GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jenkem Technology Co Ltd (SHSE:688356) » Definitions » Interest Coverage

Jenkem Technology Co (SHSE:688356) Interest Coverage : 98.41 (As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is Jenkem Technology 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. Jenkem Technology Co's Operating Income for the three months ended in Mar. 2025 was ¥12.4 Mil. Jenkem Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.1 Mil. Jenkem Technology Co's interest coverage for the quarter that ended in Mar. 2025 was 98.41. 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. Jenkem Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

SHSE:688356' s Interest Coverage Range Over the Past 10 Years
Min: 43.44   Med: 744.12   Max: 2915.2
Current: 90.35


SHSE:688356's Interest Coverage is ranked better than
84.5% of 1187 companies
in the Chemicals industry
Industry Median: 9.67 vs SHSE:688356: 90.35

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


Jenkem Technology Co Interest Coverage Historical Data

The historical data trend for Jenkem Technology 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.

Jenkem Technology Co Interest Coverage Chart

Jenkem Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 1,753.72 1,102.93 744.12 395.64 110.14

Jenkem Technology 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 252.33 142.84 127.26 27.35 98.41

Competitive Comparison of Jenkem Technology Co's Interest Coverage

For the Specialty Chemicals subindustry, Jenkem Technology 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.


Jenkem Technology Co's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jenkem Technology Co's Interest Coverage distribution charts can be found below:

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


;
;

Jenkem Technology 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.

Jenkem Technology 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, Jenkem Technology Co's Interest Expense was ¥-0.3 Mil. Its Operating Income was ¥37.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥5.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*37.117/-0.337
=110.14

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

Here, for the three months ended in Mar. 2025, Jenkem Technology Co's Interest Expense was ¥-0.1 Mil. Its Operating Income was ¥12.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥4.8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*12.4/-0.126
=98.41

* 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.


Jenkem Technology Co  (SHSE:688356) 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 .


Jenkem Technology Co Interest Coverage Related Terms

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


Jenkem Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Xixiaokou Road, Dongsheng area, 306, 308, 310, 311, 3rd Floor, C-1 Building, Dongsheng Science Park, Northern Territory, Zhongguancun, Haidian District, Beijing, CHN, 100192
Jenkem Technology Co Ltd is engaged in research and development, production and sales of medical polyethylene glycol and its active derivatives. The company's products include Branched polyethylene glycol derivatives; Linear polyethylene glycol derivatives; Double substituted polyethylene glycol derivatives with the same functional group; Heterofunctional double substituted polyethylene glycol derivatives; Multi-arm polyethylene glycol derivatives; Multi-arm heterofunctional double substituted polyethylene glycol derivatives; and Monodisperse Polyethylene Glycol Derivatives.
Executives
Director
Zhang Ru Jun Director
Chen Bin Director
Han Lei Director

Jenkem Technology Co Headlines

No Headlines