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. Tongling Jingda Special Magnet Wire Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥259 Mil. Tongling Jingda Special Magnet Wire Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-22 Mil.
Tongling Jingda Special Magnet Wire Co's interest coverage for the quarter that ended in Mar. 2026 was 11.56.
The higher the ratio, the stronger the company's financial strength is.
SHSE:600577'
s Interest Coverage Range Over the Past 10 Years
Min: 4.73 Med: 6.87 Max: 14.16
Current: 7.9
SHSE:600577's Interest Coverage is ranked worse than 63.84% of 2323
companies
in the Industrial Products industry
Industry Median: 14.72
vs SHSE:600577: 7.90
Tongling Jingda Special Magnet Wire Co (SHSE:600577) 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 .
Tongling Jingda Special Magnet Wire Co Interest Coverage Related Terms
Tongling Jingda Special Magnet Wire 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.
Tongling Jingda Special Magnet Wire Co Interest Coverage Chart
Tongling Jingda Special Magnet Wire Co Annual Data
SHSE:600577 vs VRT, BE: Interest Coverage Comparison
For the Electrical Equipment & Parts subindustry, Tongling Jingda Special Magnet Wire 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.
Tongling Jingda Special Magnet Wire Co Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tongling Jingda Special Magnet Wire Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Tongling Jingda Special Magnet Wire Co's Interest Coverage falls into.
Tongling Jingda Special Magnet Wire 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.
Tongling Jingda Special Magnet Wire Co (SHSE:600577) has a Interest Coverage of 11.56 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tongling Jingda Special Magnet Wire Co and its competitors. This is 68% above median its historical median of 6.87. Over the past decade, Tongling Jingda Special Magnet Wire Co's Interest Coverage has ranged from 4.73 to 14.16. According to the industry distribution chart, Tongling Jingda Special Magnet Wire Co ranks #1483 out of 2323 companies in the Industrial Products industry, placing it in the top 63.8%.
Is Tongling Jingda Special Magnet Wire Co's Interest Coverage too high?
Tongling Jingda Special Magnet Wire Co's current Interest Coverage of 11.56 is 68% above median its 10-year median of 6.87. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 14.16. The Industrial Products industry median Interest Coverage is 14.72. Tongling Jingda Special Magnet Wire Co's value of 11.56 is 21.5% below this industry median. Based on the distribution chart, Tongling Jingda Special Magnet Wire Co ranks #1483 out of 2323 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tongling Jingda Special Magnet Wire Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tongling Jingda Special Magnet Wire Co's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tongling Jingda Special Magnet Wire Co ranks #1483 out of 2323 companies for Interest Coverage. This places Tongling Jingda Special Magnet Wire Co in the lower half of its industry. The industry median Interest Coverage is 14.72. Tongling Jingda Special Magnet Wire Co's value of 11.56 is 21.5% below this benchmark. Historically, Tongling Jingda Special Magnet Wire Co's own Interest Coverage has ranged from 4.73 to 14.16 over the past decade. While the company's 10-year median is 6.87 vs. the industry median of 14.72, Tongling Jingda Special Magnet Wire Co has consistently been below 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.72, based on 2,323 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. Tongling Jingda Special Magnet Wire Co's current Interest Coverage of 11.56 is 21.5% below 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 Tongling Jingda Special Magnet Wire Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongling Jingda Special Magnet Wire Co's current Interest Coverage is 11.56, which is 68% above median its own 10-year median of 6.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongling Jingda Special Magnet Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Tongling Jingda Special Magnet Wire Co (SHSE:600577) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.50, compared to a current price of ¥8.36 — trading 11.5% above its estimated fair value. The current Interest Coverage is 11.56, which is 68% above median its 10-year median of 6.87 and 21.5% below the Industrial Products industry median of 14.72. Tongling Jingda Special Magnet Wire Co's overall GF Score™ is 77/100 with 5 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 Tongling Jingda Special Magnet Wire Co (SHSE:600577), the current Interest Coverage is 11.56 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 Tongling Jingda Special Magnet Wire Co (SHSE:600577) Overvalued in 2026?
Based on GuruFocus' analysis, Tongling Jingda Special Magnet Wire Co stock appears to be overvalued.
The current stock price of ¥8.36 is trading 11.5% above its estimated GF Value™ of ¥7.50.
GuruFocus considers Tongling Jingda Special Magnet Wire Co to be Modestly Overvalued.
Key valuation signals for SHSE:600577:
Interest Coverage: 11.56 (68% above median its 10-year median of 6.87)
GF Value™: ¥7.50 vs. price of ¥8.36 (11.5% above fair value)
Industry Position: 21.5% below the Industrial Products median (#1483 of 2323)
No single metric tells the full story. See the SHSE:600577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongling Jingda Special Magnet Wire Co Business Description
Tongling Jingda Special Magnet Wire Co Ltd manufactures magnet wire. Its products include Magnet wire; Automobile wire; Special conductor; Rod material and Die.
77GF Score
Get the complete analysis for SHSE:600577
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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