Sichuan Joyou Digital Technologies Co (SZSE:301172) Interest Coverage : N/A (As of Mar. 2024)

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What is Sichuan Joyou Digital 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. Sichuan Joyou Digital Technologies Co's Operating Income for the three months ended in Mar. 2024 was ¥0.0 Mil. Sichuan Joyou Digital Technologies Co's Interest Expense for the three months ended in Mar. 2024 was ¥0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sichuan Joyou Digital Technologies Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Sichuan Joyou Digital Technologies Co's Interest Coverage or its related term are showing as below:

SZSE:301172's Interest Coverage is not ranked ^*
in the Software industry.
Industry Median: 28.92
* 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.

Sichuan Joyou Digital Technologies Co Interest Coverage Historical Data

The historical data trend for Sichuan Joyou Digital 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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Sichuan Joyou Digital Technologies Co Interest Coverage Chart

Sichuan Joyou Digital Technologies Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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153.56

89.88

878.21

527.68

195.33

Sichuan Joyou Digital Technologies Co Quarterly Data
	Dec14	Dec16	Dec17	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial															-	478.24	N/A	-	N/A

Competitive Comparison of Sichuan Joyou Digital Technologies Co's Interest Coverage

For the Information Technology Services subindustry, Sichuan Joyou Digital 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.

Sichuan Joyou Digital Technologies Co's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Sichuan Joyou Digital Technologies Co's Interest Coverage distribution charts can be found below:

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

Sichuan Joyou Digital 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.

Sichuan Joyou Digital 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, Sichuan Joyou Digital Technologies Co's Interest Expense was ¥-0.5 Mil. Its Operating Income was ¥105.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1.5 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	105.282	/	-0.539
	=	195.33

Sichuan Joyou Digital 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, Sichuan Joyou Digital Technologies Co's Interest Expense was ¥0.0 Mil. Its Operating Income was ¥0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1.0 Mil.

GuruFocus does not calculate Sichuan Joyou Digital Technologies Co's interest coverage with the available data.

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

Sichuan Joyou Digital Technologies Co (SZSE:301172) 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 .

Sichuan Joyou Digital Technologies Co Interest Coverage Related Terms

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

Sichuan Joyou Digital Technologies Co (SZSE:301172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sichuan Joyou Digital Technologies Co Ltd (SZSE:301172) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 288, Tianfu 3rd Street, Chengdu High-tech Zone, No. 2-7, 12th Floor, 13th Floor, Building 1, China (Sichuan) Pilot Free Trade Zone, Chengdu, CHN, 610094

Website

http://www.joyoudigital.com

Sichuan Joyou Digital Technologies Co Ltd is a professional smart city comprehensive solution provider. Its main business is to provide products and services such as system integration services, operation and maintenance services, and self-developed product sales for customers in the smart city field. The company mainly adopts new-generation information application technologies such as the Internet of Things, cloud computing, big data, artificial intelligence, and BIM to provide customers with a smart city industry that integrates application software customization development and intelligent and information system integration services Comprehensive solutions.

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