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Hangzhou Tigermed Consulting Co (SZSE:300347) Interest Coverage : 5.90 (As of Mar. 2025)


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What is Hangzhou Tigermed Consulting 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. Hangzhou Tigermed Consulting Co's Operating Income for the three months ended in Mar. 2025 was ¥187 Mil. Hangzhou Tigermed Consulting Co's Interest Expense for the three months ended in Mar. 2025 was ¥-32 Mil. Hangzhou Tigermed Consulting Co's interest coverage for the quarter that ended in Mar. 2025 was 5.90. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hangzhou Tigermed Consulting Co's Interest Coverage or its related term are showing as below:

SZSE:300347' s Interest Coverage Range Over the Past 10 Years
Min: 7.56   Med: 20.71   Max: 55.31
Current: 8.26


SZSE:300347's Interest Coverage is ranked worse than
52.53% of 99 companies
in the Medical Diagnostics & Research industry
Industry Median: 10.13 vs SZSE:300347: 8.26

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


Hangzhou Tigermed Consulting Co Interest Coverage Historical Data

The historical data trend for Hangzhou Tigermed Consulting 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.

Hangzhou Tigermed Consulting Co Interest Coverage Chart

Hangzhou Tigermed Consulting 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 17.32 55.31 21.77 14.65 7.56

Hangzhou Tigermed Consulting 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 N/A 18.83 10.98 - 5.90

Competitive Comparison of Hangzhou Tigermed Consulting Co's Interest Coverage

For the Diagnostics & Research subindustry, Hangzhou Tigermed Consulting 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.


Hangzhou Tigermed Consulting Co's Interest Coverage Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Hangzhou Tigermed Consulting Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hangzhou Tigermed Consulting Co's Interest Coverage falls into.


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Hangzhou Tigermed Consulting 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.

Hangzhou Tigermed Consulting 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, Hangzhou Tigermed Consulting Co's Interest Expense was ¥-141 Mil. Its Operating Income was ¥1,068 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥723 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1067.989/-141.235
=7.56

Hangzhou Tigermed Consulting Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Hangzhou Tigermed Consulting Co's Interest Expense was ¥-32 Mil. Its Operating Income was ¥187 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥965 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*187.382/-31.748
=5.90

* 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.


Hangzhou Tigermed Consulting Co  (SZSE:300347) 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 .


Hangzhou Tigermed Consulting Co Interest Coverage Related Terms

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Hangzhou Tigermed Consulting Co Business Description

Traded in Other Exchanges
Address
Block 8, No. 19 Jugong Road, Room 2001-2010, 20th Floor, Xixing Sub-District, Binjiang District, Hangzhou, CHN, 310053
Hangzhou Tigermed Consulting Co Ltd is a China-based Contract Research Organization. The company's offered services include bioanalytical, medical writing, biostatistical analysis, and medical imaging. The therapeutic areas of the company include Infections, Hematology, Cardiovascular, Endocrinology, Rheumatology, Nephrology, and Central Nervous System (CNS) among others.
Executives
Directors, executives
Cao Xiao Chun Directors, executives
Executives
Ye Xiao Ping Director
Shi Xiao Li Supervisors
Wang Xiao Bo Supervisors
Li Xiao Ri Securities Affairs Representative
Xu Jia Lian Executives
Gong Yan Hua Director

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