Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) 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 Wujin Stainless Steel Pipe Group Co Interest Coverage Related Terms
Jiangsu Wujin Stainless Steel Pipe Group Co Interest Coverage Historical Data
* 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.
Jiangsu Wujin Stainless Steel Pipe Group Co Interest Coverage Chart
Jiangsu Wujin Stainless Steel Pipe Group Co Annual Data
SHSE:603878 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Jiangsu Wujin Stainless Steel Pipe Group 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.
Jiangsu Wujin Stainless Steel Pipe Group Co Interest Coverage vs Steel Industry
Jiangsu Wujin Stainless Steel Pipe Group 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:
Jiangsu Wujin Stainless Steel Pipe Group Co did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jiangsu Wujin Stainless Steel Pipe Group Co and its competitors. Over the past decade, Jiangsu Wujin Stainless Steel Pipe Group Co's Interest Coverage has ranged from 1.79 to 445.90. According to the industry distribution chart, Jiangsu Wujin Stainless Steel Pipe Group Co ranks #354 out of 456 companies in the Steel industry, placing it in the top 77.6%.
Is Jiangsu Wujin Stainless Steel Pipe Group Co's Interest Coverage too high?
Jiangsu Wujin Stainless Steel Pipe Group Co's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 445.90. Based on the distribution chart, Jiangsu Wujin Stainless Steel Pipe Group Co ranks #354 out of 456 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Wujin Stainless Steel Pipe Group Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Wujin Stainless Steel Pipe Group Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Jiangsu Wujin Stainless Steel Pipe Group Co ranks #354 out of 456 companies for Interest Coverage. This places Jiangsu Wujin Stainless Steel Pipe Group Co in the lower half of its industry. The industry median Interest Coverage is 4.45. Historically, Jiangsu Wujin Stainless Steel Pipe Group Co's own Interest Coverage has ranged from 1.79 to 445.90 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jiangsu Wujin Stainless Steel Pipe Group Co and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Wujin Stainless Steel Pipe Group Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Wujin Stainless Steel Pipe Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.05, compared to a current price of ¥4.87 — trading 19.5% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Jiangsu Wujin Stainless Steel Pipe Group Co's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878), the current Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Wujin Stainless Steel Pipe Group Co stock appears to be undervalued.
The current stock price of ¥4.87 is trading 19.5% below its estimated GF Value™ of ¥6.05.
GuruFocus considers Jiangsu Wujin Stainless Steel Pipe Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:603878:
Interest Coverage: 0 (At Loss)
GF Value™: ¥6.05 vs. price of ¥4.87 (19.5% below fair value)
No single metric tells the full story. See the SHSE:603878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Wujin Stainless Steel Pipe Group Co Business Description
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