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Xi an Actionpower Electric Co (SHSE:688719) Interest Expense : ¥-3.2 Mil (TTM As of Mar. 2024)


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What is Xi an Actionpower Electric Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xi an Actionpower Electric Co's interest expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-3.2 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. Xi an Actionpower Electric Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1.4 Mil. Xi an Actionpower Electric Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. GuruFocus does not calculate Xi an Actionpower Electric 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.


Xi an Actionpower Electric Co Interest Expense Historical Data

The historical data trend for Xi an Actionpower Electric 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.

Xi an Actionpower Electric Co Interest Expense Chart

Xi an Actionpower Electric Co Annual Data
Trend Dec12 Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -7.18 -8.24 -7.76 -6.78 -5.23

Xi an Actionpower Electric Co Quarterly Data
Dec12 Dec13 Dec14 Mar15 Dec19 Dec20 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 -1.20 -1.56 -1.65 - -

Xi an Actionpower Electric 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 ¥-3.2 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.


Xi an Actionpower Electric Co  (SHSE:688719) 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.

Xi an Actionpower Electric Co's Interest Expense for the three months ended in Mar. 2024 was ¥0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥6.0 Mil.

Xi an Actionpower Electric Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Xi an Actionpower Electric 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.


Xi an Actionpower Electric Co (SHSE:688719) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Information Avenue, New Industrial Park, High-tech Zone, Shaanxi, Xi'an, CHN, 710119
Xi an Actionpower Electric Co Ltd is engaged in research and development, production and sales of power electronic conversion and control equipment.

Xi an Actionpower Electric Co (SHSE:688719) Headlines

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