Lygend Resources & Technology Co

Lygend Resources & Technology Co Interest Coverage

The Interest Coverage Ratio of Lygend Resources & Technology Co (2245.HK) as of Nov 4, 2026 is 19.51. In the previous year, Interest Coverage Ratio was 8.04 — a change of 142.71% (higher).

Interest Coverage

19.51

YoY

142.71%

Last updated:

Interest Coverage Ratio of Lygend Resources & Technology Co is 2024 19.51 . Interest Coverage Ratio of Lygend Resources & Technology Co was 2023 8.04 . It decreases by 142.71% higher compared to the previous year.

The Lygend Resources & Technology Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2019
11.47 CNY
Jan 1, 2020
9.55 CNY
Jan 1, 2021
19.04 CNY
Jan 1, 2022
16.10 CNY
Jan 1, 2023
8.04 CNY
Jan 1, 2024
19.51 CNY
The Lygend Resources & Technology Co Interest Coverage history
YEARInterest CoverageYoY
19.51+142.71%
8.04-50.07%
16.10-15.43%
19.04+99.34%
9.55-16.75%
11.47—

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Lygend Resources & Technology Co Stock analysis

What does Lygend Resources & Technology Co do? Lygend Resources & Technology Co., Ltd. generates revenue through its three business segments. The Nickel Product Trading segment buys and sells laterite nickel ore, ferronickel, and nickel-cobalt compounds. The Nickel Product Production segment manufactures ferronickel and nickel-cobalt compounds for sale. The Equipment Manufacturing and Sale segment produces and sells nickel production equipment. Customers include businesses requiring nickel ore, ferronickel, nickel-cobalt compounds, and specialized equipment for nickel processing. The company's products are traded across the nickel industry chain, with the Nickel Product Trading segment handling raw material procurement and distribution. The Nickel Product Production segment focuses on converting raw materials into finished products like ferronickel and nickel-cobalt compounds. Equipment sales target industrial clients needing machinery for nickel extraction and processing. Revenue streams are derived from the sale of nickel-related commodities and equipment. The Nickel Product Trading segment earns from commodity trading margins, while the Nickel Product Production segment profits from manufacturing finished goods. The Equipment Manufacturing and Sale segment generates income through equipment sales to industrial users in the nickel sector. Lygend Resources & Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Lygend Resources & Technology Co stock

Interest Coverage Ratio of Lygend Resources & Technology Co is 19.51 in 2024.

Interest Coverage Ratio of Lygend Resources & Technology Co changed from 8.04 to 19.51, representing a 142.71% change. The value is higher than the previous year.

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

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Leverage — Lygend Resources & Technology Co

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