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Victory Giant Technology (HuiZhou)Co (SZSE:300476) Interest Coverage : 25.81 (As of Mar. 2025)


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What is Victory Giant Technology (HuiZhou)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. Victory Giant Technology (HuiZhou)Co's Operating Income for the three months ended in Mar. 2025 was ¥1,142 Mil. Victory Giant Technology (HuiZhou)Co's Interest Expense for the three months ended in Mar. 2025 was ¥-44 Mil. Victory Giant Technology (HuiZhou)Co's interest coverage for the quarter that ended in Mar. 2025 was 25.81. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Victory Giant Technology (HuiZhou)Co's Interest Coverage or its related term are showing as below:

SZSE:300476' s Interest Coverage Range Over the Past 10 Years
Min: 8.2   Med: 17.83   Max: No Debt
Current: 17.68


SZSE:300476's Interest Coverage is ranked better than
55.87% of 1602 companies
in the Hardware industry
Industry Median: 13.105 vs SZSE:300476: 17.68

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


Victory Giant Technology (HuiZhou)Co Interest Coverage Historical Data

The historical data trend for Victory Giant Technology (HuiZhou)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.

Victory Giant Technology (HuiZhou)Co Interest Coverage Chart

Victory Giant Technology (HuiZhou)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 13.17 9.73 8.20 9.46 12.38

Victory Giant Technology (HuiZhou)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 8.92 9.03 14.16 17.77 25.81

Competitive Comparison of Victory Giant Technology (HuiZhou)Co's Interest Coverage

For the Electronic Components subindustry, Victory Giant Technology (HuiZhou)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.


Victory Giant Technology (HuiZhou)Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Victory Giant Technology (HuiZhou)Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Victory Giant Technology (HuiZhou)Co's Interest Coverage falls into.


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Victory Giant Technology (HuiZhou)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.

Victory Giant Technology (HuiZhou)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, Victory Giant Technology (HuiZhou)Co's Interest Expense was ¥-110 Mil. Its Operating Income was ¥1,367 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2,370 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1366.968/-110.431
=12.38

Victory Giant Technology (HuiZhou)Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Victory Giant Technology (HuiZhou)Co's Interest Expense was ¥-44 Mil. Its Operating Income was ¥1,142 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2,914 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*1142.215/-44.254
=25.81

* 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.


Victory Giant Technology (HuiZhou)Co  (SZSE:300476) 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 .


Victory Giant Technology (HuiZhou)Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Victory Giant Technology (HuiZhou)Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Victory Giant Technology (HuiZhou)Co Business Description

Traded in Other Exchanges
N/A
Address
Xingcheng Science and Technology Park, Xinqiao Village, Danshui Town, Huiyang District, Huizhou, Guangdong, CHN, 516211
Victory Giant Technology (HuiZhou)Co Ltd is a China-based company principally engaged in the research and development, manufacture and sale of printed circuit boards (PCBs). The company products are widely used in LED displays, server, communications, medical equipment, new energy vehicles, computer peripherals and other fields. The Company's main products include double-sided PCBs and continuous layer PCBs.
Executives
Liu Hui Independent director
Zhu Guo Qiang Executives
Zhao Qi Xiang Directors, executives
Chen Yong Directors, executives
Zhou Zong Hua Supervisors
Wang Yun Supervisors
Li Qi Liang Securities Affairs Representative
Wei Jun Yi Supervisors
Liu Chun Lan Director
Xiong Hou You Supervisors
Chen Tao Directors, executives
He Lian Qi Directors, executives

Victory Giant Technology (HuiZhou)Co Headlines

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