GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Baosheng Science And Technology Innovation Co Ltd (SHSE:600973) » Definitions » Interest Coverage

Baosheng Science And Technology Innovation Co (SHSE:600973) Interest Coverage : 1.60 (As of Mar. 2025)


View and export this data going back to 2004. Start your Free Trial

What is Baosheng Science And Technology Innovation 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. Baosheng Science And Technology Innovation Co's Operating Income for the three months ended in Mar. 2025 was ¥171 Mil. Baosheng Science And Technology Innovation Co's Interest Expense for the three months ended in Mar. 2025 was ¥-107 Mil. Baosheng Science And Technology Innovation Co's interest coverage for the quarter that ended in Mar. 2025 was 1.60. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Baosheng Science And Technology Innovation Co Ltd interest coverage is 1.12, which is low.

The historical rank and industry rank for Baosheng Science And Technology Innovation Co's Interest Coverage or its related term are showing as below:

SHSE:600973' s Interest Coverage Range Over the Past 10 Years
Min: 1.01   Med: 1.46   Max: 2.15
Current: 1.12


SHSE:600973's Interest Coverage is ranked worse than
94.92% of 2283 companies
in the Industrial Products industry
Industry Median: 15.65 vs SHSE:600973: 1.12

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


Baosheng Science And Technology Innovation Co Interest Coverage Historical Data

The historical data trend for Baosheng Science And Technology Innovation 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.

Baosheng Science And Technology Innovation Co Interest Coverage Chart

Baosheng Science And Technology Innovation 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 1.77 2.01 1.05 1.45 1.01

Baosheng Science And Technology Innovation 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 1.13 1.24 1.46 0.14 1.60

Competitive Comparison of Baosheng Science And Technology Innovation Co's Interest Coverage

For the Electrical Equipment & Parts subindustry, Baosheng Science And Technology Innovation 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.


Baosheng Science And Technology Innovation Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Baosheng Science And Technology Innovation Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Baosheng Science And Technology Innovation Co's Interest Coverage falls into.


;
;

Baosheng Science And Technology Innovation 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.

Baosheng Science And Technology Innovation 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, Baosheng Science And Technology Innovation Co's Interest Expense was ¥-465 Mil. Its Operating Income was ¥471 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1,719 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*471.024/-465.354
=1.01

Baosheng Science And Technology Innovation Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Baosheng Science And Technology Innovation Co's Interest Expense was ¥-107 Mil. Its Operating Income was ¥171 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2,746 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*170.511/-106.842
=1.60

* 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.


Baosheng Science And Technology Innovation Co  (SHSE:600973) 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 .


Baosheng Science And Technology Innovation Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Baosheng Science And Technology Innovation Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Baosheng Science And Technology Innovation Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Baoying Suzhong Road, Anyi Town, Baoying County, Jiangsu Province, Yangzhou, CHN, 225800
Baosheng Science And Technology Innovation Co Ltd is a China-based company engaged in the wire and cable industry. It offers engineering, smart city, traffic, new energy wires and cables; military and aerospace cable assembly systems; locomotive cable assembly systems, military cable assembly systems and nuclear cable assembly systems. Geographically, the activities are carried out through China.
Executives
Liang Wen Xu Director
Sheng Zhang Shan Director
Yang Ze Yuan Director
Xia Cheng Jun Director
Chou Jia Bin Director
Hu Zheng Ming Director
Fang Quan Sheng senior management
Tang Chao Rong senior management
Zhao Wen Ming Supervisors
Shao Wen Lin Director
Yang Ying Hua senior management
Sun Zhen Hua Director

Baosheng Science And Technology Innovation Co Headlines

No Headlines