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Dongfang Electronics Co (SZSE:000682) Interest Coverage : 125.16 (As of Mar. 2025)


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What is Dongfang Electronics 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. Dongfang Electronics Co's Operating Income for the three months ended in Mar. 2025 was ¥96 Mil. Dongfang Electronics Co's Interest Expense for the three months ended in Mar. 2025 was ¥-1 Mil. Dongfang Electronics Co's interest coverage for the quarter that ended in Mar. 2025 was 125.16. 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. Dongfang Electronics Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

SZSE:000682' s Interest Coverage Range Over the Past 10 Years
Min: 10.74   Med: 52.11   Max: 165.55
Current: 165.55


SZSE:000682's Interest Coverage is ranked better than
84.05% of 2282 companies
in the Industrial Products industry
Industry Median: 15.66 vs SZSE:000682: 165.55

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


Dongfang Electronics Co Interest Coverage Historical Data

The historical data trend for Dongfang Electronics 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.

Dongfang Electronics Co Interest Coverage Chart

Dongfang Electronics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.88 45.86 28.26 59.32 155.94

Dongfang Electronics 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 85.03 93.90 85.83 657.73 125.16

Competitive Comparison of Dongfang Electronics Co's Interest Coverage

For the Electrical Equipment & Parts subindustry, Dongfang Electronics 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.


Dongfang Electronics Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dongfang Electronics Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dongfang Electronics Co's Interest Coverage falls into.


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Dongfang Electronics 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.

Dongfang Electronics 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, Dongfang Electronics Co's Interest Expense was ¥-5 Mil. Its Operating Income was ¥789 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥7 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*789.371/-5.062
=155.94

Dongfang Electronics Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Dongfang Electronics Co's Interest Expense was ¥-1 Mil. Its Operating Income was ¥96 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*96.497/-0.771
=125.16

* 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.


Dongfang Electronics Co  (SZSE:000682) 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 .


Dongfang Electronics Co Interest Coverage Related Terms

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


Dongfang Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
2 JiChang Road, Shandong Province, Yantai, CHN, 264001
Dongfang Electronics Co Ltd is a China-based company operating in the hi-tech industry. It offers energy management system solutions. The company provides intelligent automation control products and solutions in terms of power generation, power transmission, power transformation, power distribution and power utilization. It is also involved in the research and application of radio frequency identification technology, and high and low-voltage frequency converters. The product portfolio of the company comprises SCADA/EMS/DMS, mini SCADA, RTU/FRUT/BCU/Gateway, Metering products and others. The solutions provided by the company includes power grid engineering, power operation services, SCADA EMS, SCADA DMS, substation control system, substation automation system and others.
Executives
Qu Zhi Ping Independent director
Ding Zhen Hua Director
Wang Chuan Qi Executives
Ma Peng Xiang Directors, executives
Meng Fan Jin Director
Zhao Jian Guo Director
Sun Jiang Guo Supervisors
Xu Zhi Guo Supervisors
Liu Yao Jie Director

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