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Fujian Supertech Advanced Material Co (SHSE:688398) Interest Coverage : 2.70 (As of Mar. 2025)


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What is Fujian Supertech Advanced Material 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. Fujian Supertech Advanced Material Co's Operating Income for the three months ended in Mar. 2025 was ¥17.0 Mil. Fujian Supertech Advanced Material Co's Interest Expense for the three months ended in Mar. 2025 was ¥-6.3 Mil. Fujian Supertech Advanced Material Co's interest coverage for the quarter that ended in Mar. 2025 was 2.70. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Fujian Supertech Advanced Material Co's Interest Coverage or its related term are showing as below:

SHSE:688398' s Interest Coverage Range Over the Past 10 Years
Min: 3.13   Med: 43.8   Max: 168.38
Current: 4.16


SHSE:688398's Interest Coverage is ranked worse than
69.87% of 1188 companies
in the Chemicals industry
Industry Median: 9.72 vs SHSE:688398: 4.16

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


Fujian Supertech Advanced Material Co Interest Coverage Historical Data

The historical data trend for Fujian Supertech Advanced Material 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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Fujian Supertech Advanced Material Co Interest Coverage Chart

Fujian Supertech Advanced Material Co Annual Data
Trend Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.54 168.38 91.87 16.68 4.75

Fujian Supertech Advanced Material 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 4.78 10.76 3.21 3.21 2.70

Competitive Comparison of Fujian Supertech Advanced Material Co's Interest Coverage

For the Specialty Chemicals subindustry, Fujian Supertech Advanced Material 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.


Fujian Supertech Advanced Material Co's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fujian Supertech Advanced Material Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fujian Supertech Advanced Material Co's Interest Coverage falls into.


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Fujian Supertech Advanced Material 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.

Fujian Supertech Advanced Material 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, Fujian Supertech Advanced Material Co's Interest Expense was ¥-24.4 Mil. Its Operating Income was ¥115.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥442.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*115.614/-24.357
=4.75

Fujian Supertech Advanced Material Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Fujian Supertech Advanced Material Co's Interest Expense was ¥-6.3 Mil. Its Operating Income was ¥17.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥473.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*16.994/-6.3
=2.70

* 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.


Fujian Supertech Advanced Material Co  (SHSE:688398) 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 .


Fujian Supertech Advanced Material Co Interest Coverage Related Terms

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Fujian Supertech Advanced Material Co Business Description

Traded in Other Exchanges
N/A
Address
Lianguan Industrial Area, Liancheng County, Fujian Province, Longyan, CHN, 366200
Fujian Supertech Advanced Material Co Ltd engages in the production and sales of vacuum insulation materials. The company manufactures vacuum insulation boards, wall insulation boards, vacuum equipment, glass fibres and products, plastic films and products, and adsorbents. The vacuum insulation panels are used in refrigerators, freezers, refrigerated trucks, refrigerated containers, water heaters, vending machines, and ice storage tanks.
Executives
Yan Lang Ji senior management
Wang Mei Lan Director
Liu Zhu Ping senior management
Yang Jia Ying Directors, senior managers
Chang Xiao An Director

Fujian Supertech Advanced Material Co Headlines

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