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Winner Technology Co (SZSE:300609) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Winner Technology 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. Winner Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥-34.9 Mil. Winner Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.9 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 Winner Technology Co's Interest Coverage or its related term are showing as below:


SZSE:300609's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.785
* 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.


Winner Technology Co Interest Coverage Historical Data

The historical data trend for Winner Technology 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.

Winner Technology Co Interest Coverage Chart

Winner Technology Co 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 190.57 - 10.00 - -

Winner Technology Co 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 - - - 75.95 -

Competitive Comparison of Winner Technology Co's Interest Coverage

For the Software - Application subindustry, Winner Technology 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.


Winner Technology Co's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Winner Technology Co's Interest Coverage distribution charts can be found below:

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



Winner Technology 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.

Winner Technology Co'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, Winner Technology Co's Interest Expense was ¥-1.3 Mil. Its Operating Income was ¥-20.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥14.0 Mil.

Winner Technology Co did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2024, Winner Technology Co's Interest Expense was ¥-0.9 Mil. Its Operating Income was ¥-34.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥13.1 Mil.

Winner Technology 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.


Winner Technology Co  (SZSE:300609) 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 .


Winner Technology Co Interest Coverage Related Terms

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Winner Technology Co (SZSE:300609) Business Description

Traded in Other Exchanges
N/A
Address
Lane 55, Zhangjiang Chuanhe Road, No. 6, China (Shanghai) Pilot Free Trade Zone, Pudong New Area, Shanghai, CHN, 201210
Winner Technology Co Inc Formerly Winner Information Technology Inc is a Chinese company engaged in the big data business. It provides offline consumer entity consumer data collection and analysis. The solutions offered by the company includes smart shopping, wisdom store and data service. Wisdom stores acquire consumer and product information by combining video identification, Beacon\Wi-Fi\RFID and other data collection technologies and multimedia means.
Executives
Sun Wei Min Directors, executives
Zhang Hong Jun Directors, executives
Guo Hong Wei Supervisors
Xue Hong Wei Director

Winner Technology Co (SZSE:300609) Headlines

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