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Beijing Haixin Energy Technology Co (SZSE:300072) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Beijing Haixin Energy Technology 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 Haixin Energy Technology Co's Operating Income for the three months ended in Mar. 2025 was ¥-117 Mil. Beijing Haixin Energy Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥-37 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 Beijing Haixin Energy Technology Co's Interest Coverage or its related term are showing as below:


SZSE:300072's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 9.97
* 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 Haixin Energy Technology Co Interest Coverage Historical Data

The historical data trend for Beijing Haixin Energy Technology 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.

Beijing Haixin Energy Technology Co Interest Coverage Chart

Beijing Haixin Energy Technology 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 0.73 0.40 - - -

Beijing Haixin Energy Technology 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 - - - - -

Competitive Comparison of Beijing Haixin Energy Technology Co's Interest Coverage

For the Specialty Chemicals subindustry, Beijing Haixin Energy Technology 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 Haixin Energy Technology Co's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Beijing Haixin Energy Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Beijing Haixin Energy Technology Co's Interest Coverage falls into.


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Beijing Haixin Energy Technology 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 Haixin Energy Technology 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 Haixin Energy Technology Co's Interest Expense was ¥-178 Mil. Its Operating Income was ¥-522 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥60 Mil.

Beijing Haixin Energy Technology Co did not have earnings to cover the interest expense.

Beijing Haixin Energy Technology 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 Haixin Energy Technology Co's Interest Expense was ¥-37 Mil. Its Operating Income was ¥-117 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥71 Mil.

Beijing Haixin Energy Technology Co 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.


Beijing Haixin Energy Technology Co  (SZSE:300072) 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 Haixin Energy Technology Co Interest Coverage Related Terms

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


Beijing Haixin Energy Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.33 North Renda Road, 9th, 10th, 11th, and 12th floors of Dahang Jiye Building, Haidian District, Beijing, CHN, 100080
Beijing Haixin Energy Technology Co Ltd is engaged in the production and sales of new environmental protection materials and chemical products. It provides integrated services for the fossil energy industry, ecological agriculture and green energy services, manufacturing and integrated services for oil and gas facilities, and value-added trade services.
Executives
Cao Hua Feng Directors, executives
Sun Yan Hong Directors, executives
Lin Ke Director
Pu Yan Fang Executives
Ren Xiang Kun Executives
Fu Xing Guo Executives
Yuan Yi Executives
Wang Ning Sheng Directors, executives
Li Lin Directors, executives
Zhang Shu Rong Directors, executives
Liu Ming Yong Director
Guan Shuang Securities Affairs Representative
Wang Qing Ming Director
Zhang Jie Director
Cong Lan Bo Directors, executives

Beijing Haixin Energy Technology Co Headlines

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