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Wutong Holding Group Co (SZSE:300292) Interest Coverage : 21.43 (As of Mar. 2025)


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What is Wutong Holding 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. Wutong Holding Group Co's Operating Income for the three months ended in Mar. 2025 was ¥54 Mil. Wutong Holding Group Co's Interest Expense for the three months ended in Mar. 2025 was ¥-3 Mil. Wutong Holding Group Co's interest coverage for the quarter that ended in Mar. 2025 was 21.43. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Wutong Holding Group Co's Interest Coverage or its related term are showing as below:

SZSE:300292' s Interest Coverage Range Over the Past 10 Years
Min: 2.25   Med: 8.03   Max: 26.12
Current: 16.05


SZSE:300292's Interest Coverage is ranked better than
54.09% of 1601 companies
in the Hardware industry
Industry Median: 13.09 vs SZSE:300292: 16.05

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Wutong Holding Group Co Interest Coverage Historical Data

The historical data trend for Wutong Holding 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.

* Premium members only.

Wutong Holding Group Co Interest Coverage Chart

Wutong Holding Group 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 2.68 2.25 4.47 8.42 14.03

Wutong Holding Group 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 12.62 12.81 17.31 13.82 21.43

Competitive Comparison of Wutong Holding Group Co's Interest Coverage

For the Communication Equipment subindustry, Wutong Holding 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.


Wutong Holding Group Co's Interest Coverage Distribution in the Hardware Industry

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

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


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Wutong Holding 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.

Wutong Holding Group 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, Wutong Holding Group Co's Interest Expense was ¥-13 Mil. Its Operating Income was ¥181 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*181.146/-12.907
=14.03

Wutong Holding Group Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Wutong Holding Group Co's Interest Expense was ¥-3 Mil. Its Operating Income was ¥54 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*54.055/-2.522
=21.43

* 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.


Wutong Holding Group Co  (SZSE:300292) 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 .


Wutong Holding Group Co Interest Coverage Related Terms

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Wutong Holding Group Co Business Description

Traded in Other Exchanges
N/A
Address
Huangqiao industrial park, No.32, Yongfang Rd, Huangqiao, Jiangsu Province, Suzhou, CHN, 215132
Wutong Holding Group Co Ltd is focused on connection technology in the field of communications. The company is specialized in research and development, production and sales of wireless communication radio frequency (RF) connection system and fiber connection products. The company's products are mainly divided into two categories: communication connection products for RF and fiber connection fields, and mobile communication terminal devices.
Executives
Shen Wei Xin Directors, executives
Zhang Jian Guo Directors, executives
Wan Wei Fang Director
Wang De Rui Independent director
Hu Xia Director
Jiang Hong Directors, executives
Li Rong Zhu Director
Yu Chun Executives
Wang Xiao Chun Executives

Wutong Holding Group Co Headlines

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