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JiaChen Holding Group (HKSE:01937) Interest Coverage : 10.99 (As of Dec. 2024)


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What is JiaChen Holding 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. JiaChen Holding Group's Operating Income for the six months ended in Dec. 2024 was HK$14.4 Mil. JiaChen Holding Group's Interest Expense for the six months ended in Dec. 2024 was HK$-1.3 Mil. JiaChen Holding Group's interest coverage for the quarter that ended in Dec. 2024 was 10.99. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:01937' s Interest Coverage Range Over the Past 10 Years
Min: 4.34   Med: 8.36   Max: 9.59
Current: 9.58


HKSE:01937's Interest Coverage is ranked better than
55.96% of 1326 companies
in the Construction industry
Industry Median: 7.22 vs HKSE:01937: 9.58

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


JiaChen Holding Group Interest Coverage Historical Data

The historical data trend for JiaChen Holding 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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JiaChen Holding Group Interest Coverage Chart

JiaChen Holding Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 4.34 9.28 5.20 4.89 9.59

JiaChen Holding Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 4.20 2.90 7.15 8.52 10.99

Competitive Comparison of JiaChen Holding Group's Interest Coverage

For the Building Products & Equipment subindustry, JiaChen Holding 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.


JiaChen Holding Group's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, JiaChen Holding Group's Interest Coverage distribution charts can be found below:

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


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JiaChen Holding 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.

JiaChen Holding 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, JiaChen Holding Group's Interest Expense was HK$-3.1 Mil. Its Operating Income was HK$29.2 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*29.248/-3.051
=9.59

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

Here, for the six months ended in Dec. 2024, JiaChen Holding Group's Interest Expense was HK$-1.3 Mil. Its Operating Income was HK$14.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*14.411/-1.311
=10.99

* 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.


JiaChen Holding Group  (HKSE:01937) 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 .


JiaChen Holding Group Interest Coverage Related Terms

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


JiaChen Holding Group Business Description

Traded in Other Exchanges
N/A
Address
No.18 Changhong East Road, Henglin Town, Wujin District, Jiangsu Province, Chengzhou, CHN
JiaChen Holding Group Ltd is engaged in the manufacturing and sales of access flooring products and provides related installation services. Its segments consist of Steel access flooring plates and Calcium-sulfate access flooring plates. Its access flooring products have been applied in office buildings in China with characteristics of cable management (wires and cables are managed and organized underfloor with flexibility to accommodate any electronic devices); short installation time; high compressive strength and fire-resistance characteristics; and high bearing capacity. The geographical presence of the company is in Hong Kong, PRC, and Other countries and regions. It generates the majority of its revenue from the PRC.
Executives
Shen Min 2201 Interest of corporation controlled by you
Zhang Yaying 2202 Interest of your spouse
Global Yunhong Group Limited 2101 Beneficial owner
Jia Chen Tou Zi You Xian Gong Si 2101 Beneficial owner
Li Yubao 2201 Interest of corporation controlled by you
Liu Hui 2202 Interest of your spouse
Shen Minghui 2201 Interest of corporation controlled by you
Xin Chen Tou Zi You Xian Gong Si 2101 Beneficial owner
Yi Long Tou Zi You Xian Gong Si 2101 Beneficial owner

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