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. Nanjing Develop Advanced Manufacturing Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥30 Mil. Nanjing Develop Advanced Manufacturing Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-3 Mil.
Nanjing Develop Advanced Manufacturing Co's interest coverage for the quarter that ended in Mar. 2026 was 11.73.
The higher the ratio, the stronger the company's financial strength is.
Nanjing Develop Advanced Manufacturing Co (SHSE:688377) 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 .
Nanjing Develop Advanced Manufacturing Co Interest Coverage Related Terms
Nanjing Develop Advanced Manufacturing Co Interest Coverage Historical Data
* 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.
Nanjing Develop Advanced Manufacturing Co Interest Coverage Chart
Nanjing Develop Advanced Manufacturing Co Annual Data
SHSE:688377 vs SLB, BKR, HAL: Interest Coverage Comparison
For the Oil & Gas Equipment & Services subindustry, Nanjing Develop Advanced Manufacturing 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.
Nanjing Develop Advanced Manufacturing Co Interest Coverage vs Oil & Gas Industry
Nanjing Develop Advanced Manufacturing 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:
* 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.
Nanjing Develop Advanced Manufacturing Co (SHSE:688377) has a Interest Coverage of 11.73 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nanjing Develop Advanced Manufacturing Co and its competitors. This is 30% above median its historical median of 9.00. Over the past decade, Nanjing Develop Advanced Manufacturing Co's Interest Coverage has ranged from 2.08 to 31.95. According to the industry distribution chart, Nanjing Develop Advanced Manufacturing Co ranks #231 out of 727 companies in the Oil & Gas industry, placing it in the top 31.8%.
Is Nanjing Develop Advanced Manufacturing Co's Interest Coverage too high?
Nanjing Develop Advanced Manufacturing Co's current Interest Coverage of 11.73 is 30% above median its 10-year median of 9.00. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 31.95. The Oil & Gas industry median Interest Coverage is 5.88. Nanjing Develop Advanced Manufacturing Co's value of 11.73 is 99.5% above this industry median. Based on the distribution chart, Nanjing Develop Advanced Manufacturing Co ranks #231 out of 727 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Nanjing Develop Advanced Manufacturing Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Develop Advanced Manufacturing Co's Interest Coverage compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Nanjing Develop Advanced Manufacturing Co ranks #231 out of 727 companies for Interest Coverage. This puts Nanjing Develop Advanced Manufacturing Co in the upper half of its industry. The industry median Interest Coverage is 5.88. Nanjing Develop Advanced Manufacturing Co's value of 11.73 is 99.5% above this benchmark. Historically, Nanjing Develop Advanced Manufacturing Co's own Interest Coverage has ranged from 2.08 to 31.95 over the past decade. While the company's 10-year median is 9.00 vs. the industry median of 5.88, Nanjing Develop Advanced Manufacturing Co has consistently been above the industry average. 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 an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.88, based on 727 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. Nanjing Develop Advanced Manufacturing Co's current Interest Coverage of 11.73 is 99.5% above the industry median. 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 Nanjing Develop Advanced Manufacturing Co and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Develop Advanced Manufacturing Co's current Interest Coverage is 11.73, which is 30% above median its own 10-year median of 9.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Develop Advanced Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Develop Advanced Manufacturing Co (SHSE:688377) is currently considered Fairly Valued. The stock's GF Value™ is ¥22.67, compared to a current price of ¥24.87 — trading 9.7% above its estimated fair value. The current Interest Coverage is 11.73, which is 30% above median its 10-year median of 9.00 and 99.5% above the Oil & Gas industry median of 5.88. Nanjing Develop Advanced Manufacturing Co's overall GF Score™ is 93/100 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 Nanjing Develop Advanced Manufacturing Co (SHSE:688377), the current Interest Coverage is 11.73 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 Nanjing Develop Advanced Manufacturing Co (SHSE:688377) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing Develop Advanced Manufacturing Co stock appears to be overvalued.
The current stock price of ¥24.87 is trading 9.7% above its estimated GF Value™ of ¥22.67.
GuruFocus considers Nanjing Develop Advanced Manufacturing Co to be Fairly Valued.
Key valuation signals for SHSE:688377:
Interest Coverage: 11.73 (30% above median its 10-year median of 9.00)
GF Value™: ¥22.67 vs. price of ¥24.87 (9.7% above fair value)
Industry Position: 99.5% above the Oil & Gas median (#231 of 727)
No single metric tells the full story. See the SHSE:688377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing Develop Advanced Manufacturing Co Business Description
Nanjing Develop Advanced Manufacturing Co Ltd is engaged in production and sales of special parts for oil and gas equipment. The company manufactures and sells petroleum and natural gas mining equipment and components, components and high-pressure valves, offshore engineering mining equipment and components.
93GF Score
Get the complete analysis for SHSE:688377
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