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Xilong Scientific Co (SZSE:002584) Interest Coverage : 8.45 (As of Mar. 2025)


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What is Xilong Scientific 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. Xilong Scientific Co's Operating Income for the three months ended in Mar. 2025 was ¥65 Mil. Xilong Scientific Co's Interest Expense for the three months ended in Mar. 2025 was ¥-8 Mil. Xilong Scientific Co's interest coverage for the quarter that ended in Mar. 2025 was 8.45. The higher the ratio, the stronger the company's financial strength is.

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

SZSE:002584' s Interest Coverage Range Over the Past 10 Years
Min: 1.94   Med: 2.73   Max: 22.58
Current: 5.35


SZSE:002584's Interest Coverage is ranked worse than
64.82% of 1191 companies
in the Chemicals industry
Industry Median: 9.97 vs SZSE:002584: 5.35

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


Xilong Scientific Co Interest Coverage Historical Data

The historical data trend for Xilong Scientific 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.

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Xilong Scientific Co Interest Coverage Chart

Xilong Scientific 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 1.94 2.68 2.61 2.38 4.13

Xilong Scientific 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 2.68 5.14 7.03 2.55 8.45

Competitive Comparison of Xilong Scientific Co's Interest Coverage

For the Chemicals subindustry, Xilong Scientific 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.


Xilong Scientific Co's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xilong Scientific Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Xilong Scientific Co's Interest Coverage falls into.


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Xilong Scientific 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.

Xilong Scientific 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, Xilong Scientific Co's Interest Expense was ¥-46 Mil. Its Operating Income was ¥191 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥276 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*190.917/-46.208
=4.13

Xilong Scientific Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Xilong Scientific Co's Interest Expense was ¥-8 Mil. Its Operating Income was ¥65 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥254 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*65.005/-7.695
=8.45

* 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.


Xilong Scientific Co  (SZSE:002584) 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 .


Xilong Scientific Co Interest Coverage Related Terms

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


Xilong Scientific Co Business Description

Traded in Other Exchanges
N/A
Address
F21 DS Building, 538 North Dezheng Road, Guangzhou, CHN, 510045
Xilong Scientific Co Ltd operates as a chemical reagents manufacturers and suppliers in China. Its products include chemical reagents (sulfuric acid, calcium hydroxide, ethanol, acetylacetone, nitric acid, ammonia solution, benzyl alcohol, ethanol, etc.), lab glassware (bottles, dish and tube; burning glass, measuring vessel and other lab glassware) and chemical raw materials (caustic soda flake, hydrochloric acid, sodium hydroxide).
Executives
Huang Wei Peng Director
Huang Wei Bo Director
Huang Zhen Kai Directors, executives
Huang Shao Qun Directors, executives
Liu Feng Supervisors
Wei Ying Yin Executives
Chen Biao Directors, executives
Li Shu Yan Supervisors
Mou Yong Supervisors
Wang Qi Guang Executives

Xilong Scientific Co Headlines

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