Goertek Inc.

Shenzhen Stock Exchange 002241.SZ

Goertek Inc. Interest Coverage Ratio for the year ending December 31, 2023: 2.68

Goertek Inc. Interest Coverage Ratio is 2.68 for the year ending December 31, 2023, a -56.37% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Goertek Inc. Interest Coverage Ratio for the year ending December 31, 2022 was 6.15, a -73.22% change year over year.
Goertek Inc. Interest Coverage Ratio for the year ending December 31, 2021 was 22.97, a 91.28% change year over year.
Goertek Inc. Interest Coverage Ratio for the year ending December 31, 2020 was 12.01, a 80.61% change year over year.
Goertek Inc. Interest Coverage Ratio for the year ending December 31, 2019 was 6.65, a 21.64% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Shenzhen Stock Exchange: 002241.SZ

Goertek Inc.

CEO	Mr. Li Youbo
IPO Date	May 15, 2008
Location	China
Headquarters	No. 268 Dongfang Road
Employees	81,370
Sector	Technology
Industries Hardware & Electronics

Description

Goertek Inc. researches, develops, produces, and sells electro-acoustic components, optical components, electronic accessories, and related products worldwide. The company offers smart wearable products, such as smart watches and bracelets; smart viewable products, including VR HMD and panorama cameras; smart viewable peripherals; smart audio products comprising ear and headphones; smart lamps; and smart robotics, voice-controlled speakers, and unmanned aerial vehicles. It also provides components consisting of sensors, microphones, speakers and receivers, loud speakers, linear vibration motors, antennas, and optical component modules, as well as game controllers and data gloves. Goertek Inc. was founded in 2001 and is headquartered in Weifang, the People's Republic of China.

Key trends

Past 5 years