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Jiangsu Shentong Valve Co (SZSE:002438) Interest Coverage : 18.39 (As of Mar. 2025)


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What is Jiangsu Shentong Valve 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. Jiangsu Shentong Valve Co's Operating Income for the three months ended in Mar. 2025 was ¥126 Mil. Jiangsu Shentong Valve Co's Interest Expense for the three months ended in Mar. 2025 was ¥-7 Mil. Jiangsu Shentong Valve Co's interest coverage for the quarter that ended in Mar. 2025 was 18.39. The higher the ratio, the stronger the company's financial strength is.

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

SZSE:002438' s Interest Coverage Range Over the Past 10 Years
Min: 6.16   Med: 11.9   Max: 29.33
Current: 13.93


SZSE:002438's Interest Coverage is ranked worse than
52.43% of 2283 companies
in the Industrial Products industry
Industry Median: 15.65 vs SZSE:002438: 13.93

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


Jiangsu Shentong Valve Co Interest Coverage Historical Data

The historical data trend for Jiangsu Shentong Valve 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.

Jiangsu Shentong Valve Co Interest Coverage Chart

Jiangsu Shentong Valve 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 15.26 29.33 12.13 11.66 12.67

Jiangsu Shentong Valve 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 12.97 8.48 11.75 20.91 18.39

Competitive Comparison of Jiangsu Shentong Valve Co's Interest Coverage

For the Specialty Industrial Machinery subindustry, Jiangsu Shentong Valve 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.


Jiangsu Shentong Valve Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Shentong Valve Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jiangsu Shentong Valve Co's Interest Coverage falls into.


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Jiangsu Shentong Valve 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.

Jiangsu Shentong Valve 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, Jiangsu Shentong Valve Co's Interest Expense was ¥-31 Mil. Its Operating Income was ¥389 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥243 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*389.255/-30.711
=12.67

Jiangsu Shentong Valve Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Jiangsu Shentong Valve Co's Interest Expense was ¥-7 Mil. Its Operating Income was ¥126 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥192 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*125.837/-6.844
=18.39

* 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.


Jiangsu Shentong Valve Co  (SZSE:002438) 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 .


Jiangsu Shentong Valve Co Interest Coverage Related Terms

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Jiangsu Shentong Valve Co Business Description

Traded in Other Exchanges
N/A
Address
NanYang Industrial Area, Qidong, Jiangsu, CHN, 226232
Jiangsu Shentong Valve Co Ltd is engaged in research, development, production, and sale of novel special valves. The company produces valves, ball valves, gate valves, stop valves, check valves, control valves, and special valves. The products are widely applied in fields of metallurgy, nuclear power, thermal power, chemical processing of coal, petroleum and natural gas gathering and transportation, petroleum refining and chemical.
Executives
Wang Yi Director
Zhao Wen Hao Executives
Han Li Director
Zhang Li Hong Executives
Chen Ming Di Securities Affairs Representative
Lin Dong Xiang Executives
Zhang Yi Fang Directors, executives
Shi Wei Ming Executives
Wu Jian Xin Director
Huang Yuan Zhong Supervisors
Chen Yong Sheng Supervisors
Huang Gao Yang Directors, executives
Yu Zheng Tao Directors, executives

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