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Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Interest Expense : HK$-9.76 Mil (TTM As of Dec. 2023)


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What is Shanxi Changcheng Microlight Equipment Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanxi Changcheng Microlight Equipment Co's interest expense for the three months ended in Dec. 2023 was HK$ -4.19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-9.76 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. Shanxi Changcheng Microlight Equipment Co's Operating Income for the three months ended in Dec. 2023 was HK$ -9.56 Mil. Shanxi Changcheng Microlight Equipment Co's Interest Expense for the three months ended in Dec. 2023 was HK$ -4.19 Mil. Shanxi Changcheng Microlight Equipment Co did not have earnings to cover the interest expense. 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.


Shanxi Changcheng Microlight Equipment Co Interest Expense Historical Data

The historical data trend for Shanxi Changcheng Microlight Equipment 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.

Shanxi Changcheng Microlight Equipment Co Interest Expense Chart

Shanxi Changcheng Microlight Equipment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.23 -10.78 -10.29 -9.26 -9.77

Shanxi Changcheng Microlight Equipment Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.30 -0.98 -2.35 -2.25 -4.19

Shanxi Changcheng Microlight Equipment 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-9.76 Mil.

* 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.


Shanxi Changcheng Microlight Equipment Co  (HKSE:08286) Interest Expense Explanation

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. The higher, the better.

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

Shanxi Changcheng Microlight Equipment Co's Interest Expense for the three months ended in Dec. 2023 was HK$-4.19 Mil. Its Operating Income for the three months ended in Dec. 2023 was HK$-9.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was HK$64.56 Mil.

Shanxi Changcheng Microlight Equipment Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Shanxi Changcheng Microlight Equipment Co did not have earnings to cover the interest expense.

* 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.

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


Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Dianzi Street, Demonstration Zone, Shanxi Province, Taiyuan, CHN
Shanxi Changcheng Microlight Equipment Co Ltd is a China-based company engaged in the design, research, development, manufacture, and sale of image transmission fiber optic products. Image transmission fiber optics products manufactured by the company are image transmission devices containing a rigidly bundle of optical fibers arranged in an ordered fashion so that images can be transmitted from one end of the optical fiber bundle and displayed on the other end of the bundle. The company produces five main products, including fiber optic inverters, fiber optic straight plates, fiber optic face plates, fiber optic tapers and microchannel plates.

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