Shanghai Milkground Food Tech Co

Shanghai Milkground Food Tech Co Interest Coverage

The Interest Coverage Ratio of Shanghai Milkground Food Tech Co (600882.SS) as of Oct 16, 2026 is 7.54. In the previous year, Interest Coverage Ratio was 26.50 — a change of -71.53% (lower).

Interest Coverage

7.54

YoY

-71.53%

Last updated:

Interest Coverage Ratio of Shanghai Milkground Food Tech Co is 2024 7.54 . Interest Coverage Ratio of Shanghai Milkground Food Tech Co was 2023 26.50 . It decreases by -71.53% lower compared to the previous year.

The Shanghai Milkground Food Tech Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-0.13 CNY
Jan 1, 2018
-0.12 CNY
Jan 1, 2019
2.93 CNY
Jan 1, 2020
8.37 CNY
Jan 1, 2021
4.25 CNY
Jan 1, 2022
2.88 CNY
Jan 1, 2023
26.50 CNY
Jan 1, 2024
7.54 CNY
The Shanghai Milkground Food Tech Co Interest Coverage history
YEARInterest CoverageYoY
7.54-71.53%
26.50+821.44%
2.88-32.39%
4.25-49.16%
8.37+185.36%
2.93-2,471.89%
-0.12-1.39%
-0.13-136.62%
0.34-100.11%
-301.17-614.04%
58.59—

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Shanghai Milkground Food Tech Co Stock analysis

What does Shanghai Milkground Food Tech Co do? Shanghai Milkground Food Tech Co Ltd is a company based in Shanghai, China, operating within the Consumer Staples sector and the Food Products industry. Founded in 1995, the company went public on December 6, 1995, with its stock listed on the Shanghai Stock Exchange under the ticker 600882.SS. The company's primary business involves the production of cheese and liquid milk, with key products including cheese slices, pure milk, and yogurt drinks. Shanghai Milkground Food Tech Co Ltd employs 3,034 full-time staff and serves markets across North China, Central China, and Southern China. The company maintains a corporate website at http://www.milkground.cn/, though specific details about its product range, market share, or financial performance are not provided in the available information. It is important to note that the company's operations are confined to mainland China, with no indication of international expansion or additional business segments beyond its core food production activities. The company's headquarters and primary operational base are located in Shanghai, reflecting its regional focus within the Chinese market. Shanghai Milkground Food Tech Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shanghai Milkground Food Tech Co stock

Interest Coverage Ratio of Shanghai Milkground Food Tech Co is 7.54 in 2024.

Interest Coverage Ratio of Shanghai Milkground Food Tech Co changed from 26.50 to 7.54, representing a -71.53% change. The value is lower than the previous year.

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

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Leverage — Shanghai Milkground Food Tech Co

All Key Metrics — Shanghai Milkground Food Tech Co