
=1.08

Eternal Asia Supply Chain Management's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Eternal Asia Supply Chain Management's Interest Expense was ¥-325 Mil. Its Operating Income was ¥291 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2,875 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*291.43/-325.278
=0.90

* 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.


Eternal Asia Supply Chain Management  (SZSE:002183) 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 .


Eternal Asia Supply Chain Management Interest Coverage Related Terms

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Eternal Asia Supply Chain Management (SZSE:002183) Business Description

Traded in Other Exchanges
N/A
Address
No. 3039 Shennan Middle Road, International Cultural Building, 27th Floor, Futian District, Shenzhen, CHN, 518033
Eternal Asia Supply Chain Management Ltd provides supply chain management services. It business areas cover sectors such as FMCG, IT, communications, and medical care.
Executives
Feng Wei Executives
Zhang Xiang Independent director
Zhang Shao Zhong Supervisors
Liang Xin Executives
Zhou Guo Hui Directors, executives
Xia Bin Directors, executives
Chang Xiao Yan Securities Affairs Representative
Ceng Fan Li Executives
Huang Wei Qun Supervisors
Li Qian Yi Executives
Chen Wei Min Directors, executives

Eternal Asia Supply Chain Management (SZSE:002183) Headlines

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