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Cang Bao Tian Xia International Art Trade Center (Cang Bao Tian Xia International Art Trade Center) Interest Coverage : N/A (As of Dec. 2021)


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What is Cang Bao Tian Xia International Art Trade Center 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. Cang Bao Tian Xia International Art Trade Center's Operating Income for the three months ended in Dec. 2021 was $-3.60 Mil. Cang Bao Tian Xia International Art Trade Center's Interest Expense for the three months ended in Dec. 2021 was $0.00 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 Cang Bao Tian Xia International Art Trade Center's Interest Coverage or its related term are showing as below:


TXCB's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.78
* 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.


Cang Bao Tian Xia International Art Trade Center Interest Coverage Historical Data

The historical data trend for Cang Bao Tian Xia International Art Trade Center'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.

Cang Bao Tian Xia International Art Trade Center Interest Coverage Chart

Cang Bao Tian Xia International Art Trade Center Annual Data
Trend Dec05 Dec06 Jun07 Jun08 Jun09 Jun10 Jun18 Jun19 Jun20 Jun21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.30 No Debt No Debt No Debt N/A

Cang Bao Tian Xia International Art Trade Center Quarterly Data
Mar11 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 N/A N/A N/A N/A No Debt

Competitive Comparison of Cang Bao Tian Xia International Art Trade Center's Interest Coverage

For the Specialty Retail subindustry, Cang Bao Tian Xia International Art Trade Center'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.


Cang Bao Tian Xia International Art Trade Center's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cang Bao Tian Xia International Art Trade Center's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cang Bao Tian Xia International Art Trade Center's Interest Coverage falls into.



Cang Bao Tian Xia International Art Trade Center 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.

Cang Bao Tian Xia International Art Trade Center's Interest Coverage for the fiscal year that ended in Jun. 2021 is calculated as

Here, for the fiscal year that ended in Jun. 2021, Cang Bao Tian Xia International Art Trade Center's Interest Expense was $0.00 Mil. Its Operating Income was $-8.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.99 Mil.

GuruFocus does not calculate Cang Bao Tian Xia International Art Trade Center's interest coverage with the available data.

Cang Bao Tian Xia International Art Trade Center's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Here, for the three months ended in Dec. 2021, Cang Bao Tian Xia International Art Trade Center's Interest Expense was $0.00 Mil. Its Operating Income was $-3.60 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.42 Mil.

GuruFocus does not calculate Cang Bao Tian Xia International Art Trade Center'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.


Cang Bao Tian Xia International Art Trade Center  (OTCPK:TXCB) 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 .


Cang Bao Tian Xia International Art Trade Center Interest Coverage Related Terms

Thank you for viewing the detailed overview of Cang Bao Tian Xia International Art Trade Center's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Cang Bao Tian Xia International Art Trade Center (Cang Bao Tian Xia International Art Trade Center) Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Guoxing Avenue, Unit 609, Shengda Plaza, Meilan District, Hainan Province, Haikou, CHN, 570203
Cang Bao Tian Xia International Art Trade Center Inc is engaged in the manufacturing and distribution of gears, gearbox sand drive axles. These are marketed and sold to equipment manufacturers in China. Its products are used for making industrial, agricultural, and construction machinery, such as forklift trucks, excavators, tractors, and diesel engines.
Executives
Wei Wang 10 percent owner NO. 14, LANE 1, DONGXIAO CITY, CHONGWEN DISTRICT, BEIJING F4 0000000
Liang Tan director NO. 88 LANE 7171 SHENGIANG RD., PUDONG NEW DISTRICT, SHANGHAI F4 00000
Yaqin Fu 10 percent owner NO. 88 LANE 7171 SHENGIANG RD., PUDONG NEW DISTRICT, SHANGHAI F4 00000
Xingtao Zhou director, 10 percent owner, officer: CEO and CFO 5-1-1206 HEFENG JIANGAN, NIANQUING ROAD MEILAN DISTRICT, HAIKOU, HAINAN PROVINCE F4 00000
Ruihua International Ltd 10 percent owner PO BOX 83, DES PLAINES IL 60016
Jayhawk Capital Management Llc other: 13(d) group owning > 10% 13021 W 74TH ST, SHAWNEE KS 66216
Jayhawk Private Equity Gp, L.p. other: 13(d) group owning > 10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Co Invest Fund Lp other: 13(d) group owning > 10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Fund L P other: 13(d) group owning > 10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Kent C Mccarthy 10 percent owner, other: 13(d) group owning > 10% 930 TAHOE BLVD., 802-281, INCLINE VILLAGE NV 89451
Pinnacle China Fund, L.p. 10 percent owner 4965 PRESTON PARK BLVD., SUITE 240, PLANO TX 75093
Philip Widmann officer: Senior Vice President C/O USUNCO, 10510 HILLSBORO ROAD, SANTA ANA CA 92705
Jason Lu director, officer: Chief Executive Officer C/O USUNCO, 10510 HILLSBORO ROAD, SANTA ANA CA 92705
Ming He officer: Chief Financial Officer NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Haining Liu director C/O USUNCO, 10510 HILLSBORO ROAD, SANTA ANA CA 92705

Cang Bao Tian Xia International Art Trade Center (Cang Bao Tian Xia International Art Trade Center) Headlines

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