ZJLD Group (FRA:LH6) Interest Coverage : 68.51 (As of Dec. 2024)

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What is ZJLD Group 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. ZJLD Group's Operating Income for the six months ended in Dec. 2024 was €86.2 Mil. ZJLD Group's Interest Expense for the six months ended in Dec. 2024 was €-1.3 Mil. ZJLD Group's interest coverage for the quarter that ended in Dec. 2024 was 68.51. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. ZJLD Group Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

FRA:LH6' s Interest Coverage Range Over the Past 10 Years
Min: 17.99 Med: 53.42 Max: 436.92
Current: 127.83

FRA:LH6's Interest Coverage is ranked better than
77.02% of 161 companies
in the Beverages - Alcoholic industry
Industry Median: 10.28 vs FRA:LH6: 127.83

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

ZJLD Group Interest Coverage Historical Data

The historical data trend for ZJLD Group'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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ZJLD Group Interest Coverage Chart

ZJLD Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

17.99

40.04

53.42

436.84

127.46

ZJLD Group Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial			85.36	402.73	483.58	300.20	68.51

Competitive Comparison of ZJLD Group's Interest Coverage

For the Beverages - Wineries & Distilleries subindustry, ZJLD Group'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.

ZJLD Group's Interest Coverage Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, ZJLD Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ZJLD Group's Interest Coverage falls into.

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ZJLD Group 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.

ZJLD Group's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, ZJLD Group's Interest Expense was €-1.7 Mil. Its Operating Income was €215.4 Mil. And its Long-Term Debt & Capital Lease Obligation was €2.5 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	215.4	/	-1.69
	=	127.46

ZJLD Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, ZJLD Group's Interest Expense was €-1.3 Mil. Its Operating Income was €86.2 Mil. And its Long-Term Debt & Capital Lease Obligation was €2.5 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	86.249	/	-1.259
	=	68.51

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

ZJLD Group (FRA:LH6) 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 .

ZJLD Group Interest Coverage Related Terms

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

ZJLD Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » ZJLD Group Inc (FRA:LH6) » Definitions » Interest Coverage

Traded in Other Exchanges

06979:Hong Kong

Address

No.15 Baiqiao Avenue, 8th Floor, Jiahe Guoxin Building, Dongcheng District, Beijing, CHN

Website

https://www.zjld.com

Zhenjiu Lidu is one of the leading non-state-owned baijiu distillers in China. It operates a portfolio of baijiu brands with aroma ranging across jiang, rich, and mixed flavors that include Zhen Jiu, Li Du, Xiang Jiao, and Kai Kou Xiao, which contributed 63%, 19%, 11%, and 5% of total revenue in 2024, respectively. ZJLD listed on the Hong Kong Stock Exchange in April 2023 and was the ninth-largest among the listed baijiu distillers in terms of revenue in 2023. Through Jindong Investment, Chair Wu Xiangdong controls 67% of the firm's total equity stake as of December 2024.

ZJLD Group Headlines

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