DBAPPSecurity Co (SHSE:688023) Interest Coverage: 0 (At Loss) (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688023 DBAPPSecurity Co Ltd SHSE:688023
72 GF Score
Price ¥36.43
GF Value ¥55.76
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is DBAPPSecurity Co Interest Coverage?

DBAPPSecurity Co SHSE:688023 -3.09% 72 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates SHSE:688023 with a GF Score™ of 72/100 and a GF Value™ of ¥55.76 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,719 Software companies, DBAPPSecurity Co ranks worse than 84% on this metric.

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. DBAPPSecurity Co's Operating Income for the three months ended in Mar. 2026 was ¥-110 Mil. DBAPPSecurity Co's Interest Expense for the three months ended in Mar. 2026 was ¥-6 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 DBAPPSecurity Co's Interest Coverage or its related term are showing as below:

SHSE:688023' s Interest Coverage Range Over the Past 10 Years
Min: 3.14   Med: 23.7   Max: 882.45
Current: 3.36


SHSE:688023's Interest Coverage is ranked worse than
84% of 1719 companies
in the Software industry
Industry Median: 24.65 vs SHSE:688023: 3.36

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


DBAPPSecurity Co  (SHSE:688023) 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 .


DBAPPSecurity Co Interest Coverage Related Terms


DBAPPSecurity Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for DBAPPSecurity 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.

DBAPPSecurity Co Interest Coverage Chart

DBAPPSecurity Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 3.14

DBAPPSecurity Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 32.79 0.00

SHSE:688023 vs MSFT, ORCL, PLTR: Interest Coverage Comparison

For the Software - Infrastructure subindustry, DBAPPSecurity 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.


DBAPPSecurity Co Interest Coverage vs Software Industry

For the Software industry and Technology sector, DBAPPSecurity Co's Interest Coverage distribution charts can be found below:

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


SHSE:688023
72GF Score
DBAPPSecurity Co Ltd SHSE:688023
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DBAPPSecurity 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.

DBAPPSecurity Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, DBAPPSecurity Co's Interest Expense was ¥-39 Mil. Its Operating Income was ¥123 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥115 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*122.535/-39.006
=3.14

DBAPPSecurity Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, DBAPPSecurity Co's Interest Expense was ¥-6 Mil. Its Operating Income was ¥-110 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥203 Mil.

DBAPPSecurity 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
DBAPPSecurity Co (SHSE:688023) 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 DBAPPSecurity Co and its competitors. Over the past decade, DBAPPSecurity Co's Interest Coverage has ranged from 3.14 to 882.45. According to the industry distribution chart, DBAPPSecurity Co ranks #1444 out of 1719 companies in the Software industry, placing it in the top 84%.
Is DBAPPSecurity Co's Interest Coverage too high?
DBAPPSecurity Co's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 882.45. Based on the distribution chart, DBAPPSecurity Co ranks #1444 out of 1719 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, DBAPPSecurity Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DBAPPSecurity Co's Interest Coverage compare to MSFT and ORCL?
According to the Software industry distribution chart, DBAPPSecurity Co ranks #1444 out of 1719 companies for Interest Coverage. This places DBAPPSecurity Co in the lower half of its industry. The industry median Interest Coverage is 24.65. Historically, DBAPPSecurity Co's own Interest Coverage has ranged from 3.14 to 882.45 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 Software company?
The median Interest Coverage among Software companies is 24.65, based on 1,719 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 DBAPPSecurity Co and its competitors. For the Software industry, the median Interest Coverage is 24.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DBAPPSecurity 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 DBAPPSecurity Co stock overvalued right now?
Based on GuruFocus' analysis, DBAPPSecurity Co (SHSE:688023) is currently considered Possible Value Trap. The stock's GF Value™ is ¥55.76, compared to a current price of ¥36.43 — trading 34.7% below its estimated fair value. The current Interest Coverage is 0 (At Loss). DBAPPSecurity Co's overall GF Score™ is 72/100 with 4 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 DBAPPSecurity Co (SHSE:688023), 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 DBAPPSecurity Co (SHSE:688023) Overvalued in 2026?

Based on GuruFocus' analysis, DBAPPSecurity Co stock appears to be undervalued. The current stock price of ¥36.43 is trading 34.7% below its estimated GF Value™ of ¥55.76. GuruFocus considers DBAPPSecurity Co to be Possible Value Trap.

Key valuation signals for SHSE:688023:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ¥55.76 vs. price of ¥36.43 (34.7% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DBAPPSecurity Co Business Description

Address No. 188, Lianhui Street, Anheng Building, Xixing Street, Binjiang District, Zhejiang, Hangzhou, CHN, 310051
DBAPPSecurity Co Ltd is engaged in the development, production and sales of network information security products and provides customers with professional network information security services. The company's products and services cover applications such as Application Security, Big data Security, Cloud Security, IoT Security, Industrial Control Security, and Industrial Internet Security.
72GF Score

Get the complete analysis for SHSE:688023

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥36.43
Price
¥55.76
GF Value