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Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Shaanxi Broadcast & TV Network Intermediary (Group) 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. Shaanxi Broadcast & TV Network Intermediary (Group) Co's Operating Income for the three months ended in Mar. 2024 was ¥-58 Mil. Shaanxi Broadcast & TV Network Intermediary (Group) Co's Interest Expense for the three months ended in Mar. 2024 was ¥-58 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 Shaanxi Broadcast & TV Network Intermediary (Group) Co's Interest Coverage or its related term are showing as below:


SHSE:600831's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.615
* 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.


Shaanxi Broadcast & TV Network Intermediary (Group) Co Interest Coverage Historical Data

The historical data trend for Shaanxi Broadcast & TV Network Intermediary (Group) 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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Shaanxi Broadcast & TV Network Intermediary (Group) Co Interest Coverage Chart

Shaanxi Broadcast & TV Network Intermediary (Group) 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 - 2.08 2.22 1.45 -

Shaanxi Broadcast & TV Network Intermediary (Group) 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 1.03 1.08 - - -

Competitive Comparison of Shaanxi Broadcast & TV Network Intermediary (Group) Co's Interest Coverage

For the Broadcasting subindustry, Shaanxi Broadcast & TV Network Intermediary (Group) 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.


Shaanxi Broadcast & TV Network Intermediary (Group) Co's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shaanxi Broadcast & TV Network Intermediary (Group) Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shaanxi Broadcast & TV Network Intermediary (Group) Co's Interest Coverage falls into.



Shaanxi Broadcast & TV Network Intermediary (Group) 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.

Shaanxi Broadcast & TV Network Intermediary (Group) 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, Shaanxi Broadcast & TV Network Intermediary (Group) Co's Interest Expense was ¥-248 Mil. Its Operating Income was ¥-223 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2,951 Mil.

Shaanxi Broadcast & TV Network Intermediary (Group) Co did not have earnings to cover the interest expense.

Shaanxi Broadcast & TV Network Intermediary (Group) Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Shaanxi Broadcast & TV Network Intermediary (Group) Co's Interest Expense was ¥-58 Mil. Its Operating Income was ¥-58 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥3,283 Mil.

Shaanxi Broadcast & TV Network Intermediary (Group) 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.


Shaanxi Broadcast & TV Network Intermediary (Group) Co  (SHSE:600831) 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 .


Shaanxi Broadcast & TV Network Intermediary (Group) Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Shaanxi Broadcast & TV Network Intermediary (Group) Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Business Description

Traded in Other Exchanges
N/A
Address
No. 15 Gaoxin 1st Road, New and High-Technology Development Zone, Xi'an, Shanxi, CHN, 710075
Shaanxi Broadcast & TV Network Intermediary (Group) Co Ltd is engaged in the provision of planning, construction, and operation and management of radio and television network in Shaanxi Province. The company provides digital and cable television services, high-definition interactive services, including basic channel broadcast services, channel broadcast subscription and information services, and video-on-demand services; and data services.
Executives
Han Pu Directors, senior managers
Fan Dong senior management
Li Wen Hua senior management
Li Wen senior management
Wang Li Qiang Director
Hu Xiao Lai senior management
Zhang Yan Bing senior management
Feng Hui Ming senior management
Ren Hui senior management
Xu Qi Huan senior management
Liu Jin Director
Xue Chao Hui senior management
Wang Zhang Yuan senior management
Fu Chen Ling senior management
Yan Zhao Xiang Director

Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Headlines

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