Zhejiang Golden Eagle Co (SHSE:600232) Interest Coverage: 7.34 (As of Mar. 2026) — 30% Below Median


SHSE:600232 Zhejiang Golden Eagle Co Ltd SHSE:600232
71 GF Score
Price ¥6.61
GF Value ¥6.84
Valuation Fairly Valued
! 4 Warning Signs
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What is Zhejiang Golden Eagle Co Interest Coverage?

Zhejiang Golden Eagle Co SHSE:600232 -2.22% 71 Interest Coverage is 7.34 as of Mar. 2026, which is 30% below its 10-year median of 10.48. GuruFocus rates SHSE:600232 with a GF Score™ of 71/100 and a GF Value™ of ¥6.84 (Fairly Valued). The stock has 4 warning signs investors should review. Among 741 Manufacturing - Apparel & Accessories companies, Zhejiang Golden Eagle Co ranks better than 58.57% on this metric.

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. Zhejiang Golden Eagle Co's Operating Income for the three months ended in Mar. 2026 was ¥22 Mil. Zhejiang Golden Eagle Co's Interest Expense for the three months ended in Mar. 2026 was ¥-3 Mil. Zhejiang Golden Eagle Co's interest coverage for the quarter that ended in Mar. 2026 was 7.34. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:600232' s Interest Coverage Range Over the Past 10 Years
Min: 5.18   Med: 10.48   Max: 12.56
Current: 8.2


SHSE:600232's Interest Coverage is ranked better than
58.57% of 741 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs SHSE:600232: 8.20

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


Zhejiang Golden Eagle Co  (SHSE:600232) 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 .


Zhejiang Golden Eagle Co Interest Coverage Related Terms


Zhejiang Golden Eagle Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Zhejiang Golden Eagle 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.

Zhejiang Golden Eagle Co Interest Coverage Chart

Zhejiang Golden Eagle Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 11.89 9.27 7.47 5.18

Zhejiang Golden Eagle Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 8.24 18.28 7.34

Zhejiang Golden Eagle Co Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Zhejiang Golden Eagle 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.


Zhejiang Golden Eagle Co Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Golden Eagle Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zhejiang Golden Eagle Co's Interest Coverage falls into.


SHSE:600232
71GF Score
Zhejiang Golden Eagle Co Ltd SHSE:600232
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Golden Eagle 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.

Zhejiang Golden Eagle Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Zhejiang Golden Eagle Co's Interest Expense was ¥-14 Mil. Its Operating Income was ¥70 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*70.315/-13.583
=5.18

Zhejiang Golden Eagle Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Zhejiang Golden Eagle Co's Interest Expense was ¥-3 Mil. Its Operating Income was ¥22 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*21.777/-2.966
=7.34

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 7.34 mean?
Zhejiang Golden Eagle Co (SHSE:600232) has a Interest Coverage of 7.34 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Zhejiang Golden Eagle Co and its competitors. This is 30% below median its historical median of 10.48. Over the past decade, Zhejiang Golden Eagle Co's Interest Coverage has ranged from 5.18 to 12.56. According to the industry distribution chart, Zhejiang Golden Eagle Co ranks #307 out of 741 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 41.4%.
Is Zhejiang Golden Eagle Co's Interest Coverage too high?
Zhejiang Golden Eagle Co's current Interest Coverage of 7.34 is 30% below median its 10-year median of 10.48. Over the past 10 years, this metric has ranged from a low of 5.18 to a high of 12.56. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Zhejiang Golden Eagle Co's value of 7.34 is 35.2% above this industry median. Based on the distribution chart, Zhejiang Golden Eagle Co ranks #307 out of 741 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Zhejiang Golden Eagle Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Golden Eagle Co's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Golden Eagle Co ranks #307 out of 741 companies for Interest Coverage. This puts Zhejiang Golden Eagle Co in the upper half of its industry. The industry median Interest Coverage is 5.43. Zhejiang Golden Eagle Co's value of 7.34 is 35.2% above this benchmark. Historically, Zhejiang Golden Eagle Co's own Interest Coverage has ranged from 5.18 to 12.56 over the past decade. While the company's 10-year median is 10.48 vs. the industry median of 5.43, Zhejiang Golden Eagle Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 741 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhejiang Golden Eagle Co's current Interest Coverage of 7.34 is 35.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Zhejiang Golden Eagle Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Golden Eagle Co's current Interest Coverage is 7.34, which is 30% below median its own 10-year median of 10.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Golden Eagle Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Golden Eagle Co (SHSE:600232) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.84, compared to a current price of ¥6.61 — trading 3.4% below its estimated fair value. The current Interest Coverage is 7.34, which is 30% below median its 10-year median of 10.48 and 35.2% above the Manufacturing - Apparel & Accessories industry median of 5.43. Zhejiang Golden Eagle Co's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Zhejiang Golden Eagle Co (SHSE:600232), the current Interest Coverage is 7.34 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zhejiang Golden Eagle Co (SHSE:600232) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Golden Eagle Co stock appears to be undervalued. The current stock price of ¥6.61 is trading 3.4% below its estimated GF Value™ of ¥6.84. GuruFocus considers Zhejiang Golden Eagle Co to be Fairly Valued.

Key valuation signals for SHSE:600232:

  • Interest Coverage: 7.34 (30% below median its 10-year median of 10.48)
  • GF Value™: ¥6.84 vs. price of ¥6.61 (3.4% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 35.2% above the Manufacturing - Apparel & Accessories median (#307 of 741)

No single metric tells the full story. See the SHSE:600232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Golden Eagle Co Business Description

Address Xiaosha Town, Dinghai District, Zhejiang Province, Zhoushan, CHN, 316051
Zhejiang Golden Eagle Co Ltd is a Chinese company engaged in silk spinning, flax spinning, dyeing, and textile production. The company also manufactures textile equipment. The company generates the majority of its revenue from the Textile manufacturing business. The company also generates a small portion of revenue from the Battery material business.
71GF Score

Get the complete analysis for SHSE:600232

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.61
Price
¥6.84
GF Value