Cinderson Tech (Suzhou) Co (SHSE:603344) Interest Coverage : 807.49 (As of Mar. 2025)

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What is Cinderson Tech (Suzhou) 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. Cinderson Tech (Suzhou) Co's Operating Income for the three months ended in Mar. 2025 was ¥41 Mil. Cinderson Tech (Suzhou) Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0 Mil. Cinderson Tech (Suzhou) Co's interest coverage for the quarter that ended in Mar. 2025 was 807.49. 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. Cinderson Tech (Suzhou) Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Cinderson Tech (Suzhou) Co's Interest Coverage or its related term are showing as below:

SHSE:603344' s Interest Coverage Range Over the Past 10 Years
Min: 60.11 Med: 248.72 Max: 611.62
Current: 611.62

SHSE:603344's Interest Coverage is ranked better than
92.64% of 2283 companies
in the Industrial Products industry
Industry Median: 15.91 vs SHSE:603344: 611.62

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

Cinderson Tech (Suzhou) Co Interest Coverage Historical Data

The historical data trend for Cinderson Tech (Suzhou) 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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Cinderson Tech (Suzhou) Co Interest Coverage Chart

Cinderson Tech (Suzhou) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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410.92

60.11

86.51

605.68

608.64

Cinderson Tech (Suzhou) Co Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial										768.38	831.76	895.41	332.82	807.49

Competitive Comparison of Cinderson Tech (Suzhou) Co's Interest Coverage

For the Electrical Equipment & Parts subindustry, Cinderson Tech (Suzhou) 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.

Cinderson Tech (Suzhou) Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cinderson Tech (Suzhou) Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cinderson Tech (Suzhou) Co's Interest Coverage falls into.

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Cinderson Tech (Suzhou) 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.

Cinderson Tech (Suzhou) 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, Cinderson Tech (Suzhou) Co's Interest Expense was ¥-0 Mil. Its Operating Income was ¥219 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥5 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	218.502	/	-0.359
	=	608.64

Cinderson Tech (Suzhou) Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Cinderson Tech (Suzhou) Co's Interest Expense was ¥-0 Mil. Its Operating Income was ¥41 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥4 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	41.182	/	-0.051
	=	807.49

The higher the ratio, the stronger the company's Financial Strength is.

Cinderson Tech (Suzhou) Co (SHSE:603344) 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 .

Cinderson Tech (Suzhou) Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Cinderson Tech (Suzhou) Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Cinderson Tech (Suzhou) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cinderson Tech (Suzhou) Co Ltd (SHSE:603344) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

Linbu Street, Weiting Street, No. 15, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215100

Website

https://www.cds.cn

Cinderson Tech (Suzhou) Co Ltd is engaged in research and development, production and sales of micro motors and related products. Its products are mainly used in the field of cleaning electrical appliances represented by vacuum cleaners, and have been simultaneously developed to other terminal application fields such as power tools and garden tools. Its product category includes DC brushless motor, Ac series motor and Dc brush motor.

Cinderson Tech (Suzhou) Co Headlines

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