GURUFOCUS.COM » STOCK LIST » Technology » Software » New Trend International Logis-tech Co Ltd (SZSE:300532) » Definitions » Interest Coverage

New Trend International Logis-tech Co (SZSE:300532) Interest Coverage : 69.72 (As of Mar. 2025)


View and export this data going back to 2016. Start your Free Trial

What is New Trend International Logis-tech 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. New Trend International Logis-tech Co's Operating Income for the three months ended in Mar. 2025 was ¥75 Mil. New Trend International Logis-tech Co's Interest Expense for the three months ended in Mar. 2025 was ¥-1 Mil. New Trend International Logis-tech Co's interest coverage for the quarter that ended in Mar. 2025 was 69.72. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. New Trend International Logis-tech Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for New Trend International Logis-tech Co's Interest Coverage or its related term are showing as below:

SZSE:300532' s Interest Coverage Range Over the Past 10 Years
Min: 11.72   Med: 77.27   Max: No Debt
Current: 63.07


SZSE:300532's Interest Coverage is ranked better than
62.25% of 1674 companies
in the Software industry
Industry Median: 26.06 vs SZSE:300532: 63.07

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


New Trend International Logis-tech Co Interest Coverage Historical Data

The historical data trend for New Trend International Logis-tech 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.

New Trend International Logis-tech Co Interest Coverage Chart

New Trend International Logis-tech 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 11.72 12.33 44.54 132.74 86.74

New Trend International Logis-tech 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 353.66 134.84 27.20 - 69.72

Competitive Comparison of New Trend International Logis-tech Co's Interest Coverage

For the Software - Application subindustry, New Trend International Logis-tech 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.


New Trend International Logis-tech Co's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, New Trend International Logis-tech Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where New Trend International Logis-tech Co's Interest Coverage falls into.


;
;

New Trend International Logis-tech 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.

New Trend International Logis-tech 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, New Trend International Logis-tech Co's Interest Expense was ¥-4 Mil. Its Operating Income was ¥324 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*324.311/-3.739
=86.74

New Trend International Logis-tech Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, New Trend International Logis-tech Co's Interest Expense was ¥-1 Mil. Its Operating Income was ¥75 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*75.155/-1.078
=69.72

* 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.


New Trend International Logis-tech Co  (SZSE:300532) 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 .


New Trend International Logis-tech Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of New Trend International Logis-tech Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


New Trend International Logis-tech Co Business Description

Traded in Other Exchanges
N/A
Address
Cuibao Road, Baolong Street, Room 101, Jinri International Office Building, Baolong Community, Longgang District, Guangdong, Shenzhen, CHN, 518116
New Trend International Logis-tech Co Ltd provides logistics system integration services. It provides warehousing, distribution and logistics automation systems and services. It offers logistics software, including warehouse control system, warehouse management system, data acquisition, and monitoring system, logistics management integration platform, transportation management system, and picking management system. It provides production planning, design, system integration, software development, equipment customization; and after-sales service, and a series of services. Its automatic logistics systems are mainly used in tobacco, cold chain, new energy vehicles, medicine, machinery manufacturing, airports, retail chains, e-commerce and food and beverage industries.
Executives
Liu Cheng Kai Executives
Xia Bi Wu Supervisors
Shao Jian Wei Director
Liang Jian Ping Executives
Zhang Xiao Qi Directors, executives

New Trend International Logis-tech Co Headlines

No Headlines