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Gosuncn Technology Group Co (SZSE:300098) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Gosuncn Technology 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. Gosuncn Technology Group Co's Operating Income for the three months ended in Sep. 2024 was ¥-33 Mil. Gosuncn Technology Group Co's Interest Expense for the three months ended in Sep. 2024 was ¥-2 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 Gosuncn Technology Group Co's Interest Coverage or its related term are showing as below:


SZSE:300098's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.475
* 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.


Gosuncn Technology Group Co Interest Coverage Historical Data

The historical data trend for Gosuncn Technology 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.

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Gosuncn Technology Group Co Interest Coverage Chart

Gosuncn Technology Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Gosuncn Technology Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Gosuncn Technology Group Co's Interest Coverage

For the Communication Equipment subindustry, Gosuncn Technology 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.


Gosuncn Technology Group Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gosuncn Technology Group Co's Interest Coverage distribution charts can be found below:

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



Gosuncn Technology 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.

Gosuncn Technology Group Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Gosuncn Technology Group Co's Interest Expense was ¥-7 Mil. Its Operating Income was ¥-68 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥24 Mil.

Gosuncn Technology Group Co did not have earnings to cover the interest expense.

Gosuncn Technology Group Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Gosuncn Technology Group Co's Interest Expense was ¥-2 Mil. Its Operating Income was ¥-33 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥7 Mil.

Gosuncn Technology Group 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.


Gosuncn Technology Group Co  (SZSE:300098) 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 .


Gosuncn Technology Group Co Interest Coverage Related Terms

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Gosuncn Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
6th floor, No. 2819, Chuangchuang Avenue, Science City, Huangpu District, Guangdong, Guangzhou, CHN, 510530
Gosuncn Technology Group Co Ltd is engaged in the research and development and application of core technologies, products and solutions based on the Internet of Things and artificial intelligence and provides smart city Internet of Things products and services.
Executives
Liu Shuang Guang Directors, executives
Gu Yong Cheng Directors, executives
Zhou Jie Ying Supervisors
Jiang Tao Supervisors
Huang Can Securities Affairs Representative
Hou Yu Qing Directors, executives
Jia You Yao Director
Fang Ying Jie Directors, executives
Fan Xiao Bing Directors, executives
Cheng Jing Supervisors
Jiang Cheng Executives
Huang Hai Chao Executives
Wang Min Supervisors
Wang Zheng Wu Securities Affairs Representative
Qiu Chun Sen Supervisors

Gosuncn Technology Group Co Headlines

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