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BeijingWest Industries International (HKSE:02339) Interest Coverage : 0 (At Loss) (As of Jun. 2024)


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What is BeijingWest Industries International 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. BeijingWest Industries International's Operating Income for the six months ended in Jun. 2024 was HK$-39 Mil. BeijingWest Industries International's Interest Expense for the six months ended in Jun. 2024 was HK$-6 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 BeijingWest Industries International's Interest Coverage or its related term are showing as below:


HKSE:02339's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.84
* 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.


BeijingWest Industries International Interest Coverage Historical Data

The historical data trend for BeijingWest Industries International'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.

* Premium members only.

BeijingWest Industries International Interest Coverage Chart

BeijingWest Industries International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.77 0.15 - -

BeijingWest Industries International Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of BeijingWest Industries International's Interest Coverage

For the Auto Parts subindustry, BeijingWest Industries International'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.


BeijingWest Industries International's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BeijingWest Industries International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where BeijingWest Industries International's Interest Coverage falls into.


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BeijingWest Industries International 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.

BeijingWest Industries International'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, BeijingWest Industries International's Interest Expense was HK$-12 Mil. Its Operating Income was HK$-58 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$262 Mil.

BeijingWest Industries International did not have earnings to cover the interest expense.

BeijingWest Industries International's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, BeijingWest Industries International's Interest Expense was HK$-6 Mil. Its Operating Income was HK$-39 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$241 Mil.

BeijingWest Industries International 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.


BeijingWest Industries International  (HKSE:02339) 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 .


BeijingWest Industries International Interest Coverage Related Terms

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


BeijingWest Industries International Business Description

Traded in Other Exchanges
N/A
Address
39 Gloucester Road, Rooms 1005-06, 10th Floor, Harcourt Building, Wanchai, Hong Kong, HKG
BeijingWest Industries International Ltd is a China-based company engaged in the manufacturing, sale and trading of automotive parts and components. It is involved in one business segment, namely, Manufacturing and sales of auto parts. The company's products include Suspension and brake products. It also provides technical services related to its products. The company operates in the United Kingdom, Germany, United States, Mainland China, and other countries. The company generates the majority of its revenue from the sale of its industrial products.
Executives
Bwi Company Limited 2101 Beneficial owner
Bei Jing Jing Xi Zhong Gong You Xian Gong Si 2201 Interest of corporation controlled by you
Jing Xi Zhi Xing Zhang Jia Kou Qi Che Dian Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Zhang Jia Kou Guo Kong Zi Chan Guan Li Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhang Jia Kou Chan Ye Tou Zi Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhang Jia Kou Jin Rong Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zjkf Holdings International Limited 2106 Person having a security interest in shares
Shou Gang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhang Jia Kou Ju Xin Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing Fang Shan Guo You Zi Chan Jing Ying You Xian Ze Ren Gong Si

BeijingWest Industries International Headlines

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