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Shenzhen Sdg Information Co (SZSE:000070) Interest Coverage : 0.04 (As of Mar. 2024)


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What is Shenzhen Sdg Information 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. Shenzhen Sdg Information Co's Operating Income for the three months ended in Mar. 2024 was ¥1 Mil. Shenzhen Sdg Information Co's Interest Expense for the three months ended in Mar. 2024 was ¥-29 Mil. Shenzhen Sdg Information Co's interest coverage for the quarter that ended in Mar. 2024 was 0.04. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shenzhen Sdg Information Co Ltd interest coverage is 1.48, which is low.

The historical rank and industry rank for Shenzhen Sdg Information Co's Interest Coverage or its related term are showing as below:

SZSE:000070' s Interest Coverage Range Over the Past 10 Years
Min: 0.34   Med: 4.51   Max: 21.77
Current: 1.48


SZSE:000070's Interest Coverage is ranked worse than
91.12% of 1576 companies
in the Hardware industry
Industry Median: 12.61 vs SZSE:000070: 1.48

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


Shenzhen Sdg Information Co Interest Coverage Historical Data

The historical data trend for Shenzhen Sdg Information 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.

Shenzhen Sdg Information Co Interest Coverage Chart

Shenzhen Sdg Information Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 3.32 0.34 0.73 1.70

Shenzhen Sdg Information Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.87 1.19 0.67 3.87 0.04

Competitive Comparison of Shenzhen Sdg Information Co's Interest Coverage

For the Communication Equipment subindustry, Shenzhen Sdg Information 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.


Shenzhen Sdg Information Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Sdg Information Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shenzhen Sdg Information Co's Interest Coverage falls into.



Shenzhen Sdg Information 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.

Shenzhen Sdg Information 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, Shenzhen Sdg Information Co's Interest Expense was ¥-109 Mil. Its Operating Income was ¥185 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1,603 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*184.887/-108.819
=1.70

Shenzhen Sdg Information Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Shenzhen Sdg Information Co's Interest Expense was ¥-29 Mil. Its Operating Income was ¥1 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2,157 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1.255/-28.817
=0.04

* 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.


Shenzhen Sdg Information Co  (SZSE:000070) 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 .


Shenzhen Sdg Information Co Interest Coverage Related Terms

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


Shenzhen Sdg Information Co (SZSE:000070) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Kefeng Road, Communications Building, Nanshan Technology Park, Shenzhen, Guangdong, CHN, 518057
Shenzhen Sdg Information Co Ltd is engaged in developing and focusing on the research and development and production of fiber optic cable, wiring network equipment, and communication equipment. The products of the company include optical fiber distribution frame, cable transfer box, splitter, single mode fiber, and low loss single mode fiber.
Executives
Zhang Sui Supervisors
Yang Hong Yu Directors, executives
Wang Bao Director
Liu Yan Supervisors
Cheng Peng Executives
Luo Tao Executives
Zhang Da Jun Secretary Dong
Liu Yang Executives
Jiang Qin Jian Directors, executives
Chen Hua Directors, executives
Wang Hai Lin Executives
Li Bin Xue Supervisors
Lu Bing Yi Supervisors
Guo Yue Executives
Guo Jian Min Executives

Shenzhen Sdg Information Co (SZSE:000070) Headlines

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