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Shenzhen-ZhongRong Morgan Investment Holding Group Co (Shenzhen-ZhongRong Morgan Investment Holding Group Co) Interest Coverage

: No Debt (1) (As of Mar. 2017)
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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. Shenzhen-ZhongRong Morgan Investment Holding Group Co's Operating Income for the three months ended in Mar. 2017 was $0.00 Mil. Shenzhen-ZhongRong Morgan Investment Holding Group Co's Interest Expense for the three months ended in Mar. 2017 was $0.00 Mil. Shenzhen-ZhongRong Morgan Investment Holding Group Co 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 Shenzhen-ZhongRong Morgan Investment Holding Group Co's Interest Coverage or its related term are showing as below:


ZRMG's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co Interest Coverage Historical Data

The historical data trend for Shenzhen-ZhongRong Morgan Investment Holding Group 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.

* Premium members only.

Shenzhen-ZhongRong Morgan Investment Holding Group Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Premium Member Only No Debt No Debt No Debt No Debt No Debt

Shenzhen-ZhongRong Morgan Investment Holding Group Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison

For the Shell Companies subindustry, Shenzhen-ZhongRong Morgan Investment Holding Group 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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co Interest Coverage Distribution

For the Diversified Financial Services industry and Financial Services sector, Shenzhen-ZhongRong Morgan Investment Holding Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shenzhen-ZhongRong Morgan Investment Holding Group Co's Interest Coverage falls into.



Shenzhen-ZhongRong Morgan Investment Holding Group 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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Shenzhen-ZhongRong Morgan Investment Holding Group Co's Interest Expense was $0.00 Mil. Its Operating Income was $-0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Shenzhen-ZhongRong Morgan Investment Holding Group Co had no debt (1).

Shenzhen-ZhongRong Morgan Investment Holding Group Co's Interest Coverage for the quarter that ended in Mar. 2017 is calculated as

Here, for the three months ended in Mar. 2017, Shenzhen-ZhongRong Morgan Investment Holding Group Co's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Shenzhen-ZhongRong Morgan Investment Holding Group Co 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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co  (GREY:ZRMG) 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 .


Shenzhen-ZhongRong Morgan Investment Holding Group Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Shenzhen-ZhongRong Morgan Investment Holding Group Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen-ZhongRong Morgan Investment Holding Group Co (Shenzhen-ZhongRong Morgan Investment Holding Group Co) Business Description

Traded in Other Exchanges
N/A
Address
136-40 39th Avenue, Suite 6B, Garden Plaza, Flushing, NY, USA, 11354
Website
Shenzhen-ZhongRong Morgan Investment Holding Group Co Ltd is a shell company.

Shenzhen-ZhongRong Morgan Investment Holding Group Co (Shenzhen-ZhongRong Morgan Investment Holding Group Co) Headlines

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