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Yunnan Bowin Technology And Industry Co (SHSE:600883) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Yunnan Bowin Technology And Industry 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. Yunnan Bowin Technology And Industry Co's Operating Income for the three months ended in Sep. 2024 was ¥-5.30 Mil. Yunnan Bowin Technology And Industry Co's Interest Expense for the three months ended in Sep. 2024 was ¥0.53 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 Yunnan Bowin Technology And Industry Co's Interest Coverage or its related term are showing as below:


SHSE:600883's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 6.17
* Ranked among companies with meaningful Interest Coverage only.

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


Yunnan Bowin Technology And Industry Co Interest Coverage Historical Data

The historical data trend for Yunnan Bowin Technology And Industry 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.

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Yunnan Bowin Technology And Industry Co Interest Coverage Chart

Yunnan Bowin Technology And Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Yunnan Bowin Technology And Industry Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Yunnan Bowin Technology And Industry Co's Interest Coverage

For the Building Materials subindustry, Yunnan Bowin Technology And Industry 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.


Yunnan Bowin Technology And Industry Co's Interest Coverage Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Yunnan Bowin Technology And Industry Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Yunnan Bowin Technology And Industry Co's Interest Coverage falls into.



Yunnan Bowin Technology And Industry 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.

Yunnan Bowin Technology And Industry Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Yunnan Bowin Technology And Industry Co's Interest Expense was ¥-0.72 Mil. Its Operating Income was ¥-21.94 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.36 Mil.

Yunnan Bowin Technology And Industry Co did not have earnings to cover the interest expense.

Yunnan Bowin Technology And Industry Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Yunnan Bowin Technology And Industry Co's Interest Expense was ¥0.53 Mil. Its Operating Income was ¥-5.30 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.18 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.


Yunnan Bowin Technology And Industry Co  (SHSE:600883) 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 .


Yunnan Bowin Technology And Industry Co Interest Coverage Related Terms

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Yunnan Bowin Technology And Industry Co Business Description

Traded in Other Exchanges
N/A
Address
Xiaobaozi, Hanzhuang Town, Longyang District, Yunnan Province, Baoshan, CHN, 650041
Yunnan Bowin Technology And Industry Co Ltd is a China-based company operating in the basic material sector. It is primarily engaged in cement grinding and sale of cement products. It offers ordinary Portland cement 52.5 grade, Portland cement 42.5 grade, and composite Portland cement 32.5R grade. Its cement products are mainly used in urban real estate development, as well as in infrastructure projects such as roads and water conservancy projects. The company sells its cement products mainly in China.
Executives
Mei Run Zhong Supervisors

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