GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiajia Food Group Co Ltd (SZSE:002650) » Definitions » Interest Coverage

Jiajia Food Group Co (SZSE:002650) Interest Coverage : 13.16 (As of Mar. 2025)


View and export this data going back to 2012. Start your Free Trial

What is Jiajia Food Group 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. Jiajia Food Group Co's Operating Income for the three months ended in Mar. 2025 was ¥19 Mil. Jiajia Food Group Co's Interest Expense for the three months ended in Mar. 2025 was ¥-1 Mil. Jiajia Food Group Co's interest coverage for the quarter that ended in Mar. 2025 was 13.16. The higher the ratio, the stronger the company's financial strength is.

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


SZSE:002650's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.4
* 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.


Jiajia Food Group Co Interest Coverage Historical Data

The historical data trend for Jiajia Food Group 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.

Jiajia Food Group Co Interest Coverage Chart

Jiajia Food Group 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 23.66 - - - -

Jiajia Food Group 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 4.33 - - - 13.16

Competitive Comparison of Jiajia Food Group Co's Interest Coverage

For the Packaged Foods subindustry, Jiajia Food Group 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.


Jiajia Food Group Co's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiajia Food Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jiajia Food Group Co's Interest Coverage falls into.


;
;

Jiajia Food Group 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.

Jiajia Food Group 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, Jiajia Food Group Co's Interest Expense was ¥-9 Mil. Its Operating Income was ¥-106 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0 Mil.

Jiajia Food Group Co did not have earnings to cover the interest expense.

Jiajia Food Group Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Jiajia Food Group Co's Interest Expense was ¥-1 Mil. Its Operating Income was ¥19 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*18.759/-1.425
=13.16

* 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.


Jiajia Food Group Co  (SZSE:002650) 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 .


Jiajia Food Group Co Interest Coverage Related Terms

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


Jiajia Food Group Co Business Description

Traded in Other Exchanges
N/A
Address
Chezhan Road, Ningxiang County Economic, Changsha, CHN, 410600
Jiajia Food Group Co Ltd is a food manufacturing company based in China. The company is primarily engaged in the research and development, production and marketing of various types of seasonings and edible oil. Its product offering includes soy sauces, tea oils, edible oils, compound seasoning products and hot pot sauces.
Executives
Liu Yong Jiao Directors, executives
Chen Bo Qiu Executives
Xiao Sai Ping Director
Yang Zhen Directors, executives
Song Xiang Qian Director

Jiajia Food Group Co Headlines

No Headlines