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Jianglong Shipbuilding Co (SZSE:300589) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Jianglong Shipbuilding 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. Jianglong Shipbuilding Co's Operating Income for the three months ended in Mar. 2025 was ¥-4 Mil. Jianglong Shipbuilding Co's Interest Expense for the three months ended in Mar. 2025 was ¥-1 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


SZSE:300589's Interest Coverage is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.06
* Ranked among companies with meaningful Interest Coverage only.

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


Jianglong Shipbuilding Co Interest Coverage Historical Data

The historical data trend for Jianglong Shipbuilding 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.

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Jianglong Shipbuilding Co Interest Coverage Chart

Jianglong Shipbuilding 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 5.16 10.31 5.14 65.21 -

Jianglong Shipbuilding 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 2,310.00 14.01 0.26 - -

Competitive Comparison of Jianglong Shipbuilding Co's Interest Coverage

For the Aerospace & Defense subindustry, Jianglong Shipbuilding 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.


Jianglong Shipbuilding Co's Interest Coverage Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jianglong Shipbuilding Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jianglong Shipbuilding Co's Interest Coverage falls into.


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Jianglong Shipbuilding 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.

Jianglong Shipbuilding 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, Jianglong Shipbuilding Co's Interest Expense was ¥0 Mil. Its Operating Income was ¥16 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0 Mil.

Jianglong Shipbuilding Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Jianglong Shipbuilding Co's Interest Expense was ¥-1 Mil. Its Operating Income was ¥-4 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0 Mil.

Jianglong Shipbuilding Co did not have earnings to cover the interest expense.

* 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.


Jianglong Shipbuilding Co  (SZSE:300589) 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 .


Jianglong Shipbuilding Co Interest Coverage Related Terms

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Jianglong Shipbuilding Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Guizhu Road, Jianglong Boat Science and Technology Park, Shenwan Town, Guangdong Province, Zhongshan, CHN, 528462
Jianglong Shipbuilding Co Ltd manufactures and sells various yachts and boats. It is engaged in design, research and development, manufacturing and sales of patrol boats, tourism leisure boats and passenger boats, which are made of steel, aluminum alloy, fiberglass and composite materials. The company's products include fiberglass luxury yachts, patrol boats, tourist passenger boats, fishing vessels, and Passenger boat.
Executives
Gong Zhong Ying Director
Zhao Sheng Hua Director
Tan Yong Can Executives
Yan Zhi Qing Directors, executives
Xia Gang Director
He Wen Jun Directors, executives
Cheng Jue Hao Independent director

Jianglong Shipbuilding Co Headlines

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