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JD Logistics (HKSE:02618) Interest Coverage : N/A (As of Dec. 2023)


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What is JD Logistics 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. JD Logistics's Operating Income for the three months ended in Dec. 2023 was HK$0 Mil. JD Logistics's Interest Expense for the three months ended in Dec. 2023 was HK$0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for JD Logistics's Interest Coverage or its related term are showing as below:


HKSE:02618's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.5
* 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.


JD Logistics Interest Coverage Historical Data

The historical data trend for JD Logistics'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.

JD Logistics Interest Coverage Chart

JD Logistics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial - 2.65 - 0.52 1.53

JD Logistics Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt N/A N/A No Debt N/A

Competitive Comparison of JD Logistics's Interest Coverage

For the Integrated Freight & Logistics subindustry, JD Logistics'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.


JD Logistics's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JD Logistics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where JD Logistics's Interest Coverage falls into.



JD Logistics 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.

JD Logistics'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, JD Logistics's Interest Expense was HK$-1,124 Mil. Its Operating Income was HK$1,724 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$16,982 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1724.295/-1123.71
=1.53

JD Logistics's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, JD Logistics's Interest Expense was HK$0 Mil. Its Operating Income was HK$0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$16,982 Mil.

GuruFocus does not calculate JD Logistics's interest coverage with the available data.

* 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.


JD Logistics  (HKSE:02618) 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 .


JD Logistics Interest Coverage Related Terms

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JD Logistics (HKSE:02618) Business Description

Traded in Other Exchanges
Address
No. 20 Kechuang 11 Street, 8th Floor, Building B, Yizhuang Economic and Technological Development Zone, Daxing District, Beijing, CHN, 101111
JD Logistics Inc, owned by leading China e-commerce company JD.com, is a technology-driven supply chain solutions and logistics services provider in China. It offers a full spectrum of supply chain solutions and logistics services, ranging from warehousing to distribution, spanning across manufacturing to end-customers, covering regular and specialized items. JDL services include formulating and executing supply chain strategies. Customers come from a wide array of industries, such as fast-moving consumer goods; or FMCG, apparel; home appliances; home furniture; computers, consumer electronics, and communications, or 3C; automotive; and fresh produce, among others.

JD Logistics (HKSE:02618) Headlines

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