Novoray

Novoray Interest Coverage

The Interest Coverage Ratio of Novoray (688300.SS) as of Oct 10, 2026 is 14.17. In the previous year, Interest Coverage Ratio was 12.28 — a change of 15.37% (higher).

Interest Coverage

14.17

YoY

15.37%

Last updated:

Interest Coverage Ratio of Novoray is 2024 14.17 . Interest Coverage Ratio of Novoray was 2023 12.28 . It decreases by 15.37% higher compared to the previous year.

The Novoray Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
52.60 CNY
Jan 1, 2018
33.95 CNY
Jan 1, 2019
122.28 CNY
Jan 1, 2020
7.94 CNY
Jan 1, 2021
16.30 CNY
Jan 1, 2022
12.48 CNY
Jan 1, 2023
12.28 CNY
Jan 1, 2024
14.17 CNY
The Novoray Interest Coverage history
YEARInterest CoverageYoY
14.17+15.37%
12.28-1.53%
12.48-23.46%
16.30+105.23%
7.94-93.51%
122.28+260.21%
33.95-35.46%
52.60+190.46%
18.11+147.24%
7.32+40.60%
5.21—
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Novoray Stock analysis

What does Novoray do? Novoray is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Novoray stock

Interest Coverage Ratio of Novoray is 14.17 in 2024.

Interest Coverage Ratio of Novoray changed from 12.28 to 14.17, representing a 15.37% change. The value is higher than the previous year.

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

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