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. Ningbo Marine Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥-10 Mil. Ningbo Marine Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-6 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Ningbo Marine Co's Interest Coverage or its related term are showing as below:
SHSE:600798'
s Interest Coverage Range Over the Past 10 Years
Min: 2.06 Med: 4.37 Max: 6.57
Current: 3.7
SHSE:600798's Interest Coverage is ranked worse than 63.13% of 838
companies
in the Transportation industry
Industry Median: 5.67
vs SHSE:600798: 3.70
Ningbo Marine Co (SHSE:600798) 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 .
Ningbo Marine Co Interest Coverage Related Terms
Ningbo Marine Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Ningbo Marine 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.
Ningbo Marine Co Interest Coverage Competitor Comparison
For the Marine Shipping subindustry, Ningbo Marine 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.
Ningbo Marine Co Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, Ningbo Marine Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ningbo Marine Co's Interest Coverage falls into.
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:
Ningbo Marine Co did not have earnings to cover the 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.
What does a Interest Coverage of 0 (At Loss) mean?
Ningbo Marine Co (SHSE:600798) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ningbo Marine Co and its competitors. Over the past decade, Ningbo Marine Co's Interest Coverage has ranged from 2.06 to 6.57. According to the industry distribution chart, Ningbo Marine Co ranks #529 out of 838 companies in the Transportation industry, placing it in the top 63.1%.
Is Ningbo Marine Co's Interest Coverage too high?
Ningbo Marine Co's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 6.57. Based on the distribution chart, Ningbo Marine Co ranks #529 out of 838 companies in the Transportation industry, which is below the industry midpoint. Overall, Ningbo Marine Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Marine Co's Interest Coverage compare to competitors?
According to the Transportation industry distribution chart, Ningbo Marine Co ranks #529 out of 838 companies for Interest Coverage. This places Ningbo Marine Co in the lower half of its industry. The industry median Interest Coverage is 5.67. Historically, Ningbo Marine Co's own Interest Coverage has ranged from 2.06 to 6.57 over the past decade. 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.67, based on 838 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. 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 Ningbo Marine Co and its competitors. For the Transportation industry, the median Interest Coverage is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Marine Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Marine Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Marine Co (SHSE:600798) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.79, compared to a current price of ¥3.13 — trading 17.4% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Ningbo Marine Co's overall GF Score™ is 68/100 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 Ningbo Marine Co (SHSE:600798), the current Interest Coverage is 0 (At Loss) 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 Ningbo Marine Co (SHSE:600798) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Marine Co stock appears to be undervalued.
The current stock price of ¥3.13 is trading 17.4% below its estimated GF Value™ of ¥3.79.
GuruFocus considers Ningbo Marine Co to be Modestly Undervalued.
Key valuation signals for SHSE:600798:
Interest Coverage: 0 (At Loss)
GF Value™: ¥3.79 vs. price of ¥3.13 (17.4% below fair value)
No single metric tells the full story. See the SHSE:600798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Marine Co Ltd is a China-based company mainly engaged in the transportation of goods on China's coastal Yangtze River, as well as international ocean shipping and investing in transportation infrastructure and transportation service facilities. Its activities include transportation service facilities; import and export of self-operated and agent goods and technologies, except for goods and technologies that are restricted or prohibited by the state; apply for training, examinations, provide related activities such as manning for domestic sailing ships, and others.
68GF Score
Get the complete analysis for SHSE:600798
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600798 has been successfully added to your 
