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Beijing SDL Technology Co (SZSE:002658) Interest Coverage : 20.79 (As of Dec. 2023)


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What is Beijing SDL Technology 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 SDL Technology Co's Operating Income for the three months ended in Dec. 2023 was ¥95 Mil. Beijing SDL Technology Co's Interest Expense for the three months ended in Dec. 2023 was ¥-5 Mil. Beijing SDL Technology Co's interest coverage for the quarter that ended in Dec. 2023 was 20.79. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Beijing SDL Technology Co's Interest Coverage or its related term are showing as below:

SZSE:002658' s Interest Coverage Range Over the Past 10 Years
Min: 6.2   Med: 14.02   Max: 446.53
Current: 11.35


SZSE:002658's Interest Coverage is ranked worse than
51.93% of 1604 companies
in the Hardware industry
Industry Median: 12.555 vs SZSE:002658: 11.35

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 SDL Technology Co Interest Coverage Historical Data

The historical data trend for Beijing SDL Technology 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 SDL Technology Co Interest Coverage Chart

Beijing SDL Technology 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 6.20 6.83 11.16 16.68 11.35

Beijing SDL Technology 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 19.83 9.44 8.20 7.57 20.79

Competitive Comparison of Beijing SDL Technology Co's Interest Coverage

For the Scientific & Technical Instruments subindustry, Beijing SDL Technology 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 SDL Technology Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing SDL Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Beijing SDL Technology Co's Interest Coverage falls into.



Beijing SDL Technology 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 SDL Technology 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 SDL Technology Co's Interest Expense was ¥-19 Mil. Its Operating Income was ¥218 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*217.803/-19.193
=11.35

Beijing SDL Technology 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 SDL Technology Co's Interest Expense was ¥-5 Mil. Its Operating Income was ¥95 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*94.638/-4.553
=20.79

* 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 SDL Technology Co  (SZSE:002658) 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 SDL Technology Co Interest Coverage Related Terms

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


Beijing SDL Technology Co (SZSE:002658) Business Description

Traded in Other Exchanges
N/A
Address
No.3, Hi-tech 3 street, Beijing International Information Industry Base, Huilongguan, Changping district, Beijing, CHN
Beijing SDL Technology Co Ltd is an environmental monitoring corporation in China. The company is organized around five major business areas: environmental monitoring, intelligent environmental information systems, environmental solutions, process analytics, and third-party testing, maintenance, and service. The company also provide customers with tailor-made integrated solutions for continuous monitoring, automatic control, operation, and maintenance. The company's products are widely used for emissions and air quality monitoring and process analytical solutions in governmental programs and various industries including environmental, power, cement, iron and steel, air separation, and petrochemical.

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