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Beijing Kawin Technology Share-Holding Co (SHSE:688687) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Beijing Kawin Technology Share-Holding 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. Beijing Kawin Technology Share-Holding Co's Operating Income for the three months ended in Sep. 2024 was ¥79 Mil. Beijing Kawin Technology Share-Holding Co's Interest Expense for the three months ended in Sep. 2024 was ¥0 Mil. did not have earnings to cover the interest expense. 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. Beijing Kawin Technology Share-Holding Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Beijing Kawin Technology Share-Holding Co's Interest Coverage or its related term are showing as below:

SHSE:688687' s Interest Coverage Range Over the Past 10 Years
Min: 2.53   Med: 136.43   Max: 1557.25
Current: 475.15


SHSE:688687's Interest Coverage is ranked better than
57.61% of 335 companies
in the Biotechnology industry
Industry Median: 137.08 vs SHSE:688687: 475.15

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


Beijing Kawin Technology Share-Holding Co Interest Coverage Historical Data

The historical data trend for Beijing Kawin Technology Share-Holding 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.

Beijing Kawin Technology Share-Holding Co Interest Coverage Chart

Beijing Kawin Technology Share-Holding Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 556.23 538.48 1,557.25 78.47 194.39

Beijing Kawin Technology Share-Holding Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 359.59 - 274.29 58.52 -

Competitive Comparison of Beijing Kawin Technology Share-Holding Co's Interest Coverage

For the Biotechnology subindustry, Beijing Kawin Technology Share-Holding 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.


Beijing Kawin Technology Share-Holding Co's Interest Coverage Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Beijing Kawin Technology Share-Holding Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Beijing Kawin Technology Share-Holding Co's Interest Coverage falls into.



Beijing Kawin Technology Share-Holding 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.

Beijing Kawin Technology Share-Holding Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Beijing Kawin Technology Share-Holding Co's Interest Expense was ¥-1 Mil. Its Operating Income was ¥151 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥28 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*150.844/-0.776
=194.39

Beijing Kawin Technology Share-Holding Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Beijing Kawin Technology Share-Holding Co's Interest Expense was ¥0 Mil. Its Operating Income was ¥79 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥119 Mil.

* 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.


Beijing Kawin Technology Share-Holding Co  (SHSE:688687) 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 .


Beijing Kawin Technology Share-Holding Co Interest Coverage Related Terms

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Beijing Kawin Technology Share-Holding Co Business Description

Traded in Other Exchanges
N/A
Address
6 Rongjing East Street, Economic Tech Development Zone, Beijing, CHN, 100176
Beijing Kawin Technology Share-Holding Co Ltd is a biotechnology company. It offers healthcare solutions for liver disease. The company's products include Pirfenidone Tablets, Peginterferon Alfacon-2 Injection, and Compound glycyrrhizin capsules.
Executives
Liu Shan Core technical personnel
Li Xiang Core technical personnel

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