GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hainan Jinpan Smart Technology Co Ltd (SHSE:688676) » Definitions » Interest Coverage

Hainan Jinpan Smart Technology Co (SHSE:688676) Interest Coverage : 11.94 (As of Mar. 2025)


View and export this data going back to 2021. Start your Free Trial

What is Hainan Jinpan Smart 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. Hainan Jinpan Smart Technology Co's Operating Income for the three months ended in Mar. 2025 was ¥131 Mil. Hainan Jinpan Smart Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥-11 Mil. Hainan Jinpan Smart Technology Co's interest coverage for the quarter that ended in Mar. 2025 was 11.94. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:688676' s Interest Coverage Range Over the Past 10 Years
Min: 8.19   Med: 19.24   Max: 75.92
Current: 17.38


SHSE:688676's Interest Coverage is ranked better than
52.02% of 2282 companies
in the Industrial Products industry
Industry Median: 15.66 vs SHSE:688676: 17.38

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


Hainan Jinpan Smart Technology Co Interest Coverage Historical Data

The historical data trend for Hainan Jinpan Smart 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.

Hainan Jinpan Smart Technology Co Interest Coverage Chart

Hainan Jinpan Smart Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 75.92 22.81 12.09 12.35 15.66

Hainan Jinpan Smart 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 8.56 11.85 26.78 22.49 11.94

Competitive Comparison of Hainan Jinpan Smart Technology Co's Interest Coverage

For the Specialty Industrial Machinery subindustry, Hainan Jinpan Smart 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.


Hainan Jinpan Smart Technology Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hainan Jinpan Smart Technology Co's Interest Coverage distribution charts can be found below:

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


;
;

Hainan Jinpan Smart 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.

Hainan Jinpan Smart 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, Hainan Jinpan Smart Technology Co's Interest Expense was ¥-48 Mil. Its Operating Income was ¥758 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥899 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*758.128/-48.425
=15.66

Hainan Jinpan Smart 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, Hainan Jinpan Smart Technology Co's Interest Expense was ¥-11 Mil. Its Operating Income was ¥131 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥952 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*130.84/-10.954
=11.94

* 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.


Hainan Jinpan Smart Technology Co  (SHSE:688676) 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 .


Hainan Jinpan Smart Technology Co Interest Coverage Related Terms

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


Hainan Jinpan Smart Technology Co Business Description

Traded in Other Exchanges
N/A
Address
168-39 Nanhai Avenue, Hainan Province, Haikou, CHN, 570216
Hainan Jinpan Smart Technology Co Ltd is engaged in the research and development, production and sales of power transmission and distribution and control equipment products used in the fields of new energy, high-end equipment, energy conservation and environmental protection. Products are sold all over the country and exported to more than 70 countries and regions around the world.
Executives
Wang Yao Qiang Core technical personnel
Geng Xiao Core technical personnel
Wang Wei Core technical personnel
Liu Ling Core technical personnel
Wang Rong Wang Core technical personnel
Liu Shu Hua Core technical personnel
Shen Li senior management
Xi Xiao Long Core technical personnel
Tan Tan Core technical personnel
Huang Dao Jun senior management

Hainan Jinpan Smart Technology Co Headlines

No Headlines