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HPGC Renmintongtai Pharmaceutical (SHSE:600829) Interest Coverage : 12.92 (As of Mar. 2025)


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What is HPGC Renmintongtai Pharmaceutical 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. HPGC Renmintongtai Pharmaceutical's Operating Income for the three months ended in Mar. 2025 was ¥76 Mil. HPGC Renmintongtai Pharmaceutical's Interest Expense for the three months ended in Mar. 2025 was ¥-6 Mil. HPGC Renmintongtai Pharmaceutical's interest coverage for the quarter that ended in Mar. 2025 was 12.92. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for HPGC Renmintongtai Pharmaceutical's Interest Coverage or its related term are showing as below:

SHSE:600829' s Interest Coverage Range Over the Past 10 Years
Min: 8.39   Med: 15.38   Max: 68.72
Current: 10.47


SHSE:600829's Interest Coverage is ranked worse than
53.54% of 663 companies
in the Drug Manufacturers industry
Industry Median: 11.96 vs SHSE:600829: 10.47

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


HPGC Renmintongtai Pharmaceutical Interest Coverage Historical Data

The historical data trend for HPGC Renmintongtai Pharmaceutical'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.

HPGC Renmintongtai Pharmaceutical Interest Coverage Chart

HPGC Renmintongtai Pharmaceutical 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 8.56 8.39 8.48 16.29 11.46

HPGC Renmintongtai Pharmaceutical 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 16.94 12.13 18.48 2.70 12.92

Competitive Comparison of HPGC Renmintongtai Pharmaceutical's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, HPGC Renmintongtai Pharmaceutical'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.


HPGC Renmintongtai Pharmaceutical's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, HPGC Renmintongtai Pharmaceutical's Interest Coverage distribution charts can be found below:

* The bar in red indicates where HPGC Renmintongtai Pharmaceutical's Interest Coverage falls into.


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HPGC Renmintongtai Pharmaceutical 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.

HPGC Renmintongtai Pharmaceutical'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, HPGC Renmintongtai Pharmaceutical's Interest Expense was ¥-28 Mil. Its Operating Income was ¥324 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥30 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*324.094/-28.287
=11.46

HPGC Renmintongtai Pharmaceutical's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, HPGC Renmintongtai Pharmaceutical's Interest Expense was ¥-6 Mil. Its Operating Income was ¥76 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥27 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*75.946/-5.88
=12.92

* 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.


HPGC Renmintongtai Pharmaceutical  (SHSE:600829) 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 .


HPGC Renmintongtai Pharmaceutical Interest Coverage Related Terms

Thank you for viewing the detailed overview of HPGC Renmintongtai Pharmaceutical's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


HPGC Renmintongtai Pharmaceutical Business Description

Traded in Other Exchanges
N/A
Address
No. 76 Hengshan Road, Nangang District, Heilongjiang Province, Harbin, CHN, 150076
HPGC Renmintongtai Pharmaceutical Corp, formerly Harbin Pharm. Group Sanjing Pharmaceutical Shareholding Co Ltd is engaged in the production and sale of pharmaceuticals products in China.
Executives
Yue Xian Zhi senior management
Zhang Li Jun Director

HPGC Renmintongtai Pharmaceutical Headlines

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