TJK Intelligent Equipment Manufacturing (Tianjin) Co (SZSE:300823) Interest Coverage : 0 (At Loss) (As of Mar. 2025)

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What is TJK Intelligent Equipment Manufacturing (Tianjin) 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. TJK Intelligent Equipment Manufacturing (Tianjin) Co's Operating Income for the three months ended in Mar. 2025 was ¥-3.7 Mil. TJK Intelligent Equipment Manufacturing (Tianjin) Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.0 Mil. did not have earnings to cover the interest expense. 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. TJK Intelligent Equipment Manufacturing (Tianjin) Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for TJK Intelligent Equipment Manufacturing (Tianjin) Co's Interest Coverage or its related term are showing as below:

SZSE:300823' s Interest Coverage Range Over the Past 10 Years
Min: 2.18 Med: 35.96 Max: 15584
Current: 266.6

SZSE:300823's Interest Coverage is ranked better than
87.99% of 2282 companies
in the Industrial Products industry
Industry Median: 15.66 vs SZSE:300823: 266.60

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

TJK Intelligent Equipment Manufacturing (Tianjin) Co Interest Coverage Historical Data

The historical data trend for TJK Intelligent Equipment Manufacturing (Tianjin) 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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TJK Intelligent Equipment Manufacturing (Tianjin) Co Interest Coverage Chart

TJK Intelligent Equipment Manufacturing (Tianjin) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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101.39

15,584.00

51.16

326.07

257.02

TJK Intelligent Equipment Manufacturing (Tianjin) 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															154.58	223.89	176.28	697.45	-

Competitive Comparison of TJK Intelligent Equipment Manufacturing (Tianjin) Co's Interest Coverage

For the Specialty Industrial Machinery subindustry, TJK Intelligent Equipment Manufacturing (Tianjin) 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.

TJK Intelligent Equipment Manufacturing (Tianjin) Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TJK Intelligent Equipment Manufacturing (Tianjin) Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where TJK Intelligent Equipment Manufacturing (Tianjin) Co's Interest Coverage falls into.

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TJK Intelligent Equipment Manufacturing (Tianjin) 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.

TJK Intelligent Equipment Manufacturing (Tianjin) 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, TJK Intelligent Equipment Manufacturing (Tianjin) Co's Interest Expense was ¥-0.3 Mil. Its Operating Income was ¥67.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	67.339	/	-0.262
	=	257.02

TJK Intelligent Equipment Manufacturing (Tianjin) Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, TJK Intelligent Equipment Manufacturing (Tianjin) Co's Interest Expense was ¥-0.0 Mil. Its Operating Income was ¥-3.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.0 Mil.

TJK Intelligent Equipment Manufacturing (Tianjin) Co did not have earnings to cover the interest expense.

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

TJK Intelligent Equipment Manufacturing (Tianjin) Co (SZSE:300823) 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 .

TJK Intelligent Equipment Manufacturing (Tianjin) Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of TJK Intelligent Equipment Manufacturing (Tianjin) Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

TJK Intelligent Equipment Manufacturing (Tianjin) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TJK Intelligent Equipment Manufacturing (Tianjin) Co Ltd (SZSE:300823) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7 Wuwei Road, Lugang Logistics Equipment Industrial Park, Beichen District, Tianjin, CHN, 300408

Website

https://www.tjkmachinery.com

TJK Intelligent Equipment Manufacturing (Tianjin) Co Ltd is engaged in the research and development, design, production and sales of high-end CNC steel bar processing equipment and provides overall solutions for CNC steel bar processing. The company's products are used in high-speed railways, highways, bridges and tunnels, rail transit, underground pipeline corridors, nuclear power, hydropower and other large-scale infrastructure construction and assembly buildings, steel processing and distribution centers and other fields.

Executives

Chen Zhen Hua	Director
Chen Zhen Sheng	Director

TJK Intelligent Equipment Manufacturing (Tianjin) Co Headlines

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