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Keeson Technology (SHSE:603610) Interest Coverage : 13.51 (As of Mar. 2025)


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What is Keeson Technology 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. Keeson Technology's Operating Income for the three months ended in Mar. 2025 was ¥97 Mil. Keeson Technology's Interest Expense for the three months ended in Mar. 2025 was ¥-7 Mil. Keeson Technology's interest coverage for the quarter that ended in Mar. 2025 was 13.51. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Keeson Technology's Interest Coverage or its related term are showing as below:

SHSE:603610' s Interest Coverage Range Over the Past 10 Years
Min: 1.91   Med: 20.3   Max: 969.15
Current: 9.59


SHSE:603610's Interest Coverage is ranked better than
50% of 322 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.355 vs SHSE:603610: 9.59

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


Keeson Technology Interest Coverage Historical Data

The historical data trend for Keeson Technology'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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Keeson Technology Interest Coverage Chart

Keeson Technology 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 969.15 29.98 1.91 7.06 8.61

Keeson Technology 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 8.99 6.15 11.14 8.77 13.51

Competitive Comparison of Keeson Technology's Interest Coverage

For the Furnishings, Fixtures & Appliances subindustry, Keeson Technology'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.


Keeson Technology's Interest Coverage Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Keeson Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Keeson Technology's Interest Coverage falls into.


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Keeson Technology 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.

Keeson Technology'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, Keeson Technology's Interest Expense was ¥-34 Mil. Its Operating Income was ¥293 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥480 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*292.89/-34.007
=8.61

Keeson Technology's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Keeson Technology's Interest Expense was ¥-7 Mil. Its Operating Income was ¥97 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥557 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*97.265/-7.202
=13.51

* 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.


Keeson Technology  (SHSE:603610) 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 .


Keeson Technology Interest Coverage Related Terms

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


Keeson Technology Business Description

Traded in Other Exchanges
N/A
Address
No.158, Qiu Mou Road, Wangjiangyu Town, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314016
Keeson Technology Corp Ltd is a multinational company specializing in the development, manufacture and sale of smart bedroom furniture and dedicated to healthy sleep intelligence technology and big data applications. The company's main products are smart electric beds and their supporting products. The products are exported to the United States, Canada, Australia, Russia, Japan and other countries.
Executives
Tang Ying Director
Huang Xiao Wei Directors, senior managers
Long Tan senior management
Xu Jin Hua Supervisors
Xu Jian Chun Supervisors
Dan Hua Feng senior management
Tang Guo Hai Director
Chen Gen Lei Supervisors

Keeson Technology Headlines

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