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Nanjing Sunlord Electronics (SZSE:300975) Interest Coverage : 9.50 (As of Mar. 2025)


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What is Nanjing Sunlord Electronics 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. Nanjing Sunlord Electronics's Operating Income for the three months ended in Mar. 2025 was ¥114 Mil. Nanjing Sunlord Electronics's Interest Expense for the three months ended in Mar. 2025 was ¥-12 Mil. Nanjing Sunlord Electronics's interest coverage for the quarter that ended in Mar. 2025 was 9.50. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Nanjing Sunlord Electronics's Interest Coverage or its related term are showing as below:

SZSE:300975' s Interest Coverage Range Over the Past 10 Years
Min: 4.75   Med: 13.19   Max: 44.04
Current: 8.34


SZSE:300975's Interest Coverage is ranked worse than
60.52% of 1601 companies
in the Hardware industry
Industry Median: 13.09 vs SZSE:300975: 8.34

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


Nanjing Sunlord Electronics Interest Coverage Historical Data

The historical data trend for Nanjing Sunlord Electronics'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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Nanjing Sunlord Electronics Interest Coverage Chart

Nanjing Sunlord Electronics Annual Data
Trend Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.83 11.60 6.39 4.75 7.47

Nanjing Sunlord Electronics 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 6.53 8.27 17.51 5.30 9.50

Competitive Comparison of Nanjing Sunlord Electronics's Interest Coverage

For the Electronics & Computer Distribution subindustry, Nanjing Sunlord Electronics'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.


Nanjing Sunlord Electronics's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nanjing Sunlord Electronics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nanjing Sunlord Electronics's Interest Coverage falls into.


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Nanjing Sunlord Electronics 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.

Nanjing Sunlord Electronics'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, Nanjing Sunlord Electronics's Interest Expense was ¥-41 Mil. Its Operating Income was ¥306 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥12 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*305.894/-40.977
=7.47

Nanjing Sunlord Electronics's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Nanjing Sunlord Electronics's Interest Expense was ¥-12 Mil. Its Operating Income was ¥114 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥5 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*114.205/-12.02
=9.50

* 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.


Nanjing Sunlord Electronics  (SZSE:300975) 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 .


Nanjing Sunlord Electronics Interest Coverage Related Terms

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Nanjing Sunlord Electronics Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Hubei Road, Gulou District, Jiangsu Province, Nanjing, CHN, 210013
Nanjing Sunlord Electronics Corp Ltd is engaged in the distribution of passive components. The components are used in communications, networks, home appliances, power supplies, automotive electronics, industrial control and other fields.
Executives
Wang Liu Shun Independent director
Tang Bing Directors, executives
Liu Chao Director
Sha Hong Zhi Directors, executives
Zhang Quan Directors, executives

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