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Qiming Information Technology Co (SZSE:002232) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Qiming Information 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. Qiming Information Technology Co's Operating Income for the three months ended in Mar. 2025 was ¥-20.1 Mil. Qiming Information Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.0 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


SZSE:002232's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.09
* 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.


Qiming Information Technology Co Interest Coverage Historical Data

The historical data trend for Qiming Information 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.

Qiming Information Technology Co Interest Coverage Chart

Qiming Information 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 N/A 446.88 628.60 42.17 -

Qiming Information 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 - 1,225.68 - 237.90 -

Competitive Comparison of Qiming Information Technology Co's Interest Coverage

For the Software - Application subindustry, Qiming Information 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.


Qiming Information Technology Co's Interest Coverage Distribution in the Software Industry

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

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


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Qiming Information 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.

Qiming Information 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, Qiming Information Technology Co's Interest Expense was ¥-0.1 Mil. Its Operating Income was ¥-18.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.8 Mil.

Qiming Information Technology Co did not have earnings to cover the interest expense.

Qiming Information 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, Qiming Information Technology Co's Interest Expense was ¥-0.0 Mil. Its Operating Income was ¥-20.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1.0 Mil.

Qiming Information Technology Co did not have earnings to cover the interest expense.

* 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.


Qiming Information Technology Co  (SZSE:002232) 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 .


Qiming Information Technology Co Interest Coverage Related Terms

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Qiming Information Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1009 Lily Street, Changchun Jingyue High-tech Industrial Development Zone, Jilin Province, Changchun, CHN, 130122
Qiming Information Technology Co Ltd specializes in the research and development, manufacturing and services for automotive industry management software and automotive electronics products.
Executives
Du A Wei Executives
Wang Qiang Director
Xie Chun Yu Executives
Ren Ming Supervisors
Bai Yu Min Executives
Zhao Xiao Guo Executives
Zhao Cheng Cai Director
Zhang Yi Shan Director
Cheng Chuan Hai Directors, executives

Qiming Information Technology Co Headlines

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