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Yangzhou Yangjie Electronic Technology Co (SZSE:300373) Interest Coverage : N/A (As of Mar. 2024)


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What is Yangzhou Yangjie Electronic Technology 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. Yangzhou Yangjie Electronic Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥186 Mil. Yangzhou Yangjie Electronic Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥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 Yangzhou Yangjie Electronic Technology Co's Interest Coverage or its related term are showing as below:

SZSE:300373' s Interest Coverage Range Over the Past 10 Years
Min: 16.45   Med: 70.57   Max: 2181.86
Current: 16.45


SZSE:300373's Interest Coverage is ranked worse than
54.19% of 620 companies
in the Semiconductors industry
Industry Median: 20.52 vs SZSE:300373: 16.45

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


Yangzhou Yangjie Electronic Technology Co Interest Coverage Historical Data

The historical data trend for Yangzhou Yangjie Electronic Technology 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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Yangzhou Yangjie Electronic Technology Co Interest Coverage Chart

Yangzhou Yangjie Electronic Technology 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 39.17 67.61 83.25 73.53 25.35

Yangzhou Yangjie Electronic Technology 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 41.82 N/A N/A 3.40 N/A

Competitive Comparison of Yangzhou Yangjie Electronic Technology Co's Interest Coverage

For the Semiconductors subindustry, Yangzhou Yangjie Electronic Technology 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.


Yangzhou Yangjie Electronic Technology Co's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Yangzhou Yangjie Electronic Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Yangzhou Yangjie Electronic Technology Co's Interest Coverage falls into.



Yangzhou Yangjie Electronic Technology 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.

Yangzhou Yangjie Electronic Technology 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, Yangzhou Yangjie Electronic Technology Co's Interest Expense was ¥-31 Mil. Its Operating Income was ¥775 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥496 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*774.634/-30.561
=25.35

Yangzhou Yangjie Electronic Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Yangzhou Yangjie Electronic Technology Co's Interest Expense was ¥0 Mil. Its Operating Income was ¥186 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥506 Mil.

GuruFocus does not calculate Yangzhou Yangjie Electronic Technology Co'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.


Yangzhou Yangjie Electronic Technology Co  (SZSE:300373) 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 .


Yangzhou Yangjie Electronic Technology Co Interest Coverage Related Terms

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Yangzhou Yangjie Electronic Technology Co (SZSE:300373) Business Description

Traded in Other Exchanges
N/A
Address
No.6 West Heye Road, Yangzhou, CHN
Yangzhou Yangjie Electronic Technology Co Ltd is a semiconductor component manufacturing company. The company is engaged in manufacturing and selling device chips, power diode Rectifier Bridge and discrete semiconductor devices. Its main products include Bridge rectifier, Automobile Rectifier, General purpose rectifier, Fast Recovery Rectifier, Zener Diode, Solar diode and Schottry rectifier. These products are widely used in lighting, power supply, customer electronics, computer and peripheral equipment, electronic instruments and meters, communication, industrial and automatic control, automotive electronics and other fields. Geographically the operation of the group is carried out through China.

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