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Beijing Tiantan Biological Products (SHSE:600161) Interest Coverage : 173.50 (As of Mar. 2025)


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What is Beijing Tiantan Biological Products 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. Beijing Tiantan Biological Products's Operating Income for the three months ended in Mar. 2025 was ¥417 Mil. Beijing Tiantan Biological Products's Interest Expense for the three months ended in Mar. 2025 was ¥-2 Mil. Beijing Tiantan Biological Products's interest coverage for the quarter that ended in Mar. 2025 was 173.50. 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. Beijing Tiantan Biological Products Corp Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Beijing Tiantan Biological Products's Interest Coverage or its related term are showing as below:

SHSE:600161' s Interest Coverage Range Over the Past 10 Years
Min: 2.95   Med: 371.63   Max: 1147.88
Current: 386.69


SHSE:600161's Interest Coverage is ranked better than
55.44% of 377 companies
in the Biotechnology industry
Industry Median: 119.89 vs SHSE:600161: 386.69

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


Beijing Tiantan Biological Products Interest Coverage Historical Data

The historical data trend for Beijing Tiantan Biological Products'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.

Beijing Tiantan Biological Products Interest Coverage Chart

Beijing Tiantan Biological Products 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 359.75 383.50 552.85 471.27 492.34

Beijing Tiantan Biological Products 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 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 410.48 483.00 411.96 654.24 173.50

Competitive Comparison of Beijing Tiantan Biological Products's Interest Coverage

For the Biotechnology subindustry, Beijing Tiantan Biological Products'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.


Beijing Tiantan Biological Products's Interest Coverage Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Beijing Tiantan Biological Products's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Beijing Tiantan Biological Products's Interest Coverage falls into.


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Beijing Tiantan Biological Products 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.

Beijing Tiantan Biological Products'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, Beijing Tiantan Biological Products's Interest Expense was ¥-5 Mil. Its Operating Income was ¥2,521 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥45 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*2521.266/-5.121
=492.34

Beijing Tiantan Biological Products's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Beijing Tiantan Biological Products's Interest Expense was ¥-2 Mil. Its Operating Income was ¥417 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥79 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*417.086/-2.404
=173.50

* 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.


Beijing Tiantan Biological Products  (SHSE:600161) 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 .


Beijing Tiantan Biological Products Interest Coverage Related Terms

Thank you for viewing the detailed overview of Beijing Tiantan Biological Products's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Tiantan Biological Products Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Boxing 2nd Road, Room 521, Building 8, Beijing Economic and Technological Development Zone, Beijing, CHN, 100024
Beijing Tiantan Biological Products Corp Ltd uses healthy human plasma and specifically immunized human plasma as raw materials and adopts genetic recombination technology to develop and produce blood products and engage in the blood product business.
Executives
Zhang Yi senior management
Ci Xiang senior management
Fu Dao Xing Directors, senior managers
Hu Li Gang Director
Yang Hui Chuan Director
Liu Ya Na Directors, senior managers
He Yan Lin Directors, senior managers
Wang Jian Ming Supervisors
Wu Zhen Shan senior management

Beijing Tiantan Biological Products Headlines

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