Bescient Technologies Co (SHSE:688671) Interest Coverage : 0 (At Loss) (As of Mar. 2024)

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What is Bescient Technologies 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. Bescient Technologies Co's Operating Income for the three months ended in Mar. 2024 was ¥-5.6 Mil. Bescient Technologies Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.7 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 Bescient Technologies Co's Interest Coverage or its related term are showing as below:

SHSE:688671' s Interest Coverage Range Over the Past 10 Years
Min: 8.82 Med: 27.56 Max: 139.24
Current: 8.82

SHSE:688671's Interest Coverage is ranked worse than
58.9% of 2297 companies
in the Industrial Products industry
Industry Median: 13.68 vs SHSE:688671: 8.82

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

Bescient Technologies Co Interest Coverage Historical Data

The historical data trend for Bescient Technologies 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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Bescient Technologies Co Interest Coverage Chart

Bescient Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

16.49

27.56

79.83

139.24

24.80

Bescient Technologies Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial							64.77	121.65	-	20.95	-

Competitive Comparison of Bescient Technologies Co's Interest Coverage

For the Pollution & Treatment Controls subindustry, Bescient Technologies 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.

Bescient Technologies Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bescient Technologies Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bescient Technologies Co's Interest Coverage falls into.

Bescient Technologies 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.

Bescient Technologies 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, Bescient Technologies Co's Interest Expense was ¥-1.1 Mil. Its Operating Income was ¥26.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥10.2 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	26.885	/	-1.084
	=	24.80

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

Here, for the three months ended in Mar. 2024, Bescient Technologies Co's Interest Expense was ¥-0.7 Mil. Its Operating Income was ¥-5.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥9.5 Mil.

Bescient Technologies Co did not have earnings to cover the interest expense.

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

Bescient Technologies Co (SHSE:688671) 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 .

Bescient Technologies Co Interest Coverage Related Terms

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Bescient Technologies Co (SHSE:688671) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bescient Technologies Co Ltd (SHSE:688671) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

Liuxian 3rd Road, Xin'an Street, Room 301, Building 2, Runheng Industrial Zone, No. 1, Xingdong, Bao'an, Guangdong, Shenzhen, CHN, 518101

Website

http://www.bx-tec.com

Bescient Technologies Co Ltd is a national high-tech backbone enterprise engaged in the development of environmental automatic monitoring. It has always focused on the independent research and development of scientific instruments and big data and is committed to building multi-industry intelligent applications and services that perceive and interconnect all things, and provide strong technical support for the construction of the national ecological environment, water conservancy and public safety. Its main business involves research and development, production and technical services in the fields of intelligent environmental monitoring equipment, environmental monitoring Internet of Things and ecological environment big data, smart water affairs, digital agriculture, and public security.

Executives

He Yuan Ping

Director

Bescient Technologies Co (SHSE:688671) Headlines

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