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Zhengping Road & Bridge Construction Co (SHSE:603843) Interest Coverage : 0.11 (As of Mar. 2025)


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What is Zhengping Road & Bridge Construction 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. Zhengping Road & Bridge Construction Co's Operating Income for the three months ended in Mar. 2025 was ¥2 Mil. Zhengping Road & Bridge Construction Co's Interest Expense for the three months ended in Mar. 2025 was ¥-20 Mil. Zhengping Road & Bridge Construction Co's interest coverage for the quarter that ended in Mar. 2025 was 0.11. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Zhengping Road & Bridge Construction Co's Interest Coverage or its related term are showing as below:


SHSE:603843's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.22
* 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.


Zhengping Road & Bridge Construction Co Interest Coverage Historical Data

The historical data trend for Zhengping Road & Bridge Construction 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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Zhengping Road & Bridge Construction Co Interest Coverage Chart

Zhengping Road & Bridge Construction 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 2.66 3.13 0.37 - -

Zhengping Road & Bridge Construction 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 - - 0.08 - 0.11

Competitive Comparison of Zhengping Road & Bridge Construction Co's Interest Coverage

For the Engineering & Construction subindustry, Zhengping Road & Bridge Construction 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.


Zhengping Road & Bridge Construction Co's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhengping Road & Bridge Construction Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zhengping Road & Bridge Construction Co's Interest Coverage falls into.


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Zhengping Road & Bridge Construction 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.

Zhengping Road & Bridge Construction 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, Zhengping Road & Bridge Construction Co's Interest Expense was ¥-197 Mil. Its Operating Income was ¥-195 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥972 Mil.

Zhengping Road & Bridge Construction Co did not have earnings to cover the interest expense.

Zhengping Road & Bridge Construction Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Zhengping Road & Bridge Construction Co's Interest Expense was ¥-20 Mil. Its Operating Income was ¥2 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1,021 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*2.118/-20.162
=0.11

* 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.


Zhengping Road & Bridge Construction Co  (SHSE:603843) 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 .


Zhengping Road & Bridge Construction Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Zhengping Road & Bridge Construction Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhengping Road & Bridge Construction Co Business Description

Traded in Other Exchanges
N/A
Address
No. 128 Changjiang Road, 14th Floor, Innovation Building, Qinghai Province, Xining, CHN, 810000
Zhengping Road & Bridge Construction Co Ltd engages in the designing, engineering, construction, surveying, testing, and maintenance of roads and bridges in China. It constructs highway bridges, pavements, roadbeds, earth and stones, and tunnels; and produces and sells steel corrugated culvert and other products.
Executives
Jin Sheng Hui Director
Jin Sheng Guang Director
Li Jian Li Director
Luo Chang Quan Supervisors
Wang Zhang An Supervisors

Zhengping Road & Bridge Construction Co Headlines

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