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Kelin Environmental Protection Equipment (SZSE:002499) Interest Coverage : 0 (At Loss) (As of Sep. 2022)


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What is Kelin Environmental Protection Equipment 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. Kelin Environmental Protection Equipment's Operating Income for the three months ended in Sep. 2022 was ¥-3.7 Mil. Kelin Environmental Protection Equipment's Interest Expense for the three months ended in Sep. 2022 was ¥-5.4 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 Kelin Environmental Protection Equipment's Interest Coverage or its related term are showing as below:


SZSE:002499's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 15.65
* 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.


Kelin Environmental Protection Equipment Interest Coverage Historical Data

The historical data trend for Kelin Environmental Protection Equipment'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.

Kelin Environmental Protection Equipment Interest Coverage Chart

Kelin Environmental Protection Equipment Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 - - - -

Kelin Environmental Protection Equipment Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - -

Competitive Comparison of Kelin Environmental Protection Equipment's Interest Coverage

For the Pollution & Treatment Controls subindustry, Kelin Environmental Protection Equipment'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.


Kelin Environmental Protection Equipment's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kelin Environmental Protection Equipment's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kelin Environmental Protection Equipment's Interest Coverage falls into.


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Kelin Environmental Protection Equipment 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.

Kelin Environmental Protection Equipment's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Kelin Environmental Protection Equipment's Interest Expense was ¥-26.3 Mil. Its Operating Income was ¥-21.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥6.5 Mil.

Kelin Environmental Protection Equipment did not have earnings to cover the interest expense.

Kelin Environmental Protection Equipment's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Kelin Environmental Protection Equipment's Interest Expense was ¥-5.4 Mil. Its Operating Income was ¥-3.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥6.5 Mil.

Kelin Environmental Protection Equipment 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.


Kelin Environmental Protection Equipment  (SZSE:002499) 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 .


Kelin Environmental Protection Equipment Interest Coverage Related Terms

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Kelin Environmental Protection Equipment Business Description

Traded in Other Exchanges
N/A
Address
Address: No. 8 Jiaotong Road, Bache District, Songling town, Wujiang city, Jiangsu Province, CHN, 215222
Kelin Environmental Protection Equipment Inc manufactures and sells environmental protection equipment in China. It is a supplier of flue gas purification and treatment solution integrating environmental engineering system design, bag filter, desulfurization and denitrification product design, manufacture, and sales service in the field of air pollution control. The company's products include Bag Filter; Bag and Electrical filter; Cyclone and Furnace shell.
Executives
Wu Hong Guang Director
Deng Bu Li Director
Li Ceng Min Directors, executives
Zhou Xing Xiang Supervisors
Chen Guo Zhong Directors, executives
Xu Tian Ping Directors, executives
Zhang Gen Rong Director
Song Qi Di Director
Wu Jian Xin Executives
Wu Shan Gan Independent director
Zhou He Rong Executives
Chen An Qi Director
Shi Huan Zhang Supervisors

Kelin Environmental Protection Equipment Headlines

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