Careray Digital Medical Technology Co (SHSE:688607) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


SHSE:688607 Careray Digital Medical Technology Co Ltd SHSE:688607
65 GF Score
Price ¥49.47
GF Value ¥29.58
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Careray Digital Medical Technology Co Interest Coverage?

Careray Digital Medical Technology Co SHSE:688607 -1.88% 65 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates SHSE:688607 with a GF Score™ of 65/100 and a GF Value™ of ¥29.58 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 466 Medical Devices & Instruments companies, Careray Digital Medical Technology Co ranks worse than 50.43% 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. Careray Digital Medical Technology Co's Operating Income for the three months ended in Mar. 2026 was ¥-9.2 Mil. Careray Digital Medical Technology Co's Interest Expense for the three months ended in Mar. 2026 was ¥-0.1 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 Careray Digital Medical Technology Co's Interest Coverage or its related term are showing as below:

SHSE:688607' s Interest Coverage Range Over the Past 10 Years
Min: 15.38   Med: 57.5   Max: 389.25
Current: 15.7


SHSE:688607's Interest Coverage is ranked worse than
50.43% of 466 companies
in the Medical Devices & Instruments industry
Industry Median: 15.875 vs SHSE:688607: 15.70

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


Careray Digital Medical Technology Co  (SHSE:688607) 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 .


Careray Digital Medical Technology Co Interest Coverage Related Terms


Careray Digital Medical Technology Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Careray Digital Medical 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.

Careray Digital Medical Technology Co Interest Coverage Chart

Careray Digital Medical Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 389.25 0.00 15.38 22.93 21.04

Careray Digital Medical Technology 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 1,130.00 11.70 31.80 0.00

SHSE:688607 vs ABT, SYK, MDT: Interest Coverage Comparison

For the Medical Devices subindustry, Careray Digital Medical 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.


Careray Digital Medical Technology Co Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Careray Digital Medical Technology Co's Interest Coverage distribution charts can be found below:

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


SHSE:688607
65GF Score
Careray Digital Medical Technology Co Ltd SHSE:688607
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Careray Digital Medical 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.

Careray Digital Medical Technology 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, Careray Digital Medical Technology Co's Interest Expense was ¥-1.0 Mil. Its Operating Income was ¥20.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥6.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*19.991/-0.95
=21.04

Careray Digital Medical Technology Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Careray Digital Medical Technology Co's Interest Expense was ¥-0.1 Mil. Its Operating Income was ¥-9.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥6.9 Mil.

Careray Digital Medical Technology 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?
Careray Digital Medical Technology Co (SHSE:688607) 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 Careray Digital Medical Technology Co and its competitors. Over the past decade, Careray Digital Medical Technology Co's Interest Coverage has ranged from 15.38 to 389.25. According to the industry distribution chart, Careray Digital Medical Technology Co ranks #235 out of 466 companies in the Medical Devices & Instruments industry, placing it in the top 50.4%.
Is Careray Digital Medical Technology Co's Interest Coverage too high?
Careray Digital Medical Technology Co's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 15.38 to a high of 389.25. Based on the distribution chart, Careray Digital Medical Technology Co ranks #235 out of 466 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Careray Digital Medical Technology Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Careray Digital Medical Technology Co's Interest Coverage compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Careray Digital Medical Technology Co ranks #235 out of 466 companies for Interest Coverage. This places Careray Digital Medical Technology Co in the lower half of its industry. The industry median Interest Coverage is 15.88. Historically, Careray Digital Medical Technology Co's own Interest Coverage has ranged from 15.38 to 389.25 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.88, based on 466 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 Careray Digital Medical Technology Co and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Careray Digital Medical Technology 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 Careray Digital Medical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Careray Digital Medical Technology Co (SHSE:688607) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥29.58, compared to a current price of ¥49.47 — trading 67.2% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Careray Digital Medical Technology Co's overall GF Score™ is 65/100 with 6 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 Careray Digital Medical Technology Co (SHSE:688607), 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 Careray Digital Medical Technology Co (SHSE:688607) Overvalued in 2026?

Based on GuruFocus' analysis, Careray Digital Medical Technology Co stock appears to be overvalued. The current stock price of ¥49.47 is trading 67.2% above its estimated GF Value™ of ¥29.58. GuruFocus considers Careray Digital Medical Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688607:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ¥29.58 vs. price of ¥49.47 (67.2% above fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688607 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Careray Digital Medical Technology Co Business Description

Address No. 218 Xinghu Street, Room 501, Building A2 and B3, Bio-Nano Park, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215123
Careray Digital Medical Technology Co Ltd is engaged in the development and production of digital X-ray flat panel detectors, which are widely used in medical, pet, security, and industrial imaging diagnostic products. The product portfolio includes radiography, mammography, fluoroscopy, dental products, and other accessories.
65GF Score

Get the complete analysis for SHSE:688607

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

¥49.47
Price
¥29.58
GF Value