Yunda Holding Co (SZSE:002120) Interest Coverage : 7.34 (As of Mar. 2024)

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What is Yunda Holding 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. Yunda Holding Co's Operating Income for the three months ended in Mar. 2024 was ¥681 Mil. Yunda Holding Co's Interest Expense for the three months ended in Mar. 2024 was ¥-93 Mil. Yunda Holding Co's interest coverage for the quarter that ended in Mar. 2024 was 7.34. The higher the ratio, the stronger the company's financial strength is.

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

SZSE:002120' s Interest Coverage Range Over the Past 10 Years
Min: 6.19 Med: 50.65 Max: 3834.2
Current: 6.42

SZSE:002120's Interest Coverage is ranked better than
54.58% of 819 companies
in the Transportation industry
Industry Median: 5.5 vs SZSE:002120: 6.42

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

Yunda Holding Co Interest Coverage Historical Data

The historical data trend for Yunda Holding 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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Yunda Holding Co Interest Coverage Chart

Yunda Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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84.58

12.68

6.57

6.19

6.21

Yunda Holding 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															6.41	8.16	4.63	5.61	7.34

Competitive Comparison of Yunda Holding Co's Interest Coverage

For the Integrated Freight & Logistics subindustry, Yunda Holding 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.

Yunda Holding Co's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yunda Holding Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Yunda Holding Co's Interest Coverage falls into.

Yunda Holding 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.

Yunda Holding 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, Yunda Holding Co's Interest Expense was ¥-404 Mil. Its Operating Income was ¥2,509 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥7,972 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	2508.558	/	-404.141
	=	6.21

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

Here, for the three months ended in Mar. 2024, Yunda Holding Co's Interest Expense was ¥-93 Mil. Its Operating Income was ¥681 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥7,763 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	680.555	/	-92.709
	=	7.34

The higher the ratio, the stronger the company's Financial Strength is.

Yunda Holding Co (SZSE:002120) 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 .

Yunda Holding Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Yunda Holding Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Yunda Holding Co (SZSE:002120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Yunda Holding Co Ltd (SZSE:002120) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8 South Yongqing Road, Chongshou Town, Cixi, Ningbo, CHN, 315300

Website

http://www.yundaex.com

Yunda is one of the "Tongdas", which refers to the top four national express delivery companies that adopt the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to its network partners for fees, while its local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect the customer payments. Unlike some other peers, Yunda controls 100% of its hub-level transit centers, ensuring higher quality assurance. The company was founded by couple Nie Tengyun and Chen Liying. Nie remains the Chairman and President, with a 54.8% stake as of Sept. 30, 2023. Yunda's strategic shareholder is leading China e-commerce company, Alibaba Group, with around a 1.99% interest.

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