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Hwa Create (SZSE:300045) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Hwa Create 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. Hwa Create's Operating Income for the three months ended in Dec. 2024 was ¥-88.9 Mil. Hwa Create's Interest Expense for the three months ended in Dec. 2024 was ¥-0.7 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 Hwa Create's Interest Coverage or its related term are showing as below:


SZSE:300045's Interest Coverage is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.06
* 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.


Hwa Create Interest Coverage Historical Data

The historical data trend for Hwa Create'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.

Hwa Create Interest Coverage Chart

Hwa Create 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 3.09 4.47 - 1.15 -

Hwa Create Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.21 - 12.26 - -

Competitive Comparison of Hwa Create's Interest Coverage

For the Aerospace & Defense subindustry, Hwa Create'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.


Hwa Create's Interest Coverage Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hwa Create's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hwa Create's Interest Coverage falls into.


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Hwa Create 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.

Hwa Create'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, Hwa Create's Interest Expense was ¥-1.9 Mil. Its Operating Income was ¥-115.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥5.8 Mil.

Hwa Create did not have earnings to cover the interest expense.

Hwa Create's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Hwa Create's Interest Expense was ¥-0.7 Mil. Its Operating Income was ¥-88.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥5.8 Mil.

Hwa Create 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.


Hwa Create  (SZSE:300045) 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 .


Hwa Create Interest Coverage Related Terms

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


Hwa Create Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Dongbeiwangxi Road, Chuangtong Technology Building, Building 18, Zhongguancun Software Park, Haidian District, Beijing, CHN, 100193
Hwa Create Corp is a China-based company engaged in the research and development, manufacturing, and sale of technologies and products of satellite navigation, radar and communication, navigation and communication antenna and embedded system. Its products are used in electromechanical industries of aviation, aerospace, ship and emulation training. The products of the company include Beidou satellite navigation chips, application modules, and their corresponding simulated test devices, designated antenna for satellite navigation, embedded modules and simulated test devices for radar and communication system, computer simulation and test platform for the electromechanical system, and computer simulation application development services.
Executives
Wang Wei Directors, executives
Wu Meng Bing Directors, executives
Xiong Yun Hong Director
Wang Qi Director
Zhang Hai Ying Independent director
Li Zong Li Director
Lu Jun Director
Chen Kang Executives
Liu Jie Hua Executives
Huang Jian Xin Executives
Fu Zheng Jun Executives
Huang Yu Bin Executives
Gao Xiao Li Directors, executives
Chen Yan Supervisors
Wang Ning Supervisors

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