GURUFOCUS.COM » STOCK LIST » Technology » Software » Eastcompeace Technology Co Ltd (SZSE:002017) » Definitions » Interest Coverage

Eastcompeace Technology Co (SZSE:002017) Interest Coverage : 965.04 (As of Mar. 2025)


View and export this data going back to 2004. Start your Free Trial

What is Eastcompeace 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. Eastcompeace Technology Co's Operating Income for the three months ended in Mar. 2025 was ¥54 Mil. Eastcompeace Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0 Mil. Eastcompeace Technology Co's interest coverage for the quarter that ended in Mar. 2025 was 965.04. 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. Eastcompeace Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

SZSE:002017' s Interest Coverage Range Over the Past 10 Years
Min: 15.83   Med: 47.98   Max: 903.03
Current: 789.77


SZSE:002017's Interest Coverage is ranked better than
83.03% of 1674 companies
in the Software industry
Industry Median: 26.06 vs SZSE:002017: 789.77

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


Eastcompeace Technology Co Interest Coverage Historical Data

The historical data trend for Eastcompeace 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.

Eastcompeace Technology Co Interest Coverage Chart

Eastcompeace 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 46.88 49.54 104.26 903.03 755.67

Eastcompeace 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 782.25 648.22 615.70 997.43 965.04

Competitive Comparison of Eastcompeace Technology Co's Interest Coverage

For the Software - Infrastructure subindustry, Eastcompeace 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.


Eastcompeace Technology Co's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Eastcompeace Technology Co's Interest Coverage distribution charts can be found below:

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


;
;

Eastcompeace 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.

Eastcompeace 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, Eastcompeace Technology Co's Interest Expense was ¥-0 Mil. Its Operating Income was ¥211 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*210.832/-0.279
=755.67

Eastcompeace 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, Eastcompeace Technology Co's Interest Expense was ¥-0 Mil. Its Operating Income was ¥54 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*54.042/-0.056
=965.04

* 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.


Eastcompeace Technology Co  (SZSE:002017) 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 .


Eastcompeace Technology Co Interest Coverage Related Terms

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


Eastcompeace Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Ping Gong Zhong Road, Nanping S&T Industry Community, Guangdon Province, Zhuhai, CHN, 519060
Eastcompeace Technology Co Ltd is a provider of smart card and system solution. The firm provides secure qualified products and services including scratch card, contactless card, dual interface card, citizen card, transportation card, social security card, SIMePay, terminal, device management system, mobile payment system, smart tracking system, banking card perso solution, one card solution, and overall solutions. It caters its services to telecommunications, banking and payment, government and public sectors. The company is based in China with a presence in Singapore, Bangladesh, India, and Russia.
Executives
Zhang Xiao Chuan Directors, executives
Song Gang Executives
Huang Xiao Peng Executives
Shi Wen Zhong Executives
Yuan Jian Guo Executives
Zhou Yong Jian Supervisors
Zhou Zhong Guo Director
Ren Bo Executives
Guo Duan Duan Director
Hu Dan Executives
Yang You Wei Director
Huang Ning Zhai Executives
Zhang Pei De Executives
Li Hai Jiang Executives

Eastcompeace Technology Co Headlines

No Headlines