Snowsky Salt Industry Group Co

Snowsky Salt Industry Group Co Interest Coverage

The Interest Coverage Ratio of Snowsky Salt Industry Group Co (600929.SS) as of Nov 3, 2026 is 124.11. In the previous year, Interest Coverage Ratio was 46.91 — a change of 164.55% (higher).

Interest Coverage

124.11

YoY

164.55%

Last updated:

Interest Coverage Ratio of Snowsky Salt Industry Group Co is 2024 124.11 . Interest Coverage Ratio of Snowsky Salt Industry Group Co was 2023 46.91 . It decreases by 164.55% higher compared to the previous year.

The Snowsky Salt Industry Group Co Interest Coverage history

  • 3 Years

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  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
7.40 CNY
Jan 1, 2018
12.58 CNY
Jan 1, 2019
18.11 CNY
Jan 1, 2020
24.18 CNY
Jan 1, 2021
88.37 CNY
Jan 1, 2022
65.08 CNY
Jan 1, 2023
46.91 CNY
Jan 1, 2024
124.11 CNY
The Snowsky Salt Industry Group Co Interest Coverage history
YEARInterest CoverageYoY
124.11+164.55%
46.91-27.92%
65.08-26.35%
88.37+265.52%
24.18+33.52%
18.11+43.98%
12.58+70.02%
7.40+36.57%
5.42-18.73%
6.66—

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Snowsky Salt Industry Group Co Stock analysis

What does Snowsky Salt Industry Group Co do? Snowsky Salt Industry Group Co Ltd, based in Changsha, China, operates in the Materials sector, specializing in Chemicals. The company engages in the research, production, and distribution of salt, industrial salt, and salt chemical products, including edible salt, soda ash, caustic soda, and ammonium chloride. With 5,927 employees, it serves industries such as food processing, textiles, and glass manufacturing. Listed on 26 March 2018, the firm is a key player in the salt and chemical supply chain. Snowsky Salt Industry Group Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Snowsky Salt Industry Group Co stock

Interest Coverage Ratio of Snowsky Salt Industry Group Co is 124.11 in 2024.

Interest Coverage Ratio of Snowsky Salt Industry Group Co changed from 46.91 to 124.11, representing a 164.55% change. The value is higher than the previous year.

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

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Leverage — Snowsky Salt Industry Group Co

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