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Beijing Comens New Materials Co (SZSE:300200) Interest Coverage : 54.16 (As of Mar. 2025)


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What is Beijing Comens New Materials 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 Comens New Materials Co's Operating Income for the three months ended in Mar. 2025 was ¥42 Mil. Beijing Comens New Materials Co's Interest Expense for the three months ended in Mar. 2025 was ¥-1 Mil. Beijing Comens New Materials Co's interest coverage for the quarter that ended in Mar. 2025 was 54.16. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Beijing Comens New Materials Co's Interest Coverage or its related term are showing as below:

SZSE:300200' s Interest Coverage Range Over the Past 10 Years
Min: 36.73   Med: 256.32   Max: 1764.47
Current: 36.73


SZSE:300200's Interest Coverage is ranked better than
74.05% of 1187 companies
in the Chemicals industry
Industry Median: 9.67 vs SZSE:300200: 36.73

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 Comens New Materials Co Interest Coverage Historical Data

The historical data trend for Beijing Comens New Materials 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 Comens New Materials Co Interest Coverage Chart

Beijing Comens New Materials 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 1,764.47 263.46 268.96 535.46 51.27

Beijing Comens New Materials 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 1,468.06 179.60 21.43 17.13 54.16

Competitive Comparison of Beijing Comens New Materials Co's Interest Coverage

For the Specialty Chemicals subindustry, Beijing Comens New Materials 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 Comens New Materials Co's Interest Coverage Distribution in the Chemicals Industry

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

* The bar in red indicates where Beijing Comens New Materials Co's Interest Coverage falls into.


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Beijing Comens New Materials 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 Comens New Materials 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 Comens New Materials Co's Interest Expense was ¥-3 Mil. Its Operating Income was ¥134 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*134.222/-2.618
=51.27

Beijing Comens New Materials 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 Comens New Materials Co's Interest Expense was ¥-1 Mil. Its Operating Income was ¥42 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*41.869/-0.773
=54.16

* 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.


Beijing Comens New Materials Co  (SZSE:300200) 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 Comens New Materials Co Interest Coverage Related Terms

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


Beijing Comens New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No.8, Yanshan Industrial Zone, Fangshan District, Beijing, CHN, 102502
Beijing Comens New Materials Co Ltd is engaged in offering solutions for bonding, sealing, and protection in the field of soft packaging, assembling, construction, furniture, and building materials. The products of the company include Pu windscreen replacement adhesive sealant, PU sealant primer, and easy flowing timber, flooring adhesive.
Executives
Shi Xiang Qian Directors, executives
Wang Xiao Ping Executives
Chen Deng Yu Executives
Chen Xing Hua Executives
Li De Yu Executives
He Zhang Sheng Executives
Wang Zi Ping Director
Cao Xue Director
Chen Li Li Supervisors
Li Xiang Dong Supervisors
Zhang Yang Directors, executives
Luo Shan Guo Executives
Cong Bin Executives
Yu Qin Liang Supervisors
Deng Yu Dong Directors, executives

Beijing Comens New Materials Co Headlines

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