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. Tongyi Carbon Neutral Energy (Xinjiang) Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥97 Mil. Tongyi Carbon Neutral Energy (Xinjiang) Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-5 Mil.
Tongyi Carbon Neutral Energy (Xinjiang) Co's interest coverage for the quarter that ended in Mar. 2026 was 18.98.
The higher the ratio, the stronger the company's financial strength is.
SHSE:600506'
s Interest Coverage Range Over the Past 10 Years
Min: 0.32 Med: 1.53 Max: 4.83
Current: 4.83
SHSE:600506's Interest Coverage is ranked worse than 63.26% of 1505
companies
in the Consumer Packaged Goods industry
Industry Median: 8.6
vs SHSE:600506: 4.83
Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) 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 .
Tongyi Carbon Neutral Energy (Xinjiang) Co Interest Coverage Related Terms
Tongyi Carbon Neutral Energy (Xinjiang) Co Interest Coverage Historical Data
* 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.
Tongyi Carbon Neutral Energy (Xinjiang) Co Interest Coverage Chart
Tongyi Carbon Neutral Energy (Xinjiang) Co Annual Data
SHSE:600506 vs ADM, BG, TSN: Interest Coverage Comparison
For the Farm Products subindustry, Tongyi Carbon Neutral Energy (Xinjiang) 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.
Tongyi Carbon Neutral Energy (Xinjiang) Co Interest Coverage vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongyi Carbon Neutral Energy (Xinjiang) Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Tongyi Carbon Neutral Energy (Xinjiang) Co's Interest Coverage falls into.
Tongyi Carbon Neutral Energy (Xinjiang) 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:
* 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.
Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) has a Interest Coverage of 18.98 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tongyi Carbon Neutral Energy (Xinjiang) Co and its competitors. This is 1141% above median its historical median of 1.53. Over the past decade, Tongyi Carbon Neutral Energy (Xinjiang) Co's Interest Coverage has ranged from 0.32 to 4.83. According to the industry distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #952 out of 1505 companies in the Consumer Packaged Goods industry, placing it in the top 63.3%.
Is Tongyi Carbon Neutral Energy (Xinjiang) Co's Interest Coverage too high?
Tongyi Carbon Neutral Energy (Xinjiang) Co's current Interest Coverage of 18.98 is 1141% above median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 4.83. The Consumer Packaged Goods industry median Interest Coverage is 8.60. Tongyi Carbon Neutral Energy (Xinjiang) Co's value of 18.98 is 120.7% above this industry median. Based on the distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #952 out of 1505 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Tongyi Carbon Neutral Energy (Xinjiang) Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tongyi Carbon Neutral Energy (Xinjiang) Co's Interest Coverage compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #952 out of 1505 companies for Interest Coverage. This places Tongyi Carbon Neutral Energy (Xinjiang) Co in the lower half of its industry. The industry median Interest Coverage is 8.60. Tongyi Carbon Neutral Energy (Xinjiang) Co's value of 18.98 is 120.7% above this benchmark. Historically, Tongyi Carbon Neutral Energy (Xinjiang) Co's own Interest Coverage has ranged from 0.32 to 4.83 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 8.60, Tongyi Carbon Neutral Energy (Xinjiang) 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,505 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. Tongyi Carbon Neutral Energy (Xinjiang) Co's current Interest Coverage of 18.98 is 120.7% 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 Tongyi Carbon Neutral Energy (Xinjiang) Co and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongyi Carbon Neutral Energy (Xinjiang) Co's current Interest Coverage is 18.98, which is 1141% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongyi Carbon Neutral Energy (Xinjiang) Co stock overvalued right now?
Based on GuruFocus' analysis, Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.09, compared to a current price of ¥13.69 — trading 2.8% below its estimated fair value. The current Interest Coverage is 18.98, which is 1141% above median its 10-year median of 1.53 and 120.7% above the Consumer Packaged Goods industry median of 8.60. Tongyi Carbon Neutral Energy (Xinjiang) Co's overall GF Score™ is 64/100 with 3 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 Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506), the current Interest Coverage is 18.98 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 Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Overvalued in 2026?
Based on GuruFocus' analysis, Tongyi Carbon Neutral Energy (Xinjiang) Co stock appears to be undervalued.
The current stock price of ¥13.69 is trading 2.8% below its estimated GF Value™ of ¥14.09.
GuruFocus considers Tongyi Carbon Neutral Energy (Xinjiang) Co to be Fairly Valued.
Key valuation signals for SHSE:600506:
Interest Coverage: 18.98 (1141% above median its 10-year median of 1.53)
GF Value™: ¥14.09 vs. price of ¥13.69 (2.8% below fair value)
Industry Position: 120.7% above the Consumer Packaged Goods median (#952 of 1505)
No single metric tells the full story. See the SHSE:600506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongyi Carbon Neutral Energy (Xinjiang) Co Business Description
Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd is in the business of researching, developing, producing, and sales of lubricating greases. Depending on their application, the company's products include Traditional lubricating oils and liquid cooling and specialty greases for the new energy industry, namely those for transportation, industrial manufacturing and power, construction machinery, and mining. The company provides liquid cooling and specialty grease products to customers in industries such as power piles, renewable energy, and energy storage.
64GF Score
Get the complete analysis for SHSE:600506
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