Sinotruk Jinan Truck Co (SZSE:000951) Interest Expense : ¥-9 Mil (TTM As of Mar. 2024)

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What is Sinotruk Jinan Truck Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sinotruk Jinan Truck 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 ¥-9 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. Sinotruk Jinan Truck Co's Operating Income for the three months ended in Mar. 2024 was ¥ 476 Mil. Sinotruk Jinan Truck Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Sinotruk Jinan Truck Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3,348.84. 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.

Sinotruk Jinan Truck Co Interest Expense Historical Data

The historical data trend for Sinotruk Jinan Truck 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.

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Sinotruk Jinan Truck Co Interest Expense Chart

Sinotruk Jinan Truck Co Annual Data

Trend

Dec14

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Dec22

Dec23

Interest Expense

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-190.65

-99.80

-55.56

-59.50

-13.50

Sinotruk Jinan Truck 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															-4.63	-6.15	-2.86	0.15	-0.14

Sinotruk Jinan Truck 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 ¥-9 Mil.

Sinotruk Jinan Truck Co (SZSE:000951) 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.

Sinotruk Jinan Truck 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 ¥476 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0 Mil.

Sinotruk Jinan Truck 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	*	475.535	/	-0.142
	=	3,348.84

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

Good Sign:

Sinotruk Jinan Truck Co Ltd has no debt.

Sinotruk Jinan Truck Co (SZSE:000951) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sinotruk Jinan Truck Co Ltd (SZSE:000951) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

South Head of Dangjiazhuang Town, Shizhong District, Shandong Province, Jinan, CHN, 250116

Website

http://www.cnhtc.com.cn

Sinotruk Jinan Truck Co Ltd formerly known as Cnhtc Jinan Truck Co Ltd is a China-based company operates in the heavy-duty truck industry. The business activity of the group includes research, development, manufacture, and sale of a variety of truck which includes special vehicles, military vehicles, private cars as well as engines and special chassis. Geographically operates through China and its products are made available in both Chinese and international market.

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