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Beijing Sunho Pharmaceutical Co (BJSE:430017) Interest Coverage : 355.20 (As of Mar. 2024)


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What is Beijing Sunho Pharmaceutical 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. Beijing Sunho Pharmaceutical Co's Operating Income for the three months ended in Mar. 2024 was ¥21.0 Mil. Beijing Sunho Pharmaceutical Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.1 Mil. Beijing Sunho Pharmaceutical Co's interest coverage for the quarter that ended in Mar. 2024 was 355.20. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Beijing Sunho Pharmaceutical Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Beijing Sunho Pharmaceutical Co's Interest Coverage or its related term are showing as below:

BJSE:430017' s Interest Coverage Range Over the Past 10 Years
Min: 40.03   Med: 329.46   Max: 5063.5
Current: 496.94


BJSE:430017's Interest Coverage is ranked better than
89.84% of 679 companies
in the Drug Manufacturers industry
Industry Median: 13.08 vs BJSE:430017: 496.94

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


Beijing Sunho Pharmaceutical Co Interest Coverage Historical Data

The historical data trend for Beijing Sunho Pharmaceutical 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.

Beijing Sunho Pharmaceutical Co Interest Coverage Chart

Beijing Sunho Pharmaceutical Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,065.29 212.76 96.51 163.39 5,063.50

Beijing Sunho Pharmaceutical Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 6,128.33 5,277.83 304.85 365.63 355.20

Competitive Comparison of Beijing Sunho Pharmaceutical Co's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, Beijing Sunho Pharmaceutical 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.


Beijing Sunho Pharmaceutical Co's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Beijing Sunho Pharmaceutical Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Beijing Sunho Pharmaceutical Co's Interest Coverage falls into.



Beijing Sunho Pharmaceutical 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.

Beijing Sunho Pharmaceutical Co's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Beijing Sunho Pharmaceutical Co's Interest Expense was ¥-0.0 Mil. Its Operating Income was ¥81.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*81.016/-0.016
=5,063.50

Beijing Sunho Pharmaceutical Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Beijing Sunho Pharmaceutical Co's Interest Expense was ¥-0.1 Mil. Its Operating Income was ¥21.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*20.957/-0.059
=355.20

* 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.


Beijing Sunho Pharmaceutical Co  (BJSE:430017) 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 .


Beijing Sunho Pharmaceutical Co Interest Coverage Related Terms

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Beijing Sunho Pharmaceutical Co (BJSE:430017) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Zhonghe Street, Beijing Economic and Technological Development Zone, Beijing, CHN, 100176
Beijing Sunho Pharmaceutical Co Ltd engages in the research and development, production, and sales of pharmaceutical preparations while providing CMC/CMO integrated services for pharmaceutical preparation manufacturers and innovative drug R&D enterprises. The company produces small-volume injections, freeze-dried powder injections, hard capsules, tablets, and other products.

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