Wuxi AppTec Co (HKSE:02359) Interest Coverage : 47.46 (As of Mar. 2025)

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What is Wuxi AppTec Co 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. Wuxi AppTec Co's Operating Income for the three months ended in Mar. 2025 was HK$3,346 Mil. Wuxi AppTec Co's Interest Expense for the three months ended in Mar. 2025 was HK$-71 Mil. Wuxi AppTec Co's interest coverage for the quarter that ended in Mar. 2025 was 47.46. 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. Wuxi AppTec Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Wuxi AppTec Co's Interest Coverage or its related term are showing as below:

HKSE:02359' s Interest Coverage Range Over the Past 10 Years
Min: 17.99 Med: 45.04 Max: 219.51
Current: 55.22

HKSE:02359's Interest Coverage is ranked better than
75.76% of 99 companies
in the Medical Diagnostics & Research industry
Industry Median: 11.31 vs HKSE:02359: 55.22

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

Wuxi AppTec Co Interest Coverage Historical Data

The historical data trend for Wuxi AppTec 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.

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Wuxi AppTec Co Interest Coverage Chart

Wuxi AppTec Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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23.51

68.41

90.68

219.51

53.75

Wuxi AppTec Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial															39.04	47.05	77.20	55.49	47.46

Competitive Comparison of Wuxi AppTec Co's Interest Coverage

For the Diagnostics & Research subindustry, Wuxi AppTec 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.

Wuxi AppTec Co's Interest Coverage Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Wuxi AppTec Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wuxi AppTec Co's Interest Coverage falls into.

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Wuxi AppTec 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.

Wuxi AppTec Co'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, Wuxi AppTec Co's Interest Expense was HK$-231 Mil. Its Operating Income was HK$12,398 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3,743 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	12398.097	/	-230.653
	=	53.75

Wuxi AppTec Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Wuxi AppTec Co's Interest Expense was HK$-71 Mil. Its Operating Income was HK$3,346 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1,489 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	3346.411	/	-70.51
	=	47.46

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

Wuxi AppTec Co (HKSE:02359) 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 .

Wuxi AppTec Co Interest Coverage Related Terms

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

Wuxi AppTec Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Wuxi AppTec Co Ltd (HKSE:02359) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

WUXIF:USA WUXAY:USA WX8:Germany 603259:China

Address

288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Pudong New Area, Shanghai, CHN, 200131

Website

https://www.wuxiapptec.com

Wuxi AppTec Co Ltd provides a portfolio of research and manufacturing services throughout the discovery, development, and manufacturing spectrum for small molecule drugs, development of computer software and databases as well as consulting services for combinatorial chemistry and pharmaceuticals. The services offered by the company include drug research and development testing, clinical research services, an end-to-end CRDMO platform for peptide, oligonucleotide, and small molecules, and integrated biology services and solutions for drug discovery. The company's reportable segments are WuXi Chemistry, which derives maximum revenue, WuXi Testing, WuXi Biology, and Others. Geographically, it derives key revenue from the United States of America, followed by China, Europe, and other regions.

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