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Yunhong International (Yunhong International) Interest Coverage : No Debt (1) (As of Jun. 2021)


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What is Yunhong International 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. Yunhong International's Operating Income for the three months ended in Jun. 2021 was $-0.33 Mil. Yunhong International's Interest Expense for the three months ended in Jun. 2021 was $0.00 Mil. Yunhong International 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 Yunhong International's Interest Coverage or its related term are showing as below:

ZGYHU' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


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

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


Yunhong International Interest Coverage Historical Data

The historical data trend for Yunhong International'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.

Yunhong International Interest Coverage Chart

Yunhong International Annual Data
Trend Jun19 Jun20 Jun21
Interest Coverage
No Debt No Debt No Debt

Yunhong International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Yunhong International's Interest Coverage

For the Shell Companies subindustry, Yunhong International'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.


Yunhong International's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Yunhong International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Yunhong International's Interest Coverage falls into.



Yunhong International 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.

Yunhong International's Interest Coverage for the fiscal year that ended in Jun. 2021 is calculated as

Here, for the fiscal year that ended in Jun. 2021, Yunhong International's Interest Expense was $0.00 Mil. Its Operating Income was $-1.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Yunhong International had no debt (1).

Yunhong International's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Here, for the three months ended in Jun. 2021, Yunhong International's Interest Expense was $0.00 Mil. Its Operating Income was $-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Yunhong International 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.


Yunhong International  (NAS:ZGYHU) 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 .


Yunhong International Interest Coverage Related Terms

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


Yunhong International (Yunhong International) Business Description

Traded in Other Exchanges
N/A
Address
126 Zhong Bei, 4-19th Floor, Wuchang District, Wuhan, CHN, 430061
Website
Yunhong International is a blank check company.
Executives
Wan Zhang director WUHANOPTICSVALLEY BIOTECHACCELERATOR 3.1, 388 GAOXIN SECOND RD. DONGHU NEW DIST, WUHAN CITY, HUBEI PROVINCE F4 430040
Baibing Li director 4 19/F 126 ZHONG BEI, WUHAN F4 430061
Yubao Li director, 10 percent owner 4 19/F, 126 ZHONG BEI, WUCHANG DISTRICT F4 430061
Hudson Bay Capital Management Lp 10 percent owner 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber 10 percent owner C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Lf International Pte. Ltd. director, 10 percent owner 4 19/F, 126 ZHONG BEI, WUCHANG DISTRICT F4 430061
Andrey Novikov officer: CFO 19355 BUSINESS CENTER DRIVE , #9, NORTHRIDG CA 91324
Patrick Francis Orlando officer: CEO 212 E 48TH STREET - PHB, NEW YORK NY 10017
Hao Yang director 4 19/F, 126 ZHONG BEI, WUCHANG DISTRICT F4 430061
Seydou Bouda director 4 19/F, 126 ZHONG BEI, WUCHANG DISTRICT F4 430061
Shao Biqin director 4 19/F, 126 ZHONG BEI, WUCHANG DISTRICT F4 430061