CHJI (China Changjiang Mining & New Energy Co) Interest Coverage: No Debt (1) (As of Dec. 2023)


What is China Changjiang Mining & New Energy Co Interest Coverage?

China Changjiang Mining & New Energy Co CHJI Interest Coverage is No Debt (1) as of Dec. 2023.

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. China Changjiang Mining & New Energy Co's Operating Income for the three months ended in Dec. 2023 was $0.00 Mil. China Changjiang Mining & New Energy Co's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. China Changjiang Mining & New Energy Co has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for China Changjiang Mining & New Energy Co's Interest Coverage or its related term are showing as below:


CHJI's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.41
* 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.

China Changjiang Mining & New Energy Co  (OTCPK:CHJI) 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 .

China Changjiang Mining & New Energy Co Interest Coverage Related Terms

China Changjiang Mining & New Energy Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for China Changjiang Mining & New Energy 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.

China Changjiang Mining & New Energy Co Interest Coverage Chart

China Changjiang Mining & New Energy Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 No Debt No Debt No Debt No Debt

China Changjiang Mining & New Energy Co Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 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 No Debt No Debt No Debt No Debt No Debt

CHJI vs GSLR, SING, SUNWQ: Interest Coverage Comparison

For the Solar subindustry, China Changjiang Mining & New Energy 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.

China Changjiang Mining & New Energy Co Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, China Changjiang Mining & New Energy Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China Changjiang Mining & New Energy Co's Interest Coverage falls into.


China Changjiang Mining & New Energy 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.

China Changjiang Mining & New Energy 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, China Changjiang Mining & New Energy Co's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

China Changjiang Mining & New Energy Co had no debt (1).

China Changjiang Mining & New Energy Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, China Changjiang Mining & New Energy Co's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

China Changjiang Mining & New Energy Co had no debt (1).

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
China Changjiang Mining & New Energy Co (CHJI) has a Interest Coverage of No Debt (1) as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on China Changjiang Mining & New Energy Co and its competitors.
Is China Changjiang Mining & New Energy Co's Interest Coverage too high?
China Changjiang Mining & New Energy Co's current Interest Coverage is No Debt (1).
How does China Changjiang Mining & New Energy Co's Interest Coverage compare to GSLR and SING?
China Changjiang Mining & New Energy Co's Interest Coverage of No Debt (1) can be compared against companies in the Semiconductors industry. The industry median Interest Coverage is 20.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.41, based on 636 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on China Changjiang Mining & New Energy Co and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Changjiang Mining & New Energy Co's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Changjiang Mining & New Energy Co stock overvalued right now?
China Changjiang Mining & New Energy Co (CHJI) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For China Changjiang Mining & New Energy Co (CHJI), the current Interest Coverage is No Debt (1) as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Changjiang Mining & New Energy Co Business Description

Address No. 1038 West Nanjing Road, 37th Floor, Jing’An District, Shanghai, CHN, 200041
China Changjiang Mining & New Energy Co Ltd designs, engineers, constructs, markets, and sells photovoltaic (PV) energy facilities for commercial and utility applications to local markets. It is engaged in the development and operation of engineering, procurement, and construction contractors of solar PV energy facilities.