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Anchun International Holdings (SGX:BTX) Interest Coverage : 876.67 (As of Dec. 2024)


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What is Anchun International Holdings 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. Anchun International Holdings's Operating Income for the six months ended in Dec. 2024 was S$2.63 Mil. Anchun International Holdings's Interest Expense for the six months ended in Dec. 2024 was S$-0.00 Mil. Anchun International Holdings's interest coverage for the quarter that ended in Dec. 2024 was 876.67. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Anchun International Holdings Ltd has no debt.

The historical rank and industry rank for Anchun International Holdings's Interest Coverage or its related term are showing as below:

SGX:BTX' s Interest Coverage Range Over the Past 10 Years
Min: 10.6   Med: 956   Max: No Debt
Current: 318.75


SGX:BTX's Interest Coverage is ranked better than
90.95% of 1194 companies
in the Chemicals industry
Industry Median: 10.305 vs SGX:BTX: 318.75

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


Anchun International Holdings Interest Coverage Historical Data

The historical data trend for Anchun International Holdings'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.

Anchun International Holdings Interest Coverage Chart

Anchun International Holdings 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 - No Debt No Debt - 427.00

Anchun International Holdings 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 3,436.00 - No Debt - 876.67

Competitive Comparison of Anchun International Holdings's Interest Coverage

For the Chemicals subindustry, Anchun International Holdings'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.


Anchun International Holdings's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Anchun International Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Anchun International Holdings's Interest Coverage falls into.


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Anchun International Holdings 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.

Anchun International Holdings'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, Anchun International Holdings's Interest Expense was S$-0.00 Mil. Its Operating Income was S$1.28 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1.281/-0.0029999999999999
=427.00

Anchun International Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Anchun International Holdings's Interest Expense was S$-0.00 Mil. Its Operating Income was S$2.63 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*2.63/-0.0029999999999999
=876.67

* 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.


Anchun International Holdings  (SGX:BTX) 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 .


Anchun International Holdings Interest Coverage Related Terms

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Anchun International Holdings Business Description

Traded in Other Exchanges
N/A
Address
No.539, Lusong Road, Changsha National Hi-tech Industrial Development Zone, Hunan Province, Changsha City, CHN, 410205
Anchun International Holdings Ltd is an investment holding company. The group is an integrated EPC provider of process technology, design, manufacturing, and engineering services. It has aggregated its operations into three reportable segments: Catalyst Business, Chemical Engineering and Technology Engineering Services; and Chemical Systems and Components Business. The catalyst business segment involves manufacturing a variety of catalysts for use in the process of gas making. The Chemical Engineering segment involves providing chemical systems engineering and technology design services for the production of ammonia and methanol-related products. The Chemical Systems segment involves the manufacturing of chemical equipment. It derived revenue from the PRC.