Ningbo Hicon Industry Technology Co (SZSE:001237) Interest Coverage: 11,508.44 (As of Mar. 2026) — 287% Above Median

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SZSE:001237 Ningbo Hicon Industry Technology Co Ltd SZSE:001237
20 GF Score
Price ¥54.09
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What is Ningbo Hicon Industry Technology Co Interest Coverage?

Ningbo Hicon Industry Technology Co SZSE:001237 -1.21% 20 Interest Coverage is 11,508.44 as of Mar. 2026, which is 287% above its 10-year median of 2,973.51. GuruFocus rates SZSE:001237 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 288 Furnishings, Fixtures & Appliances companies, Ningbo Hicon Industry Technology Co ranks worse than 347221.88% 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. Ningbo Hicon Industry Technology Co's Operating Income for the three months ended in Mar. 2026 was ¥104 Mil. Ningbo Hicon Industry Technology Co's Interest Expense for the three months ended in Mar. 2026 was ¥-0 Mil. Ningbo Hicon Industry Technology Co's interest coverage for the quarter that ended in Mar. 2026 was 11,508.44. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ningbo Hicon Industry Technology Co's Interest Coverage or its related term are showing as below:


SZSE:001237's Interest Coverage is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 11.245
* Ranked among companies with meaningful Interest Coverage only.

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


Ningbo Hicon Industry Technology Co  (SZSE:001237) 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 .


Ningbo Hicon Industry Technology Co Interest Coverage Related Terms


Ningbo Hicon Industry Technology Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ningbo Hicon Industry Technology 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.

Ningbo Hicon Industry Technology Co Interest Coverage Chart

Ningbo Hicon Industry Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Interest Coverage
7.74 112.92 10,235.71 5,834.10

Ningbo Hicon Industry Technology Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only No Debt N/A No Debt N/A 11,508.44

SZSE:001237 vs SN, SGI, MHK: Interest Coverage Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ningbo Hicon Industry 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.


Ningbo Hicon Industry Technology Co Interest Coverage vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ningbo Hicon Industry Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ningbo Hicon Industry Technology Co's Interest Coverage falls into.


SZSE:001237
20GF Score
Ningbo Hicon Industry Technology Co Ltd SZSE:001237
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Hicon Industry 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:

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.

Ningbo Hicon Industry Technology Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Ningbo Hicon Industry Technology Co's Interest Expense was ¥-0 Mil. Its Operating Income was ¥426 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*425.889/-0.073
=5,834.10

Ningbo Hicon Industry Technology Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Ningbo Hicon Industry Technology Co's Interest Expense was ¥-0 Mil. Its Operating Income was ¥104 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*103.576/-0.009
=11,508.44

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 11,508.44 mean?
Ningbo Hicon Industry Technology Co (SZSE:001237) has a Interest Coverage of 11,508.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ningbo Hicon Industry Technology Co and its competitors. This is 287% above median its historical median of 2,973.51. According to the industry distribution chart, Ningbo Hicon Industry Technology Co ranks #999999 out of 288 companies in the Furnishings, Fixtures & Appliances industry.
Is Ningbo Hicon Industry Technology Co's Interest Coverage too high?
Ningbo Hicon Industry Technology Co's current Interest Coverage of 11,508.44 is 287% above median its 10-year median of 2,973.51. The Furnishings, Fixtures & Appliances industry median Interest Coverage is 11.25. Ningbo Hicon Industry Technology Co's value of 11,508.44 is 102242.7% above this industry median. Based on the distribution chart, Ningbo Hicon Industry Technology Co ranks #999999 out of 288 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Ningbo Hicon Industry Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Ningbo Hicon Industry Technology Co's Interest Coverage compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ningbo Hicon Industry Technology Co ranks #999999 out of 288 companies for Interest Coverage. This places Ningbo Hicon Industry Technology Co in the lower half of its industry. The industry median Interest Coverage is 11.25. Ningbo Hicon Industry Technology Co's value of 11,508.44 is 102242.7% above this benchmark. While the company's 10-year median is 2,973.51 vs. the industry median of 11.25, Ningbo Hicon Industry 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 a Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 11.25, based on 288 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. Ningbo Hicon Industry Technology Co's current Interest Coverage of 11,508.44 is 102242.7% 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 Ningbo Hicon Industry Technology Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 11.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Hicon Industry Technology Co's current Interest Coverage is 11,508.44, which is 287% above median its own 10-year median of 2,973.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Hicon Industry Technology Co stock overvalued right now?
Ningbo Hicon Industry Technology Co (SZSE:001237) has a current Interest Coverage of 11,508.44. The current Interest Coverage is 11,508.44, which is 287% above median its 10-year median of 2,973.51 and 102242.7% above the Furnishings, Fixtures & Appliances industry median of 11.25. Ningbo Hicon Industry Technology Co's overall GF Score™ is 20/100 with 1 warning sign 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 Ningbo Hicon Industry Technology Co (SZSE:001237), the current Interest Coverage is 11,508.44 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.

Ningbo Hicon Industry Technology Co Business Description

Address No. 55, Binhai Fourth Road, Qianwan New District, Zhejiang Province, Ningbo, CHN, 315336
Ningbo Hicon Industry Technology Co Ltd is engaged in the research, development, production, and sales of refrigeration equipment. The company's products are widely used in many commercial and household fields, such as restaurants, hotels, supermarkets, cafes, milk tea shops, convenience stores, bars, schools, and offices. It exports to various countries and regions around the world, including China, the United States, Canada, Germany, Sweden, and Australia. The company's offerings include ice makers, Commercial ice makers, wine cabinets, refrigerators, freezers, car refrigerators, Ice cream machines, display cases, and Snow melting machines.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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