Anhui Jiaxian Functional Auxiliary Co (BJSE:430489) Interest Expense : ¥-6.3 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Anhui Jiaxian Functional Auxiliary Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anhui Jiaxian Functional Auxiliary Co's interest expense for the three months ended in Mar. 2024 was ¥ -1.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-6.3 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Anhui Jiaxian Functional Auxiliary Co's Operating Income for the three months ended in Mar. 2024 was ¥ 13.6 Mil. Anhui Jiaxian Functional Auxiliary Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1.9 Mil. Anhui Jiaxian Functional Auxiliary Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.14. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Anhui Jiaxian Functional Auxiliary Co Interest Expense Historical Data

The historical data trend for Anhui Jiaxian Functional Auxiliary Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Anhui Jiaxian Functional Auxiliary Co Interest Expense Chart

Anhui Jiaxian Functional Auxiliary Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.59

-0.38

-5.59

-6.61

-6.77

Anhui Jiaxian Functional Auxiliary Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.60	-1.65	-1.46	-1.27	-1.91

Anhui Jiaxian Functional Auxiliary Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-6.3 Mil.

Anhui Jiaxian Functional Auxiliary Co (BJSE:430489) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Anhui Jiaxian Functional Auxiliary Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1.9 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥13.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥195.7 Mil.

Anhui Jiaxian Functional Auxiliary Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	13.608	/	-1.906
	=	7.14

The higher the ratio, the stronger the company's financial strength is.

Anhui Jiaxian Functional Auxiliary Co (BJSE:430489) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Anhui Jiaxian Functional Auxiliary Co Ltd (BJSE:430489) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 280, Yinhu Road, Mohekou Fine Chemical Industry Park, Huaishang District, Anhui Province, Bengbu City, CHN

Website

http://www.jiaxianchem.com

Anhui Jiaxian Functional Auxiliary Co Ltd engages in the production and sales of new environment-friendly and non-toxic PVC auxiliary heat stabilizers. The company's main products include dibenzoyl methane, stearyl benzoyl methane and stearate, which are widely used in various fields of PVC products, such as PVC profiles, PVC pipe fittings, wires and cables, injection molding products, food packaging, medical products, toys.

Anhui Jiaxian Functional Auxiliary Co (BJSE:430489) Headlines

No Headlines