Sichuan Dawn Precision Technology Co (SZSE:300780) Interest Coverage : 0 (At Loss) (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Sichuan Dawn Precision 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. Sichuan Dawn Precision Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥-19.5 Mil. Sichuan Dawn Precision Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-5.8 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 Sichuan Dawn Precision Technology Co's Interest Coverage or its related term are showing as below:

SZSE:300780's Interest Coverage is not ranked ^*
in the Industrial Products industry.
Industry Median: 13.86
* 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.

Sichuan Dawn Precision Technology Co Interest Coverage Historical Data

The historical data trend for Sichuan Dawn Precision 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.

Sichuan Dawn Precision Technology Co Interest Coverage Chart

Sichuan Dawn Precision Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

17.09

28.45

10.84

6.80

0.16

Sichuan Dawn Precision 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															2.67	1.51	0.18	-	-

Competitive Comparison of Sichuan Dawn Precision Technology Co's Interest Coverage

For the Specialty Industrial Machinery subindustry, Sichuan Dawn Precision 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.

Sichuan Dawn Precision Technology Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Dawn Precision Technology Co's Interest Coverage distribution charts can be found below:

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

Sichuan Dawn Precision 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.

Sichuan Dawn Precision 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, Sichuan Dawn Precision Technology Co's Interest Expense was ¥-25.0 Mil. Its Operating Income was ¥4.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥284.3 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	4.004	/	-24.991
	=	0.16

Sichuan Dawn Precision 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, Sichuan Dawn Precision Technology Co's Interest Expense was ¥-5.8 Mil. Its Operating Income was ¥-19.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥286.0 Mil.

Sichuan Dawn Precision Technology Co did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Sichuan Dawn Precision Technology Co (SZSE:300780) 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 .

Sichuan Dawn Precision Technology Co Interest Coverage Related Terms

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

Sichuan Dawn Precision Technology Co (SZSE:300780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sichuan Dawn Precision Technology Co Ltd (SZSE:300780) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Zhuyi Avenue, Qingshen County, Sichuan Province, Meishan, CHN, 620460

Website

http://www.cpt-world.com

Sichuan Dawn Precision Technology Co Ltd is engaged in the production of casting forging, machining, heat treatment, assembly and packaging. It offers large-scale application of industrial robots, intelligent equipment, intelligent transportation, intelligent warehouse Key technologies of intelligent manufacturing such as information technology, digital technology, equipment data acquisition, large-scale customized production, export of European standard, American standard, Japanese standard, national standard pulley, gear, sprocket, timing belt pulley, coupling, cone Standard mechanical transmission parts such as sleeves, expansion sleeves, geared motors, industrial belts, as well as complete sets of equipment and related parts and components.

Executives

Lei Yong Qiang	Director
Li Xi Yun	Executives
Xie Long De	Directors, executives
Lei Yu Fei	Director
Gou Xia Hong	Supervisors
Lei Yong Zhi	Directors, executives
Wang Fu Min	Director

Sichuan Dawn Precision Technology Co (SZSE:300780) Headlines

No Headlines