Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Interest Coverage : 0 (At Loss) (As of Mar. 2024)

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What is Hi-Think Yondervision (Beijing) Tech 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. Hi-Think Yondervision (Beijing) Tech Co's Operating Income for the three months ended in Mar. 2024 was ¥-12.1 Mil. Hi-Think Yondervision (Beijing) Tech Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.2 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 Hi-Think Yondervision (Beijing) Tech Co's Interest Coverage or its related term are showing as below:

BJSE:837592' s Interest Coverage Range Over the Past 10 Years
Min: 12.11 Med: 77.39 Max: 1423.3
Current: 37.8

BJSE:837592's Interest Coverage is ranked better than
53.62% of 1602 companies
in the Software industry
Industry Median: 29.785 vs BJSE:837592: 37.80

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

Hi-Think Yondervision (Beijing) Tech Co Interest Coverage Historical Data

The historical data trend for Hi-Think Yondervision (Beijing) Tech 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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Hi-Think Yondervision (Beijing) Tech Co Interest Coverage Chart

Hi-Think Yondervision (Beijing) Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

281.97

24.22

41.93

31.97

Hi-Think Yondervision (Beijing) Tech Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial															-	-	-	244.28	-

Competitive Comparison of Hi-Think Yondervision (Beijing) Tech Co's Interest Coverage

For the Information Technology Services subindustry, Hi-Think Yondervision (Beijing) Tech 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.

Hi-Think Yondervision (Beijing) Tech Co's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Hi-Think Yondervision (Beijing) Tech Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hi-Think Yondervision (Beijing) Tech Co's Interest Coverage falls into.

Hi-Think Yondervision (Beijing) Tech 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.

Hi-Think Yondervision (Beijing) Tech 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, Hi-Think Yondervision (Beijing) Tech Co's Interest Expense was ¥-0.4 Mil. Its Operating Income was ¥14.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥11.9 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	14.354	/	-0.449
	=	31.97

Hi-Think Yondervision (Beijing) Tech Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Hi-Think Yondervision (Beijing) Tech Co's Interest Expense was ¥-0.2 Mil. Its Operating Income was ¥-12.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥11.8 Mil.

Hi-Think Yondervision (Beijing) Tech Co did not have earnings to cover the interest expense.

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

Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) 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 .

Hi-Think Yondervision (Beijing) Tech Co Interest Coverage Related Terms

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Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hi-Think Yondervision (Beijing) Tech Co Ltd (BJSE:837592) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, North Taipingzhuang Road, Floor 12, Building A, Chengjian Building, Haidian, Beijing, CHN, 100088

Website

https://www.yondervision.com.cn

Hi-Think Yondervision (Beijing) Tech Co Ltd is a provider of digital solutions for housing provident funds and banking And service operators, providing housing provident fund management agencies and banks across the country with information system-related software customization development, maintenance services, third-party product sales and integration, outsourcing services and other services across multiple scenarios. At present, the company's business mainly includes five sectors: digital provident fund, digital port, digital financial services, service outsourcing, and data intelligence services. It has always focused on the field of housing finance, providing high-quality software products and digital services for housing provident fund management institutions across the country.

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