Innovation New Material Technology Co

Innovation New Material Technology Co Interest Coverage

The Interest Coverage Ratio of Innovation New Material Technology Co (600361.SS) as of Nov 1, 2026 is 3.26. In the previous year, Interest Coverage Ratio was 4.49 — a change of -27.35% (lower).

Interest Coverage

3.26

YoY

-27.35%

Last updated:

Interest Coverage Ratio of Innovation New Material Technology Co is 2024 3.26 . Interest Coverage Ratio of Innovation New Material Technology Co was 2023 4.49 . It decreases by -27.35% lower compared to the previous year.

The Innovation New Material Technology Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
4.20 CNY
Jan 1, 2018
1.92 CNY
Jan 1, 2019
23.54 CNY
Jan 1, 2020
8.27 CNY
Jan 1, 2021
4.44 CNY
Jan 1, 2022
6.56 CNY
Jan 1, 2023
4.49 CNY
Jan 1, 2024
3.26 CNY
The Innovation New Material Technology Co Interest Coverage history
YEARInterest CoverageYoY
3.26-27.35%
4.49-31.62%
6.56+47.76%
4.44-46.30%
8.27-64.86%
23.54+1,127.96%
1.92-54.41%
4.20-168.77%
-6.11+1,201.80%
-0.47-308.69%
0.23—

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Innovation New Material Technology Co Stock analysis

What does Innovation New Material Technology Co do? Innovation New Material Technology Co Ltd operates supermarkets, innovation centers, malls, and department stores in Beijing, China. The company, listed on 29 November 2001, employs 9,829 people and focuses on retail within the Consumer Staples sector. Its products include high-end aluminum alloy rods, profiles, structural parts, strip foil, aluminum rods, and cables, used in 3C electronics, automotive lightweight applications, construction, and new energy sectors. Innovation New Material Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Innovation New Material Technology Co stock

Interest Coverage Ratio of Innovation New Material Technology Co is 3.26 in 2024.

Interest Coverage Ratio of Innovation New Material Technology Co changed from 4.49 to 3.26, representing a -27.35% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Innovation New Material Technology 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 Innovation New Material Technology Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Innovation New Material Technology Co

All Key Metrics — Innovation New Material Technology Co