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Avic Aviation High-Technology Co (SHSE:600862) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Avic Aviation High-Technology 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. Avic Aviation High-Technology Co's Operating Income for the three months ended in Mar. 2025 was ¥432 Mil. Avic Aviation High-Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥2 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Avic Aviation High-Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Avic Aviation High-Technology Co's Interest Coverage or its related term are showing as below:

SHSE:600862' s Interest Coverage Range Over the Past 10 Years
Min: 3.83   Med: 46.94   Max: 305.54
Current: 305.54


SHSE:600862's Interest Coverage is ranked better than
88.8% of 2285 companies
in the Industrial Products industry
Industry Median: 15.91 vs SHSE:600862: 305.54

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


Avic Aviation High-Technology Co Interest Coverage Historical Data

The historical data trend for Avic Aviation High-Technology 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.

Avic Aviation High-Technology Co Interest Coverage Chart

Avic Aviation High-Technology 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 29.61 53.12 276.40 292.60 213.85

Avic Aviation High-Technology 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 33,823.75 2,718.84 - 43.09 -

Competitive Comparison of Avic Aviation High-Technology Co's Interest Coverage

For the Specialty Industrial Machinery subindustry, Avic Aviation High-Technology 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.


Avic Aviation High-Technology Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Avic Aviation High-Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Avic Aviation High-Technology Co's Interest Coverage falls into.


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Avic Aviation High-Technology 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.

Avic Aviation High-Technology 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, Avic Aviation High-Technology Co's Interest Expense was ¥-6 Mil. Its Operating Income was ¥1,354 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥85 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1353.902/-6.331
=213.85

Avic Aviation High-Technology Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Avic Aviation High-Technology Co's Interest Expense was ¥2 Mil. Its Operating Income was ¥432 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥86 Mil.

* 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.


Avic Aviation High-Technology Co  (SHSE:600862) 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 .


Avic Aviation High-Technology Co Interest Coverage Related Terms

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Avic Aviation High-Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 YongHe Road, Gangzha District, Jiangsu Province, Nantong, CHN, 226011
Avic Aviation High-Technology Co Ltd is mainly engaged in the research and development of new aviation materials and the development and manufacture of high-end intelligent equipment in China.
Executives
Shi Jin Yu Supervisors
Lu Qiang Xin Director
Zhu Jun senior management
Bian Ming Supervisors
Ling Wei Guo Director
Wang Jian Hua senior management
Yang Wei Qiong senior management
Shen Feng senior management
Zhang Jin Fei senior management
Wu Li Xin senior management
Zhang Jia Sheng senior management
Shen Chun Hua senior management
Chen Zhi Xiang senior management
Yang Qi senior management
Gan Qing senior management

Avic Aviation High-Technology Co Headlines

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