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Shanxi Coking Coal Energy Group Co (SZSE:000983) Interest Coverage : 7.35 (As of Mar. 2025)


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What is Shanxi Coking Coal Energy Group 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. Shanxi Coking Coal Energy Group Co's Operating Income for the three months ended in Mar. 2025 was ¥1,338 Mil. Shanxi Coking Coal Energy Group Co's Interest Expense for the three months ended in Mar. 2025 was ¥-182 Mil. Shanxi Coking Coal Energy Group Co's interest coverage for the quarter that ended in Mar. 2025 was 7.35. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Shanxi Coking Coal Energy Group Co's Interest Coverage or its related term are showing as below:

SZSE:000983' s Interest Coverage Range Over the Past 10 Years
Min: 1.3   Med: 5.95   Max: 15.87
Current: 6.93


SZSE:000983's Interest Coverage is ranked worse than
65.29% of 121 companies
in the Other Energy Sources industry
Industry Median: 14.45 vs SZSE:000983: 6.93

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


Shanxi Coking Coal Energy Group Co Interest Coverage Historical Data

The historical data trend for Shanxi Coking Coal Energy Group 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.

Shanxi Coking Coal Energy Group Co Interest Coverage Chart

Shanxi Coking Coal Energy Group 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 5.67 12.62 15.87 13.09 8.02

Shanxi Coking Coal Energy Group 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 17.32 21.20 22.26 2.43 7.35

Competitive Comparison of Shanxi Coking Coal Energy Group Co's Interest Coverage

For the Thermal Coal subindustry, Shanxi Coking Coal Energy Group 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.


Shanxi Coking Coal Energy Group Co's Interest Coverage Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shanxi Coking Coal Energy Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shanxi Coking Coal Energy Group Co's Interest Coverage falls into.


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Shanxi Coking Coal Energy Group 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.

Shanxi Coking Coal Energy Group 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, Shanxi Coking Coal Energy Group Co's Interest Expense was ¥-766 Mil. Its Operating Income was ¥6,137 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥23,889 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*6136.901/-765.672
=8.02

Shanxi Coking Coal Energy Group Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Shanxi Coking Coal Energy Group Co's Interest Expense was ¥-182 Mil. Its Operating Income was ¥1,338 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥25,890 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*1338.104/-181.995
=7.35

* 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.


Shanxi Coking Coal Energy Group Co  (SZSE:000983) 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 .


Shanxi Coking Coal Energy Group Co Interest Coverage Related Terms

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


Shanxi Coking Coal Energy Group Co Business Description

Traded in Other Exchanges
N/A
Address
No 318 West Mine Street, Xishan Building, Shanxi province, Taiyuan, CHN, 030053
Shanxi Coking Coal Energy Group Co Ltd is a China-based company engaged in coal sales, washing, and processing; power business: power generation and supply; power supply: power purchase and sales; power facility transportation and repair; sales of power equipment and accessories; equipment cleaning; cleaning services; Technology development, technology transfer, technical consulting; laboratory testing; mechanical and electrical repair; general mechanical processing; energy-saving transformation; new energy management; mine development, design and construction; mining and power equipment production and operation; mineral resource mining: coal mining.
Executives
Wan Xiao Li Supervisors
He Zhi Hong Executives
Li Xing Ren Director
Guo Fu Zhong Director
Wang Li Jie Director
Wang Yu Bao Director
Wang Jing Ying Securities Affairs Representative
Cui Min Xuan Director
Zhang Yi Director
Wang Ke Jun Executives
Li Qun Executives
Zhang Neng Hu Director
Xia Su Ping Director

Shanxi Coking Coal Energy Group Co Headlines

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