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Jiangsu Liba Enterprise JSC (SHSE:603519) Interest Coverage : No Debt (1) (As of Mar. 2025)


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What is Jiangsu Liba Enterprise JSC 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. Jiangsu Liba Enterprise JSC's Operating Income for the three months ended in Mar. 2025 was ¥45 Mil. Jiangsu Liba Enterprise JSC's Interest Expense for the three months ended in Mar. 2025 was ¥0 Mil. Jiangsu Liba Enterprise JSC has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Jiangsu Liba Enterprise JSC's Interest Coverage or its related term are showing as below:

SHSE:603519' s Interest Coverage Range Over the Past 10 Years
Min: 35.44   Med: 109.82   Max: 1812.38
Current: 35.44


SHSE:603519's Interest Coverage is ranked better than
66.52% of 1601 companies
in the Hardware industry
Industry Median: 13.09 vs SHSE:603519: 35.44

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


Jiangsu Liba Enterprise JSC Interest Coverage Historical Data

The historical data trend for Jiangsu Liba Enterprise JSC'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.

Jiangsu Liba Enterprise JSC Interest Coverage Chart

Jiangsu Liba Enterprise JSC 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 69.80 280.20 146.19 1,812.38 240.97

Jiangsu Liba Enterprise JSC 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 No Debt 37.56 No Debt 13.39 No Debt

Competitive Comparison of Jiangsu Liba Enterprise JSC's Interest Coverage

For the Electronic Components subindustry, Jiangsu Liba Enterprise JSC'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.


Jiangsu Liba Enterprise JSC's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangsu Liba Enterprise JSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jiangsu Liba Enterprise JSC's Interest Coverage falls into.


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Jiangsu Liba Enterprise JSC 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.

Jiangsu Liba Enterprise JSC'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, Jiangsu Liba Enterprise JSC's Interest Expense was ¥-1 Mil. Its Operating Income was ¥174 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*174.463/-0.724
=240.97

Jiangsu Liba Enterprise JSC's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Jiangsu Liba Enterprise JSC's Interest Expense was ¥0 Mil. Its Operating Income was ¥45 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0 Mil.

Jiangsu Liba Enterprise JSC had no debt (1).

* 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.


Jiangsu Liba Enterprise JSC  (SHSE:603519) 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 .


Jiangsu Liba Enterprise JSC Interest Coverage Related Terms

Thank you for viewing the detailed overview of Jiangsu Liba Enterprise JSC's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Liba Enterprise JSC Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Caixi Road, Environmental Protection Technology Industrial Park, Jiangsu Province, Yixing, CHN, 214205
Jiangsu Liba Enterprise JSC Ltd is engaged in the research and development, production and sales of composite materials for home appliance appearance. Its products are mainly laminated film (VCM) series products and coated board (PCM) series products, widely used in refrigerators, washing machines, water heaters, microwave ovens, air conditioners, high-end building door panels and other fields.
Executives
Jiang Da Wei Directors, senior managers
Lu Feng Xian Director
Chu Yi Ping senior management
Wang Shi Qin Director

Jiangsu Liba Enterprise JSC Headlines

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