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CIIT (Tianci International) Interest Coverage : No Debt (1) (As of Jan. 2025)


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What is Tianci 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. Tianci International's Operating Income for the three months ended in Jan. 2025 was $-0.11 Mil. Tianci International's Interest Expense for the three months ended in Jan. 2025 was $0.00 Mil. Tianci International has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Tianci International Inc has no debt.

(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 Tianci International's Interest Coverage or its related term are showing as below:

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


CIIT's Interest Coverage is ranked better than
99.56% of 1598 companies
in the Hardware industry
Industry Median: 13.145 vs CIIT: 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.


Tianci International Interest Coverage Historical Data

The historical data trend for Tianci 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.

Tianci International Interest Coverage Chart

Tianci International Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt N/A No Debt

Tianci International Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Tianci International's Interest Coverage

For the Electronics & Computer Distribution subindustry, Tianci 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.


Tianci International's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tianci International's Interest Coverage distribution charts can be found below:

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


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Tianci 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.

Tianci International's Interest Coverage for the fiscal year that ended in Jul. 2024 is calculated as

Here, for the fiscal year that ended in Jul. 2024, Tianci International's Interest Expense was $0.00 Mil. Its Operating Income was $0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Tianci International had no debt (1).

Tianci International's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Here, for the three months ended in Jan. 2025, Tianci International's Interest Expense was $0.00 Mil. Its Operating Income was $-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Tianci 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.


Tianci International  (NAS:CIIT) 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 .


Tianci International Interest Coverage Related Terms

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


Tianci International Business Description

Traded in Other Exchanges
N/A
Address
401 Ryland Street, Suite 200-A, Reno, NV, USA, 89502
Tianci International Inc along with its subsidiaries is engaged in sale of components of electronic devices, development of software and websites, technical consulting, and providing maintenance support on customized software. The company's business is predominantly carried out in Hong Kong with a substantial portion of its overall revenue being generated from its Electronic Device Hardware Components Sales segment.
Executives
Su Mei Chuah director, 10 percent owner, officer: CEO and President NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Weiyu Zhu director ROOM 1101, BLOCK 9A, TAOJINSHAN GARDEN, NO. 268 CUIYIN ROAD, LUOHU, SHENZHEN F4 518000
Yee Man Yung director C/O TIANCI INTERNATIONAL, INC., NO. 45-2, JALAN USJ 21/10, SUBANG JAYA, SELANGOR DARUL EHSAN N8 47640
Fan Liu director C/O TIANCI INTERNATIONAL, INC., NO. 45-2, JALAN USJ 21/10, SUBANG JAYA, SELANGOR DARUL EHSAN N8 47640
Shufang Gao director C/O TIANCI INTERNATIONAL. INC., NO. 45-2, JALAN USJ 21/10, SUBANG JAYA, SELANGOR DARUL EHSAN N8 47640
Wei Fang director C/O TIANCI INTERNATIONAL, INC., NO. 45-2, JALAN USJ 21/10, SUBANG JAYA, SELANGOR DARUL EHSAN N8 47640
Zhigang Pei director, 10 percent owner, officer: CEO and CFO C/O TIANCI INTERNATIONAL, INC., NO. A1111, HUAFENG FINANCIAL PORT, 1003,, SHENZHEN, GUANGDONG PROVINCE F4 47640
Jerry Ooi director NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Su Chen Chuah director, 10 percent owner, officer: Chief Financial Officer NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Yuen Kai Yeow director, officer: Chief Technology Officer NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Cuilian Cai director, officer: Director CEO & CFO #503, BUILDING 10, TAIHU NEW CITY, SUZHOU F4 214071
Shifang Wan 10 percent owner UNIT 5, NO.2 WEST STREET SHIPU TOWN, LIU'AN, ANHUI F4 237000
Jan Paul Vorstermans 10 percent owner LONDENSTRAAT 60 BUS 161, ANTWERP C9 B-2000
Brendon Peter Grunewald 10 percent owner AVE DES CATTLEYAS 47, BRUSSELS C9 B-1150
Ventus Investment Holding Ltd 10 percent owner 43A/1, ST. PAUL'S BUILDING, WEST STREET, VALLETTA?VLT1532 O1 00000