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People.cn Co (SHSE:603000) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is People.cn Co 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. People.cn Co's Operating Income for the three months ended in Mar. 2024 was ¥-27 Mil. People.cn Co's Interest Expense for the three months ended in Mar. 2024 was ¥-2 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for People.cn Co's Interest Coverage or its related term are showing as below:

SHSE:603000' s Interest Coverage Range Over the Past 10 Years
Min: 16.06   Med: 358.96   Max: 19626.2
Current: 29.82


SHSE:603000's Interest Coverage is ranked better than
62.3% of 610 companies
in the Media - Diversified industry
Industry Median: 11.915 vs SHSE:603000: 29.82

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


People.cn Co Interest Coverage Historical Data

The historical data trend for People.cn 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.

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People.cn Co Interest Coverage Chart

People.cn Co 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 971.12 924.91 17.96 16.06 29.82

People.cn Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 16.19 8.98 149.35 -

Competitive Comparison of People.cn Co's Interest Coverage

For the Publishing subindustry, People.cn 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.


People.cn Co's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, People.cn Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where People.cn Co's Interest Coverage falls into.



People.cn 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.

People.cn Co'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, People.cn Co's Interest Expense was ¥-11 Mil. Its Operating Income was ¥315 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥96 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*315.131/-10.568
=29.82

People.cn Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, People.cn Co's Interest Expense was ¥-2 Mil. Its Operating Income was ¥-27 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥76 Mil.

People.cn Co 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.


People.cn Co  (SHSE:603000) 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 .


People.cn Co Interest Coverage Related Terms

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People.cn Co (SHSE:603000) Business Description

Traded in Other Exchanges
N/A
Address
No.2, Jintaixi Road, Chaoyang District, Beijing, CHN, 100026
People.cn Co Ltd is an online information exchange platform. The company primarily focuses on information business, internet advertisement, and mobile value-added business. The company through its online platform provides political news, economic news, society news, culture news, technology news, education news, and international news for global internet users. In addition, the company also develops and establishes local channels in approximately 31 provinces, municipalities, and autonomous regions.

People.cn Co (SHSE:603000) Headlines

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