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Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Interest Expense : ¥-66 Mil (TTM As of Mar. 2024)


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What is Qingdao Hiron Commercial Cold Chain Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Qingdao Hiron Commercial Cold Chain Co's interest expense for the three months ended in Mar. 2024 was ¥ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-66 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. Qingdao Hiron Commercial Cold Chain Co's Operating Income for the three months ended in Mar. 2024 was ¥ 141 Mil. Qingdao Hiron Commercial Cold Chain Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0 Mil. GuruFocus does not calculate Qingdao Hiron Commercial Cold Chain Co's interest coverage with the available data. 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.

Qingdao Hiron Commercial Cold Chain Co Interest Expense Historical Data

The historical data trend for Qingdao Hiron Commercial Cold Chain 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.

Qingdao Hiron Commercial Cold Chain Co Interest Expense Chart

Qingdao Hiron Commercial Cold Chain 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 -0.52 -12.76 -4.26 - -

Qingdao Hiron Commercial Cold Chain 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 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 - -8.26 - -57.72 -

Qingdao Hiron Commercial Cold Chain 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 ¥-66 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.

Qingdao Hiron Commercial Cold Chain Co  (SHSE:603187) 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.

Qingdao Hiron Commercial Cold Chain Co's Interest Expense for the three months ended in Mar. 2024 was ¥0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥141 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0 Mil.

Qingdao Hiron Commercial Cold Chain Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Qingdao Hiron Commercial Cold Chain Co's interest coverage with the available data.

* 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.

Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Hiron Commercial Cold Chain Co Ltd (SHSE:603187) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 1817, Yinzhushan Road, Huangdao District, Shandong, Qingdao, CHN, 266400
Website
http://www.chinahiron.com
Qingdao Hiron Commercial Cold Chain Co Ltd is engaged in research and development, production, sales and service of commercial cold chain equipment. The company has a wide range of product types, including horizontal curved door freezer display cabinets, horizontal flat door freezer display cabinets, vertical freezer display cabinets, vertical refrigerated display cabinets, horizontal flat door refrigerated display cabinets, island cabinets, and air curtains.
Executives
Wang Yan Rong Director
Wang Cun Jiang Director
Zhao Ding Yong Director
Ma Hong Kui Director
Zhao Qi Director

Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Headlines

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