GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhejiang China Commodities City Group Co Ltd (SHSE:600415) » Definitions » Interest Coverage

Zhejiang China Commodities City Group Co (SHSE:600415) Interest Coverage : 21.77 (As of Mar. 2025)


View and export this data going back to 2002. Start your Free Trial

What is Zhejiang China Commodities City Group 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. Zhejiang China Commodities City Group Co's Operating Income for the three months ended in Mar. 2025 was ¥964 Mil. Zhejiang China Commodities City Group Co's Interest Expense for the three months ended in Mar. 2025 was ¥-44 Mil. Zhejiang China Commodities City Group Co's interest coverage for the quarter that ended in Mar. 2025 was 21.77. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Zhejiang China Commodities City Group Co's Interest Coverage or its related term are showing as below:

SHSE:600415' s Interest Coverage Range Over the Past 10 Years
Min: 0.94   Med: 3.7   Max: 32.55
Current: 32.55


SHSE:600415's Interest Coverage is ranked better than
80.9% of 1314 companies
in the Real Estate industry
Industry Median: 3.94 vs SHSE:600415: 32.55

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 China Commodities City Group Co Interest Coverage Historical Data

The historical data trend for Zhejiang China Commodities City Group 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.

* Premium members only.

Zhejiang China Commodities City Group Co Interest Coverage Chart

Zhejiang China Commodities City Group Co 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 2.92 3.62 0.94 10.80 27.85

Zhejiang China Commodities City Group 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 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 14.26 135.89 8.79 - 21.77

Competitive Comparison of Zhejiang China Commodities City Group Co's Interest Coverage

For the Real Estate - Diversified subindustry, Zhejiang China Commodities City Group 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 China Commodities City Group Co's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhejiang China Commodities City Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zhejiang China Commodities City Group Co's Interest Coverage falls into.


;
;

Zhejiang China Commodities City Group 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 China Commodities City Group 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, Zhejiang China Commodities City Group Co's Interest Expense was ¥-138 Mil. Its Operating Income was ¥3,846 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥808 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*3846.102/-138.082
=27.85

Zhejiang China Commodities City Group Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Zhejiang China Commodities City Group Co's Interest Expense was ¥-44 Mil. Its Operating Income was ¥964 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥808 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*964.037/-44.29
=21.77

* 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.


Zhejiang China Commodities City Group Co  (SHSE:600415) 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 China Commodities City Group Co Interest Coverage Related Terms

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


Zhejiang China Commodities City Group Co Business Description

Traded in Other Exchanges
N/A
Address
Futian Road, No. 105, Ocean Business Building, Zhejiang Province, Yiwu, CHN, 322000
Zhejiang China Commodities City Group Co Ltd is engaged in the construction and operation of commodities trading platforms in China. The company's activities include the market network operation, real estate development and sales, hotel services, commodity sales, etc.
Executives
Zhao Di Fang senior management
Zhang Qi Zhen senior management
Xu Hang Directors, senior managers
Wu Xiu Bin senior management
Wei Gang senior management
Wang Dong Directors, senior managers
Zhao Wen Ge Director
Liu Zhen Ting Supervisors
Bao Jiang Qian Director
Jia Jun Hua senior management
Yang Jian Feng senior management
Zhao Jian Jun senior management
Hu Yan Hu senior management
Chen Chun Mei Supervisors
Zhu Min Director

Zhejiang China Commodities City Group Co Headlines

No Headlines