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Eoptolink Technology (SZSE:300502) Interest Coverage : N/A (As of Mar. 2024)


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What is Eoptolink 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. Eoptolink Technology's Operating Income for the three months ended in Mar. 2024 was ¥364 Mil. Eoptolink Technology's Interest Expense for the three months ended in Mar. 2024 was ¥0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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

SZSE:300502' s Interest Coverage Range Over the Past 10 Years
Min: 5.83   Med: 350.84   Max: 9093.35
Current: 5.83


SZSE:300502's Interest Coverage is ranked worse than
67.41% of 1574 companies
in the Hardware industry
Industry Median: 12.685 vs SZSE:300502: 5.83

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


Eoptolink Technology Interest Coverage Historical Data

The historical data trend for Eoptolink 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.

Eoptolink Technology Interest Coverage Chart

Eoptolink Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 398.76 927.63 9,093.35 1,064.84 457.63

Eoptolink Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 51.63 N/A N/A 1.95 N/A

Competitive Comparison of Eoptolink Technology's Interest Coverage

For the Communication Equipment subindustry, Eoptolink 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.


Eoptolink Technology's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eoptolink Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Eoptolink Technology's Interest Coverage falls into.



Eoptolink 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.

Eoptolink Technology's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Eoptolink Technology's Interest Expense was ¥-2 Mil. Its Operating Income was ¥708 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥17 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*708.415/-1.548
=457.63

Eoptolink Technology's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Eoptolink Technology's Interest Expense was ¥0 Mil. Its Operating Income was ¥364 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥16 Mil.

GuruFocus does not calculate Eoptolink Technology's interest coverage with the available data.

* 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.


Eoptolink Technology  (SZSE:300502) 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 .


Eoptolink Technology Interest Coverage Related Terms

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


Eoptolink Technology (SZSE:300502) Business Description

Traded in Other Exchanges
N/A
Address
No.127 West Wulian Street, Gongxing Town, Shuangliu District, Chengdu, CHN, 610213
Eoptolink Technology Inc Ltd designs develops, manufactures, and markets a diverse portfolio of optical transceiver modules for all applications. Its products are used in various ICT applications, such as data centers, telecom networks, security monitoring, smart grid, and other industries. The firm's products include CFP & QSFP+; SFP+; XPF; X2; xPON; and CWDm SFP; among others.
Executives
Dai Xue Min Executives
Gao Guang Rong Director
Wang Cheng Directors, executives
Chen Wei Executives
Zhang Zhi Qiang Supervisors
Yuan Yin Supervisors
Director
Wan Ming Supervisors
Hu Xue Min Director
Wei Wei Supervisors, securities affairs representatives
Huang Xiao Lei Directors, executives
Li Jiang Directors, executives

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