Want Want China Holdings (Want Want China Holdings) Interest Coverage : 15.56 (As of Sep. 2023)

Want Want China Holdings Interest Coverage Chart

Want Want China Holdings Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Interest Coverage		Get a 7-Day Free Trial					16.30	15.24	26.04	32.21	20.66

Want Want China Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Coverage	Get a 7-Day Free Trial															31.95	32.49	25.97	17.91	15.56

Competitive Comparison of Want Want China Holdings's Interest Coverage

For the Packaged Foods subindustry, Want Want China Holdings'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.

Want Want China Holdings's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Want Want China Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Want Want China Holdings's Interest Coverage falls into.

Want Want China Holdings 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Want Want China Holdings's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Want Want China Holdings's Interest Expense was $-32 Mil. Its Operating Income was $665 Mil. And its Long-Term Debt & Capital Lease Obligation was $318 Mil.

Want Want China Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Want Want China Holdings's Interest Expense was $-20 Mil. Its Operating Income was $318 Mil. And its Long-Term Debt & Capital Lease Obligation was $254 Mil.

* 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.

Want Want China Holdings  (OTCPK:WWNTY) 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 .

Want Want China Holdings Interest Coverage Related Terms

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Want Want China Holdings (Want Want China Holdings) Business Description