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Hangzhou Zhongtai Cryogenic Technology (SZSE:300435) Interest Coverage : 136.14 (As of Mar. 2025)


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What is Hangzhou Zhongtai Cryogenic Technology 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 Zhongtai Cryogenic Technology's Operating Income for the three months ended in Mar. 2025 was ¥105 Mil. Hangzhou Zhongtai Cryogenic Technology's Interest Expense for the three months ended in Mar. 2025 was ¥-1 Mil. Hangzhou Zhongtai Cryogenic Technology's interest coverage for the quarter that ended in Mar. 2025 was 136.14. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hangzhou Zhongtai Cryogenic Technology's Interest Coverage or its related term are showing as below:

SZSE:300435' s Interest Coverage Range Over the Past 10 Years
Min: 7.84   Med: 19.31   Max: 49.16
Current: 38.99


SZSE:300435's Interest Coverage is ranked better than
67.09% of 2282 companies
in the Industrial Products industry
Industry Median: 15.66 vs SZSE:300435: 38.99

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 Zhongtai Cryogenic Technology Interest Coverage Historical Data

The historical data trend for Hangzhou Zhongtai Cryogenic Technology'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 Zhongtai Cryogenic Technology Interest Coverage Chart

Hangzhou Zhongtai Cryogenic Technology 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 29.73 23.69 16.46 12.41 19.32

Hangzhou Zhongtai Cryogenic Technology 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 10.08 13.58 11.65 - 136.14

Competitive Comparison of Hangzhou Zhongtai Cryogenic Technology's Interest Coverage

For the Specialty Industrial Machinery subindustry, Hangzhou Zhongtai Cryogenic Technology'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 Zhongtai Cryogenic Technology's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Zhongtai Cryogenic Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hangzhou Zhongtai Cryogenic Technology's Interest Coverage falls into.


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Hangzhou Zhongtai Cryogenic Technology 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 Zhongtai Cryogenic Technology'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 Zhongtai Cryogenic Technology's Interest Expense was ¥-16 Mil. Its Operating Income was ¥305 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*304.855/-15.783
=19.32

Hangzhou Zhongtai Cryogenic Technology's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Hangzhou Zhongtai Cryogenic Technology's Interest Expense was ¥-1 Mil. Its Operating Income was ¥105 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*104.961/-0.771
=136.14

* 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 Zhongtai Cryogenic Technology  (SZSE:300435) 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 Zhongtai Cryogenic Technology Interest Coverage Related Terms

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


Hangzhou Zhongtai Cryogenic Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 228, Zhejiang Dongzhou Golf Road, Fuyang, CHN, 311402
Hangzhou Zhongtai Cryogenic Technology Corp is a technology equipment and solution supplier. Its a provider of cryogenic technology processes and equipment. Its main business is process development, equipment design, manufacturing and sales of cryogenic technology. Its products are plate-fin heat exchangers, cold boxes and complete sets of equipment, including natural gas liquefaction equipment, air separation complete sets, carbon monoxide/hydrogen separation equipment.
Executives
Fang Jun Jie Supervisors
Zhang You Hu Directors, executives
Chen Huan Qin Director
Zhong Xiao Long Directors, executives
Zhou Juan Ping Secretary Dong
Tang Wei Executives
Yu Fu Can Director
Yu Xiao Liang Supervisors
Bian Chuan Rui Directors, executives
Lei Hao Supervisors
Zhang Guo Xing Directors, executives
Wang Jin Directors, executives
Jiang Yi Ming Supervisors
Lv Cheng Ying Executives

Hangzhou Zhongtai Cryogenic Technology Headlines

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