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Guodian Technology & Environment Group (HKSE:01296) Interest Coverage : 0 (At Loss) (As of Dec. 2021)


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What is Guodian Technology & Environment 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. Guodian Technology & Environment Group's Operating Income for the six months ended in Dec. 2021 was HK$-1,601 Mil. Guodian Technology & Environment Group's Interest Expense for the six months ended in Dec. 2021 was HK$-236 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 Guodian Technology & Environment Group's Interest Coverage or its related term are showing as below:


HKSE:01296's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 13.69
* 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.


Guodian Technology & Environment Group Interest Coverage Historical Data

The historical data trend for Guodian Technology & Environment 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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Guodian Technology & Environment Group Interest Coverage Chart

Guodian Technology & Environment Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.37 0.07 1.13 -

Guodian Technology & Environment Group Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 - - 2.88 - -

Competitive Comparison of Guodian Technology & Environment Group's Interest Coverage

For the Pollution & Treatment Controls subindustry, Guodian Technology & Environment 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.


Guodian Technology & Environment Group's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guodian Technology & Environment Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Guodian Technology & Environment Group's Interest Coverage falls into.



Guodian Technology & Environment 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.

Guodian Technology & Environment Group's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Guodian Technology & Environment Group's Interest Expense was HK$-520 Mil. Its Operating Income was HK$-2,221 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2,529 Mil.

Guodian Technology & Environment Group did not have earnings to cover the interest expense.

Guodian Technology & Environment Group's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Here, for the six months ended in Dec. 2021, Guodian Technology & Environment Group's Interest Expense was HK$-236 Mil. Its Operating Income was HK$-1,601 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2,529 Mil.

Guodian Technology & Environment Group did not have earnings to cover the interest expense.

* 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.


Guodian Technology & Environment Group  (HKSE:01296) 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 .


Guodian Technology & Environment Group Interest Coverage Related Terms

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Guodian Technology & Environment Group (HKSE:01296) Business Description

Traded in Other Exchanges
N/A
Address
W.4th Ring Middle Road, Suite 1101, 11th Floor, Building 1, Yard 16, Haidian District, Beijing, CHN, 100039
Guodian Technology & Environment Group Corp Ltd together with its subsidiaries offers flagship platform for environmental protection and energy conservation solutions businesses. It operates in the following segments: Environmental Protection; Energy Conservation Solutions; Wind Power Products and Services; and All Others. The Environmental Protection segment offers environmental protection products and services which mainly consist of sulphur oxide, nitrogen oxide control technologies, rental of desulphurization and denitrification facilities. Energy Conservation Solutions segment which derives the majority of revenue covers energy-saving products and services. Wind Power Products and Services segment manufactures and sells wind turbine parts and components.

Guodian Technology & Environment Group (HKSE:01296) Headlines

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