ZheJiang RIFA Precision Machinery Co

ZheJiang RIFA Precision Machinery Co Interest Coverage

The Interest Coverage Ratio of ZheJiang RIFA Precision Machinery Co (002520.SZ) as of Oct 16, 2026 is -8.54. In the previous year, Interest Coverage Ratio was -29.37 — a change of -70.94% (higher).

Interest Coverage

-8.54

YoY

-70.94%

Last updated:

Interest Coverage Ratio of ZheJiang RIFA Precision Machinery Co is 2024 -8.54 . Interest Coverage Ratio of ZheJiang RIFA Precision Machinery Co was 2023 -29.37 . It decreases by -70.94% higher compared to the previous year.

The ZheJiang RIFA Precision Machinery Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
3.50 CNY
Jan 1, 2018
13.17 CNY
Jan 1, 2019
4.93 CNY
Jan 1, 2020
2.68 CNY
Jan 1, 2021
1.20 CNY
Jan 1, 2022
-21.93 CNY
Jan 1, 2023
-29.37 CNY
Jan 1, 2024
-8.54 CNY
The ZheJiang RIFA Precision Machinery Co Interest Coverage history
YEARInterest CoverageYoY
-8.54-70.94%
-29.37+33.94%
-21.93-1,932.54%
1.20-55.34%
2.68-45.70%
4.93-62.54%
13.17+276.24%
3.50-46.01%
6.48+6.63%
6.08-9.03%
6.68—

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ZheJiang RIFA Precision Machinery Co Stock analysis

What does ZheJiang RIFA Precision Machinery Co do? ZheJiang RIFA Precision Machinery Co Ltd is a Chinese company based in Shaoxing, operating within the Industrials sector and Machinery industry. The company has 1,270 employees and went public on December 10, 2010, with its ticker listed as 002520.SZ and ISIN CNE100000XJ8. It manufactures computer numerical control (CNC) machine tools, including CNC lathes, CNC grinding machines, vertical machining centers, horizontal machining centers, and gantry machining centers. The company distributes its products both domestically and internationally under the brand name RIFA. Its website is https://www.rifapm.com/. The company's primary focus is on the production and distribution of CNC machine tools, serving various industrial applications. It does not provide details on specific acquisitions, founding year, or additional product lines beyond those mentioned. The company's headquarters and operational base are located in Shaoxing, Zhejiang Province, China. It is engaged in the manufacturing and distribution of CNC machine tools, with a presence in both domestic and overseas markets. The company's activities are centered around the production of precision machinery for industrial use. ZheJiang RIFA Precision Machinery Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about ZheJiang RIFA Precision Machinery Co stock

Interest Coverage Ratio of ZheJiang RIFA Precision Machinery Co is -8.54 in 2024.

Interest Coverage Ratio of ZheJiang RIFA Precision Machinery Co changed from -29.37 to -8.54, representing a -70.94% change. The value is higher than the previous year.

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

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Leverage — ZheJiang RIFA Precision Machinery Co

Debt-to-EquityNet Debt / EBITDAInterest CoverageCurrent RatioQuick RatioCash RatioDebt / AssetsFinancial LeverageEquity RatioLT Debt/EquityNet Debt/EquityDebt/EBITDADSCRFinancial Debt RatioOCF/DebtFCF/DebtNet Debt/FCFDebt/Market Cap

All Key Metrics — ZheJiang RIFA Precision Machinery Co