Fujian Nanwang Environment Protection Scien-Tech Co (SZSE:301355) Interest Coverage : 0.81 (As of Mar. 2025)

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What is Fujian Nanwang Environment Protection Scien-Tech 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. Fujian Nanwang Environment Protection Scien-Tech Co's Operating Income for the three months ended in Mar. 2025 was ¥3 Mil. Fujian Nanwang Environment Protection Scien-Tech Co's Interest Expense for the three months ended in Mar. 2025 was ¥-4 Mil. Fujian Nanwang Environment Protection Scien-Tech Co's interest coverage for the quarter that ended in Mar. 2025 was 0.81. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Fujian Nanwang Environment Protection Scien-Tech Co's Interest Coverage or its related term are showing as below:

SZSE:301355' s Interest Coverage Range Over the Past 10 Years
Min: 1.8 Med: 20.31 Max: 657.46
Current: 1.8

SZSE:301355's Interest Coverage is ranked worse than
81.31% of 321 companies
in the Packaging & Containers industry
Industry Median: 5.78 vs SZSE:301355: 1.80

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

Fujian Nanwang Environment Protection Scien-Tech Co Interest Coverage Historical Data

The historical data trend for Fujian Nanwang Environment Protection Scien-Tech 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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Fujian Nanwang Environment Protection Scien-Tech Co Interest Coverage Chart

Fujian Nanwang Environment Protection Scien-Tech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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657.46

22.46

24.64

18.16

3.44

Fujian Nanwang Environment Protection Scien-Tech Co Quarterly Data
	Dec19	Jun20	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															9.32	-	5.78	1.68	0.81

Competitive Comparison of Fujian Nanwang Environment Protection Scien-Tech Co's Interest Coverage

For the Packaging & Containers subindustry, Fujian Nanwang Environment Protection Scien-Tech 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.

Fujian Nanwang Environment Protection Scien-Tech Co's Interest Coverage Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Fujian Nanwang Environment Protection Scien-Tech Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fujian Nanwang Environment Protection Scien-Tech Co's Interest Coverage falls into.

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Fujian Nanwang Environment Protection Scien-Tech 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.

Fujian Nanwang Environment Protection Scien-Tech 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, Fujian Nanwang Environment Protection Scien-Tech Co's Interest Expense was ¥-11 Mil. Its Operating Income was ¥36 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥88 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	36.078	/	-10.5
	=	3.44

Fujian Nanwang Environment Protection Scien-Tech Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Fujian Nanwang Environment Protection Scien-Tech Co's Interest Expense was ¥-4 Mil. Its Operating Income was ¥3 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥92 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	2.927	/	-3.625
	=	0.81

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

Fujian Nanwang Environment Protection Scien-Tech Co (SZSE:301355) 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 .

Fujian Nanwang Environment Protection Scien-Tech Co Interest Coverage Related Terms

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Fujian Nanwang Environment Protection Scien-Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Fujian Nanwang Environment Protection Scien-Tech Co Ltd (SZSE:301355) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huidong Industrial Zone, Liaoyuan Village, Dongqiao Town, Hui'an County, Fujian, Quanzhou, CHN, 362141

Website

https://www.nwpak.com

Fujian Nanwang Environment Protection Scien-Tech Co Ltd is engaged in research and development, manufacture and sales of paper product packaging such as environmentally friendly paper bags and food packaging. Nanwang has set up a digital printing bag-making workshop and food packaging workshop, with more than 300 sets of main production equipment and nearly 100 sets (sets) of inspection and testing equipment, which can produce more than 1.4 billion high-quality environmentally friendly paper bags and 5.9 billion food packaging, so far the total production and operation area is about 200,000 square meters.

Fujian Nanwang Environment Protection Scien-Tech Co Headlines

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