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Shanghai Taihe Water Technology Development Co (SHSE:605081) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Shanghai Taihe Water Technology Development 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. Shanghai Taihe Water Technology Development Co's Operating Income for the three months ended in Mar. 2025 was ¥-14.71 Mil. Shanghai Taihe Water Technology Development Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.67 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Shanghai Taihe Water Technology Development Co's Interest Coverage or its related term are showing as below:


SHSE:605081's Interest Coverage is not ranked *
in the Waste Management industry.
Industry Median: 5.58
* 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.


Shanghai Taihe Water Technology Development Co Interest Coverage Historical Data

The historical data trend for Shanghai Taihe Water Technology Development 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.

Shanghai Taihe Water Technology Development Co Interest Coverage Chart

Shanghai Taihe Water Technology Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Shanghai Taihe Water Technology Development Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Shanghai Taihe Water Technology Development Co's Interest Coverage

For the Waste Management subindustry, Shanghai Taihe Water Technology Development 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.


Shanghai Taihe Water Technology Development Co's Interest Coverage Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Shanghai Taihe Water Technology Development Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shanghai Taihe Water Technology Development Co's Interest Coverage falls into.


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Shanghai Taihe Water Technology Development 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.

Shanghai Taihe Water Technology Development 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, Shanghai Taihe Water Technology Development Co's Interest Expense was ¥-0.20 Mil. Its Operating Income was ¥-111.05 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥49.28 Mil.

Shanghai Taihe Water Technology Development Co did not have earnings to cover the interest expense.

Shanghai Taihe Water Technology Development Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Shanghai Taihe Water Technology Development Co's Interest Expense was ¥-0.67 Mil. Its Operating Income was ¥-14.71 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥62.93 Mil.

Shanghai Taihe Water Technology Development 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.

The higher the ratio, the stronger the company's Financial Strength is.


Shanghai Taihe Water Technology Development Co  (SHSE:605081) 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 .


Shanghai Taihe Water Technology Development Co Interest Coverage Related Terms

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


Shanghai Taihe Water Technology Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Lane 38, Caoli Road, Room 1957, Fengjing Town, Jinshan District, Shanghai, CHN, 201501
Shanghai Taihe Water Technology Development Co Ltd provides underwater ecological restoration research and development services. In the fields of ecological restoration of eutrophic water in rivers and lakes, rural sewage treatment, water quality protection of drinking water sources, and improvement of reclaimed water standards, the company provides customers with on-site surveys, water quality testing, program design, ecosystem construction, Integrated solutions and technical services such as system maintenance.

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