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Bomin Electronics Co (SHSE:603936) Interest Coverage : 2.24 (As of Mar. 2025)


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What is Bomin Electronics 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. Bomin Electronics Co's Operating Income for the three months ended in Mar. 2025 was ¥32 Mil. Bomin Electronics Co's Interest Expense for the three months ended in Mar. 2025 was ¥-14 Mil. Bomin Electronics Co's interest coverage for the quarter that ended in Mar. 2025 was 2.24. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Bomin Electronics Co's Interest Coverage or its related term are showing as below:


SHSE:603936's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.23
* 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.


Bomin Electronics Co Interest Coverage Historical Data

The historical data trend for Bomin Electronics 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.

* Premium members only.

Bomin Electronics Co Interest Coverage Chart

Bomin Electronics 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 8.65 8.35 4.04 - -

Bomin Electronics 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 4.87 2.57 0.72 - 2.24

Competitive Comparison of Bomin Electronics Co's Interest Coverage

For the Electronic Components subindustry, Bomin Electronics 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.


Bomin Electronics Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bomin Electronics Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bomin Electronics Co's Interest Coverage falls into.


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Bomin Electronics 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.

Bomin Electronics 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, Bomin Electronics Co's Interest Expense was ¥-60 Mil. Its Operating Income was ¥-62 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1,281 Mil.

Bomin Electronics Co did not have earnings to cover the interest expense.

Bomin Electronics Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Bomin Electronics Co's Interest Expense was ¥-14 Mil. Its Operating Income was ¥32 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1,593 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*31.707/-14.136
=2.24

* 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.


Bomin Electronics Co  (SHSE:603936) 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 .


Bomin Electronics Co Interest Coverage Related Terms

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


Bomin Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
Intersection of Baohua Road and Haitian Road, 28th Floor, Block C, Baozhong Excellence Times Square, Baoan District, Shenzhen, CHN
Bomin Electronics Co Ltd is a PCB manufacturer. The company is engaged in the production of high-end printed circuit boards, integrating design, processing, sales, and foreign trade. The company products include HDI (high-density interconnect) board, ordinary double-sided, multi-layer, microwave high frequency, thick copper, metal, and soft board, soft and hard board. The products are used in communication equipment, medical equipment high-tech fields such as military high-tech products, inspection systems, aerospace, and home electronics.
Executives
Liu Yuan Cheng Directors, senior managers
Tan Xin senior management
Han Zhi Wei senior management
Wang Qiang senior management
Xie Xiao Mei Director
Xu Huan Director
Huang Xiao Dan senior management
Liu Yan Ping Directors, senior managers
Xie Jian Zhong Director
Song Zhi Fu Supervisors
Deng Hong Xi senior management
Huang Ji Mao Director

Bomin Electronics Co Headlines

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