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GCL Energy Technology Co (SZSE:002015) Interest Coverage : 2.66 (As of Mar. 2025)


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What is GCL Energy Technology 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. GCL Energy Technology Co's Operating Income for the three months ended in Mar. 2025 was ¥494 Mil. GCL Energy Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥-186 Mil. GCL Energy Technology Co's interest coverage for the quarter that ended in Mar. 2025 was 2.66. 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. GCL Energy Technology Co Ltd interest coverage is 2.53, which is low.

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

SZSE:002015' s Interest Coverage Range Over the Past 10 Years
Min: 1.38   Med: 3   Max: 3137.81
Current: 2.53


SZSE:002015's Interest Coverage is ranked worse than
67.83% of 429 companies
in the Utilities - Regulated industry
Industry Median: 3.64 vs SZSE:002015: 2.53

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


GCL Energy Technology Co Interest Coverage Historical Data

The historical data trend for GCL Energy 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.

* Premium members only.

GCL Energy Technology Co Interest Coverage Chart

GCL Energy Technology 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 3.84 2.23 1.38 1.87 2.34

GCL Energy Technology 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 1.91 2.28 3.15 2.04 2.66

Competitive Comparison of GCL Energy Technology Co's Interest Coverage

For the Utilities - Regulated Electric subindustry, GCL Energy 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.


GCL Energy Technology Co's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, GCL Energy Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where GCL Energy Technology Co's Interest Coverage falls into.


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GCL Energy 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.

GCL Energy Technology 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, GCL Energy Technology Co's Interest Expense was ¥-725 Mil. Its Operating Income was ¥1,699 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥10,058 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1698.734/-724.604
=2.34

GCL Energy Technology Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, GCL Energy Technology Co's Interest Expense was ¥-186 Mil. Its Operating Income was ¥494 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥10,213 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*494.394/-185.917
=2.66

* 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.


GCL Energy Technology Co  (SZSE:002015) 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 .


GCL Energy Technology Co Interest Coverage Related Terms

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


GCL Energy Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Mazhen East Street, Xuxiake Town, Jiangsu Province, Jiangyin, CHN, 215000
GCL Energy Technology Co Ltd is a mobile energy service provider in China. The group focuses on three major businesses namely integrated solutions for battery swapping stations, battery swapping station operation and energy services, and battery cascade utilization to create an efficient, economical and green travel ecology.
Executives
Chu Jian Jian Director
Deng Bing Directors, executives
Chen Jian Zhong Directors, executives
Wu Yu Xing Executives
Sun Yin Long Director
Fan Wen Hua Supervisors

GCL Energy Technology Co Headlines

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