GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Sund Technological Corp (SZSE:301548) » Definitions » Interest Coverage

Hunan Sund Technological (SZSE:301548) Interest Coverage : No Debt (1) (As of Mar. 2025)


View and export this data going back to 2023. Start your Free Trial

What is Hunan Sund Technological 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. Hunan Sund Technological's Operating Income for the three months ended in Mar. 2025 was ¥26.8 Mil. Hunan Sund Technological's Interest Expense for the three months ended in Mar. 2025 was ¥0.0 Mil. Hunan Sund Technological has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Hunan Sund Technological's Interest Coverage or its related term are showing as below:


SZSE:301548's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 15.66
* 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.


Hunan Sund Technological Interest Coverage Historical Data

The historical data trend for Hunan Sund Technological'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.

Hunan Sund Technological Interest Coverage Chart

Hunan Sund Technological Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 15.46 27.38 43.23 100.49 613.08

Hunan Sund Technological Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 14,432.00 - 6,230.67 - No Debt

Competitive Comparison of Hunan Sund Technological's Interest Coverage

For the Specialty Industrial Machinery subindustry, Hunan Sund Technological'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.


Hunan Sund Technological's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Sund Technological's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hunan Sund Technological's Interest Coverage falls into.


;
;

Hunan Sund Technological 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.

Hunan Sund Technological'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, Hunan Sund Technological's Interest Expense was ¥-0.2 Mil. Its Operating Income was ¥116.5 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*116.485/-0.19
=613.08

Hunan Sund Technological's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Hunan Sund Technological's Interest Expense was ¥0.0 Mil. Its Operating Income was ¥26.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.0 Mil.

Hunan Sund Technological had no debt (1).

* 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.


Hunan Sund Technological  (SZSE:301548) 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 .


Hunan Sund Technological Interest Coverage Related Terms

Thank you for viewing the detailed overview of Hunan Sund Technological's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Hunan Sund Technological Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Chayuan Road, High-tech Zone, Hunan, Xiangtan, CHN, 411102
Hunan Sund Technological Corp is engaged in research & development, design, production and sales of dynamic pressure oil film sliding bearings, sales of rolling bearings and related products, etc. It is a leading bearing supplier of bearing products and integral solutions for transmission systems.
Executives
Zhang Li Supervisors

Hunan Sund Technological Headlines

No Headlines