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Beijing Kingee Culture Development Co (SZSE:002721) Interest Coverage : 31.95 (As of Mar. 2025)


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What is Beijing Kingee Culture Development 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. Beijing Kingee Culture Development Co's Operating Income for the three months ended in Mar. 2025 was ¥8.9 Mil. Beijing Kingee Culture Development Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.3 Mil. Beijing Kingee Culture Development Co's interest coverage for the quarter that ended in Mar. 2025 was 31.95. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Beijing Kingee Culture Development Co's Interest Coverage or its related term are showing as below:


SZSE:002721's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.6
* 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.


Beijing Kingee Culture Development Co Interest Coverage Historical Data

The historical data trend for Beijing Kingee Culture Development 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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Beijing Kingee Culture Development Co Interest Coverage Chart

Beijing Kingee Culture Development Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Beijing Kingee Culture Development 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 - - - - 31.95

Competitive Comparison of Beijing Kingee Culture Development Co's Interest Coverage

For the Luxury Goods subindustry, Beijing Kingee Culture Development 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.


Beijing Kingee Culture Development Co's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beijing Kingee Culture Development Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Beijing Kingee Culture Development Co's Interest Coverage falls into.


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Beijing Kingee Culture Development 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.

Beijing Kingee Culture Development 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, Beijing Kingee Culture Development Co's Interest Expense was ¥-1.1 Mil. Its Operating Income was ¥-33.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥7.3 Mil.

Beijing Kingee Culture Development Co did not have earnings to cover the interest expense.

Beijing Kingee Culture Development Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Beijing Kingee Culture Development Co's Interest Expense was ¥-0.3 Mil. Its Operating Income was ¥8.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥6.3 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*8.945/-0.28
=31.95

* 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.


Beijing Kingee Culture Development Co  (SZSE:002721) 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 .


Beijing Kingee Culture Development Co Interest Coverage Related Terms

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Beijing Kingee Culture Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 69 Fuxing Road, Room 601, 6th Floor, Building 11, Haidian District, Beijing, CHN, 100045
Beijing Kingee Culture Development Co Ltd is a Chinese company engaged in the development of precious metals handicrafts and jewelry. It carries the activities of wholesale, retail, and supply chain services in China. The company offers ornaments, customized jewelry and product package.
Executives
Chen Bao Kang Executives
Zhong Cong Director
Zhou Fan Bo Executives
Shen Hong Hui Independent director
Zhang Ya Securities Affairs Representative
Su Qi An Executives
Sheng Bo Director
Xu Jin Zhi Supervisors
Huang Cui E Directors, executives
Zhou Yan Hua Supervisors

Beijing Kingee Culture Development Co Headlines

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