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Anhui Zhongding Sealing Parts Co (SZSE:000887) Interest Coverage : 8.81 (As of Mar. 2025)


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What is Anhui Zhongding Sealing Parts 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. Anhui Zhongding Sealing Parts Co's Operating Income for the three months ended in Mar. 2025 was ¥507 Mil. Anhui Zhongding Sealing Parts Co's Interest Expense for the three months ended in Mar. 2025 was ¥-58 Mil. Anhui Zhongding Sealing Parts Co's interest coverage for the quarter that ended in Mar. 2025 was 8.81. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Anhui Zhongding Sealing Parts Co's Interest Coverage or its related term are showing as below:

SZSE:000887' s Interest Coverage Range Over the Past 10 Years
Min: 4.66   Med: 9.18   Max: 17.64
Current: 7.76


SZSE:000887's Interest Coverage is ranked worse than
50.86% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 8.055 vs SZSE:000887: 7.76

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


Anhui Zhongding Sealing Parts Co Interest Coverage Historical Data

The historical data trend for Anhui Zhongding Sealing Parts 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.

Anhui Zhongding Sealing Parts Co Interest Coverage Chart

Anhui Zhongding Sealing Parts 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 4.66 5.81 10.67 6.51 7.69

Anhui Zhongding Sealing Parts 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 8.46 5.90 7.01 10.20 8.81

Competitive Comparison of Anhui Zhongding Sealing Parts Co's Interest Coverage

For the Auto Parts subindustry, Anhui Zhongding Sealing Parts 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.


Anhui Zhongding Sealing Parts Co's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Anhui Zhongding Sealing Parts Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Anhui Zhongding Sealing Parts Co's Interest Coverage falls into.


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Anhui Zhongding Sealing Parts 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.

Anhui Zhongding Sealing Parts 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, Anhui Zhongding Sealing Parts Co's Interest Expense was ¥-254 Mil. Its Operating Income was ¥1,950 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥957 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1949.913/-253.703
=7.69

Anhui Zhongding Sealing Parts Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Anhui Zhongding Sealing Parts Co's Interest Expense was ¥-58 Mil. Its Operating Income was ¥507 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥955 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*506.972/-57.569
=8.81

* 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.


Anhui Zhongding Sealing Parts Co  (SZSE:000887) 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 .


Anhui Zhongding Sealing Parts Co Interest Coverage Related Terms

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


Anhui Zhongding Sealing Parts Co Business Description

Traded in Other Exchanges
N/A
Address
Economic and Technological Development Zone, Anhui, Ningguo, CHN, 242300
Anhui Zhongding Sealing Parts Co Ltd focuses primarily on industrial and automotive parts production. The company's portfolio includes a wide range of industries, from rubber and plastic products manufacturing to machinery and mold manufacturing, automotive tools, information technology, environmental protection materials, eco-friendly engines and various high-quality industrial products. Some of Zhongding Group's key products include Dinghu rubber seals and special rubber products, which are widely used and trusted in the automotive, construction machinery, petrochemical processing, office automation, railway, and shipping industries.
Executives
Gao Sheng Qing Executives
Pan Jin Jun Supervisors
Yi Shan Bing Executives
Fang Bing Hu Executives
Liang Chun Fang Supervisors
Xia Ying Song Directors, executives
He Shi Sheng Executives
Jiang Wei Jian Secretary Dong
Hu Xiao Ping Supervisors
Yan Jiang Wei Directors, executives
Xia Ding Hu Director
Chen Xing Hua Executives
Zhu Ming Yuan Executives
Zhu Bao Ning Executives
He Shu Lin Executives

Anhui Zhongding Sealing Parts Co Headlines

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