Hongli Group

Hongli Group Interest Coverage

The Interest Coverage Ratio of Hongli Group (HLP) as of Oct 20, 2026 is -3.39. In the previous year, Interest Coverage Ratio was 1.59 — a change of -313.91% (lower).

Interest Coverage

-3.39

YoY

-313.91%

Last updated:

Interest Coverage Ratio of Hongli Group is 2024 -3.39 . Interest Coverage Ratio of Hongli Group was 2023 1.59 . It decreases by -313.91% lower compared to the previous year.

The Hongli Group Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2019
11.08 USD
Jan 1, 2020
6.67 USD
Jan 1, 2021
7.29 USD
Jan 1, 2022
12.17 USD
Jan 1, 2023
1.59 USD
Jan 1, 2024
-3.39 USD
The Hongli Group Interest Coverage history
YEARInterest CoverageYoY
-3.39-313.91%
1.59-86.96%
12.17+67.02%
7.29+9.19%
6.67-39.76%
11.08—

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Hongli Group Stock analysis

What does Hongli Group do? Hongli Group, Inc. generates revenue through the design, production, further processing, and sales of customized profiles for machinery and equipment via its subsidiaries. The company's products serve industries including mining and excavation, construction, agriculture, and transportation, with sales distributed across domestic and overseas markets. Its primary customers are businesses operating within these sectors that require specialized mechanical components for their equipment. The firm's business model relies on delivering tailored mechanical profiles to industrial clients, leveraging its subsidiaries to manage production and distribution. With a focus on customized solutions, Hongli Group targets companies needing precise components for machinery used in mining, construction, agriculture, and transportation applications. Hongli Group, Inc. operates as a holding company with subsidiaries handling the core operations of designing, manufacturing, and selling specialized profiles. The company's revenue streams are derived from the sale of these customized mechanical profiles to industrial clients across multiple sectors, both domestically and internationally. Hongli Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hongli Group stock

Interest Coverage Ratio of Hongli Group is -3.39 in 2024.

Interest Coverage Ratio of Hongli Group changed from 1.59 to -3.39, representing a -313.91% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Hongli Group 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 Hongli Group with sector peers and the industry average to assess whether it is attractive.

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Leverage — Hongli Group

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