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YTO International Express and Supply Chain Technology (YTO International Express and Supply Chain Technology) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is YTO International Express and Supply Chain Technology 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. YTO International Express and Supply Chain Technology's Operating Income for the six months ended in Dec. 2023 was $-0.9 Mil. YTO International Express and Supply Chain Technology's Interest Expense for the six months ended in Dec. 2023 was $-0.1 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. YTO International Express and Supply Chain Technology Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for YTO International Express and Supply Chain Technology's Interest Coverage or its related term are showing as below:

YTOEF' s Interest Coverage Range Over the Past 10 Years
Min: 4.35   Med: 21.07   Max: 80.46
Current: 50.24


YTOEF's Interest Coverage is ranked better than
88.44% of 813 companies
in the Transportation industry
Industry Median: 5.34 vs YTOEF: 50.24

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


YTO International Express and Supply Chain Technology Interest Coverage Historical Data

The historical data trend for YTO International Express and Supply Chain Technology'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.

YTO International Express and Supply Chain Technology Interest Coverage Chart

YTO International Express and Supply Chain Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.92 61.52 80.43 45.50 50.26

YTO International Express and Supply Chain Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 110.80 75.70 - 104.77 -

Competitive Comparison of YTO International Express and Supply Chain Technology's Interest Coverage

For the Integrated Freight & Logistics subindustry, YTO International Express and Supply Chain Technology'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.


YTO International Express and Supply Chain Technology's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, YTO International Express and Supply Chain Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where YTO International Express and Supply Chain Technology's Interest Coverage falls into.



YTO International Express and Supply Chain Technology 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.

YTO International Express and Supply Chain Technology'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, YTO International Express and Supply Chain Technology's Interest Expense was $-0.3 Mil. Its Operating Income was $13.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*13.117/-0.261
=50.26

YTO International Express and Supply Chain Technology's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, YTO International Express and Supply Chain Technology's Interest Expense was $-0.1 Mil. Its Operating Income was $-0.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.5 Mil.

YTO International Express and Supply Chain Technology did not have earnings to cover the interest expense.

* 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.


YTO International Express and Supply Chain Technology  (OTCPK:YTOEF) 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 .


YTO International Express and Supply Chain Technology Interest Coverage Related Terms

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YTO International Express and Supply Chain Technology (YTO International Express and Supply Chain Technology) Business Description

Traded in Other Exchanges
Address
39 Wang Kwong Road, Suite 2208, 22nd Floor, Office Tower, Skyline Tower, Kowloon Bay, Hong Kong, HKG
YTO International Express and Supply Chain Technology Ltd is an investment holding company. It is engaged in the provision of freight and logistics services and other related services. The company's operating segment includes Air freight; Ocean freight; Logistics; International express and parcel and Others. It generates maximum revenue from the Airfreight segment. The Airfreight segment is related to freight forwarding by air. Geographically, it derives a majority of its revenue from PRC.

YTO International Express and Supply Chain Technology (YTO International Express and Supply Chain Technology) Headlines

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