Touchstone International Medical Science Co (SHSE:688013) Interest Coverage : 275.50 (As of Mar. 2025)

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What is Touchstone International Medical Science 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. Touchstone International Medical Science Co's Operating Income for the three months ended in Mar. 2025 was ¥9.9 Mil. Touchstone International Medical Science Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.0 Mil. Touchstone International Medical Science Co's interest coverage for the quarter that ended in Mar. 2025 was 275.50. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Touchstone International Medical Science Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Touchstone International Medical Science Co's Interest Coverage or its related term are showing as below:

SHSE:688013' s Interest Coverage Range Over the Past 10 Years
Min: 51.84 Med: 213.99 Max: 398.84
Current: 195.98

SHSE:688013's Interest Coverage is ranked better than
81.84% of 446 companies
in the Medical Devices & Instruments industry
Industry Median: 17.335 vs SHSE:688013: 195.98

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

Touchstone International Medical Science Co Interest Coverage Historical Data

The historical data trend for Touchstone International Medical Science 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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Touchstone International Medical Science Co Interest Coverage Chart

Touchstone International Medical Science Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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305.19

398.84

213.59

378.55

214.38

Touchstone International Medical Science 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															515.14	803.10	8.95	-	275.50

Competitive Comparison of Touchstone International Medical Science Co's Interest Coverage

For the Medical Instruments & Supplies subindustry, Touchstone International Medical Science 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.

Touchstone International Medical Science Co's Interest Coverage Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Touchstone International Medical Science Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Touchstone International Medical Science Co's Interest Coverage falls into.

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Touchstone International Medical Science 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.

Touchstone International Medical Science 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, Touchstone International Medical Science Co's Interest Expense was ¥-0.2 Mil. Its Operating Income was ¥48.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1.1 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	48.45	/	-0.226
	=	214.38

Touchstone International Medical Science Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Touchstone International Medical Science Co's Interest Expense was ¥-0.0 Mil. Its Operating Income was ¥9.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥5.9 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	9.918	/	-0.036
	=	275.50

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

Touchstone International Medical Science Co (SHSE:688013) 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 .

Touchstone International Medical Science Co Interest Coverage Related Terms

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

Touchstone International Medical Science Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Touchstone International Medical Science Co Ltd (SHSE:688013) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

278 Dongping Street, Suzhou Industrial Park, Suzhou, CHN, 215123

Website

http://www.touchstonesurgical.com

Touchstone International Medical Science Co Ltd is specialized in the development of surgical staplers that enhance clinical performance, minimise risk and improve patient outcomes. The company's products include Auto Purse String Clamp for Single Use (APS); Intraluminal Stapler for Single Use (CSC&ECSC); Endoscopic Linear Cutter and Single Use Loading Unit (ELC&ELCC); Intraluminal Stapler for Single Use (KOL); Linear Cutter and Reloads (LC&LCC); Linear Stapler and Reloads (LS&LSC); PPH Stapler and Purse Sets for Single Use (PPH); Tissue - Selecting Therapy Stapler (TST33); Tissue - Selecting Therapy Stapler (TST36); and Tissue - Selecting Therapy Stapler (Proctology Examination Kit).

Executives

Huang Bin	Core technical personnel
Ding Shui Cheng	Core technical personnel
Yang Cai Hong	Director
Tian Guo Yu	Directors, senior managers
Zhang Su Mei	Core technical personnel
Liu Wei	Director
Chen Wang Yu	Director

Touchstone International Medical Science Co Headlines

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