Hangzhou Toka Ink Co

Hangzhou Toka Ink Co Interest Coverage

The Interest Coverage Ratio of Hangzhou Toka Ink Co (688571.SS) as of Nov 6, 2026 is 8.07. In the previous year, Interest Coverage Ratio was 6.87 — a change of 17.40% (higher).

Interest Coverage

8.07

YoY

17.40%

Last updated:

Interest Coverage Ratio of Hangzhou Toka Ink Co is 2024 8.07 . Interest Coverage Ratio of Hangzhou Toka Ink Co was 2023 6.87 . It decreases by 17.40% higher compared to the previous year.

The Hangzhou Toka Ink Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
14.71 CNY
Jan 1, 2018
10.75 CNY
Jan 1, 2019
14.78 CNY
Jan 1, 2020
20.92 CNY
Jan 1, 2021
6.75 CNY
Jan 1, 2022
3.99 CNY
Jan 1, 2023
6.87 CNY
Jan 1, 2024
8.07 CNY
The Hangzhou Toka Ink Co Interest Coverage history
YEARInterest CoverageYoY
8.07+17.40%
6.87+72.09%
3.99-40.79%
6.75-67.76%
20.92+41.57%
14.78+37.45%
10.75-26.92%
14.71—

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Hangzhou Toka Ink Co Stock analysis

What does Hangzhou Toka Ink Co do? Hangzhou Toka Ink Co Ltd generates revenue through the research, development, production, and sales of energy-saving and environmentally friendly ink products, digital materials, and functional materials. The company's product portfolio includes ultraviolet (UV) inks, offset inks, liquid inks, and digital inkjet inks, which are primarily sold to domestic markets for applications in food and beverage, pharmaceutical, cigarette, and daily chemical packaging, as well as publishing, commercial printing, advertising media, and advanced industrial manufacturing sectors. The firm focuses on supplying functional materials used across multiple industries, targeting businesses within China's domestic market. Its operations are centered around delivering sustainable ink solutions for packaging and printing industries. The company's revenue streams are derived from the domestic sales of its ink products and functional materials, with no mention of international markets or additional product lines beyond those specified. The firm's business model relies on the production and distribution of UV inks, offset inks, liquid inks, and digital inkjet inks to meet the demand for environmentally friendly printing solutions in various sectors. Hangzhou Toka Ink Co Ltd operates as a manufacturer and supplier within the Chinese chemical industry, focusing on the domestic market for its energy-saving and eco-friendly products. Hangzhou Toka Ink Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hangzhou Toka Ink Co stock

Interest Coverage Ratio of Hangzhou Toka Ink Co is 8.07 in 2024.

Interest Coverage Ratio of Hangzhou Toka Ink Co changed from 6.87 to 8.07, representing a 17.40% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Hangzhou Toka Ink Co since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Hangzhou Toka Ink Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Hangzhou Toka Ink Co

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