Laplace Renewable Energy Technology CoSHSE:688726 -0.23%13 Interest Coverage is 85.68 as of Mar. 2026, which is 37% below its 10-year median of 135.45. GuruFocus rates SHSE:688726 with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 2,322 Industrial Products companies, Laplace Renewable Energy Technology Co ranks better than 78.85% 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. Laplace Renewable Energy Technology Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥171 Mil. Laplace Renewable Energy Technology Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-2 Mil.
Laplace Renewable Energy Technology Co's interest coverage for the quarter that ended in Mar. 2026 was 85.68.
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. Laplace Renewable Energy Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
SHSE:688726'
s Interest Coverage Range Over the Past 10 Years
Min: 81.72 Med: 135.45 Max: 277.72
Current: 81.72
SHSE:688726's Interest Coverage is ranked better than 78.85% of 2322
companies
in the Industrial Products industry
Industry Median: 14.835
vs SHSE:688726: 81.72
Laplace Renewable Energy Technology Co (SHSE:688726) 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 .
Laplace Renewable Energy Technology Co Interest Coverage Related Terms
Laplace Renewable Energy Technology 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.
Laplace Renewable Energy Technology Co Interest Coverage Chart
Laplace Renewable Energy Technology Co Annual Data
SHSE:688726 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Laplace Renewable Energy 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.
Laplace Renewable Energy Technology Co Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Laplace Renewable Energy Technology Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Laplace Renewable Energy Technology Co's Interest Coverage falls into.
Laplace Renewable Energy 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:
* 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.
Laplace Renewable Energy Technology Co (SHSE:688726) has a Interest Coverage of 85.68 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Laplace Renewable Energy Technology Co and its competitors. This is 37% below median its historical median of 135.45. Over the past decade, Laplace Renewable Energy Technology Co's Interest Coverage has ranged from 81.72 to 277.72. According to the industry distribution chart, Laplace Renewable Energy Technology Co ranks #491 out of 2322 companies in the Industrial Products industry, placing it in the top 21.1%.
Is Laplace Renewable Energy Technology Co's Interest Coverage too high?
Laplace Renewable Energy Technology Co's current Interest Coverage of 85.68 is 37% below median its 10-year median of 135.45. Over the past 10 years, this metric has ranged from a low of 81.72 to a high of 277.72. The Industrial Products industry median Interest Coverage is 14.84. Laplace Renewable Energy Technology Co's value of 85.68 is 477.6% above this industry median. Based on the distribution chart, Laplace Renewable Energy Technology Co ranks #491 out of 2322 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Laplace Renewable Energy Technology Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Laplace Renewable Energy Technology Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Laplace Renewable Energy Technology Co ranks #491 out of 2322 companies for Interest Coverage. This places Laplace Renewable Energy Technology Co in the top 21% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.84. Laplace Renewable Energy Technology Co's value of 85.68 is 477.6% above this benchmark. Historically, Laplace Renewable Energy Technology Co's own Interest Coverage has ranged from 81.72 to 277.72 over the past decade. While the company's 10-year median is 135.45 vs. the industry median of 14.84, Laplace Renewable Energy Technology 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 Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.84, based on 2,322 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. Laplace Renewable Energy Technology Co's current Interest Coverage of 85.68 is 477.6% 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 Laplace Renewable Energy Technology Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laplace Renewable Energy Technology Co's current Interest Coverage is 85.68, which is 37% below median its own 10-year median of 135.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laplace Renewable Energy Technology Co stock overvalued right now?
Laplace Renewable Energy Technology Co (SHSE:688726) has a current Interest Coverage of 85.68. The current Interest Coverage is 85.68, which is 37% below median its 10-year median of 135.45 and 477.6% above the Industrial Products industry median of 14.84. Laplace Renewable Energy Technology Co's overall GF Score™ is 13/100 with 3 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 Laplace Renewable Energy Technology Co (SHSE:688726), the current Interest Coverage is 85.68 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.
Laplace Renewable Energy Technology Co Business Description
Laplace Renewable Energy Technology Co Ltd is engaged in research & develoment, production and sales of high-performance thermal processes, coatings and supporting automation equipment required for photovoltaic cell manufacturing.
13GF Score
Get the complete analysis for SHSE:688726
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688726 has been successfully added to your 
