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Yankuang Energy Group Co (Yankuang Energy Group Co) Interest Coverage : 8.90 (As of Dec. 2023)


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What is Yankuang Energy Group 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. Yankuang Energy Group Co's Operating Income for the three months ended in Dec. 2023 was $1,300 Mil. Yankuang Energy Group Co's Interest Expense for the three months ended in Dec. 2023 was $-146 Mil. Yankuang Energy Group Co's interest coverage for the quarter that ended in Dec. 2023 was 8.90. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Yankuang Energy Group Co's Interest Coverage or its related term are showing as below:

YZCHF' s Interest Coverage Range Over the Past 10 Years
Min: 0.91   Med: 4.55   Max: 11.57
Current: 8.55


YZCHF's Interest Coverage is ranked worse than
68.75% of 128 companies
in the Other Energy Sources industry
Industry Median: 21.805 vs YZCHF: 8.55

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


Yankuang Energy Group Co Interest Coverage Historical Data

The historical data trend for Yankuang Energy Group 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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Yankuang Energy Group Co Interest Coverage Chart

Yankuang Energy Group 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 6.96 4.24 5.56 11.57 8.55

Yankuang Energy Group 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 13.69 12.12 9.39 6.35 8.90

Competitive Comparison of Yankuang Energy Group Co's Interest Coverage

For the Thermal Coal subindustry, Yankuang Energy Group 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.


Yankuang Energy Group Co's Interest Coverage Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Yankuang Energy Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Yankuang Energy Group Co's Interest Coverage falls into.



Yankuang Energy Group 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.

Yankuang Energy Group 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, Yankuang Energy Group Co's Interest Expense was $-629 Mil. Its Operating Income was $5,378 Mil. And its Long-Term Debt & Capital Lease Obligation was $10,343 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*5378.423/-629.282
=8.55

Yankuang Energy Group Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Yankuang Energy Group Co's Interest Expense was $-146 Mil. Its Operating Income was $1,300 Mil. And its Long-Term Debt & Capital Lease Obligation was $10,343 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1299.965/-146.071
=8.90

* 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.


Yankuang Energy Group Co  (OTCPK:YZCHF) 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 .


Yankuang Energy Group Co Interest Coverage Related Terms

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


Yankuang Energy Group Co (Yankuang Energy Group Co) Business Description

Address
949 South Fushan Road, Shandong Province, Zoucheng, CHN, 273500
Yankuang Energy Group Co Ltd, is an integrated thermal and coking coal-mining company, with operations in mainland China and Australia. The company also engages in power/heat generation and rail transportation and produces coal chemicals including methanol. Coal accounted for more than 90% of the group's gross profit in 2019. The firm is the second-largest coal miner in China by production and is listed on the exchanges in Hong Kong, Shanghai, and New York.

Yankuang Energy Group Co (Yankuang Energy Group Co) Headlines

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