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Suzhou Anjie Technology Co (SZSE:002635) Interest Expense : ¥-16 Mil (TTM As of Mar. 2024)


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What is Suzhou Anjie Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Suzhou Anjie Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-16 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. Suzhou Anjie Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 84 Mil. Suzhou Anjie Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -5 Mil. Suzhou Anjie Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 17.47. 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.

Suzhou Anjie Technology Co Interest Expense Historical Data

The historical data trend for Suzhou Anjie Technology 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.

Suzhou Anjie Technology Co Interest Expense Chart

Suzhou Anjie Technology 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 -3.97 -8.44 -12.54 -12.59 -14.09

Suzhou Anjie Technology 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 -3.39 -4.04 -3.70 -2.96 -4.83

Suzhou Anjie Technology 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 ¥-16 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.

Suzhou Anjie Technology Co  (SZSE:002635) 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.

Suzhou Anjie Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-5 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥84 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥55 Mil.

Suzhou Anjie Technology 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*84.271/-4.825
=17.47

* 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.

Suzhou Anjie Technology Co (SZSE:002635) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suzhou Anjie Technology Co Ltd (SZSE:002635) » Definitions » Interest Expense
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SHSE:600734 SZSE:300302 SHSE:688320 SHSE:600601 SZSE:001339 SZSE:002104 SZSE:300042 SZSE:002189 SHSE:688636 SZSE:002577 ANET DELL SZSE:002415 HPQ TPE:2382 TSE:7751 SHSE:688041 HKSE:00992 NTAP STX
Traded in Other Exchanges
N/A
Address
No. 8 Fujin Road, Guangfu Town, Wuzhong district, Jiangsu province, Suzhou, CHN, 215159
Website
http://www.anjiesz.com
Suzhou Anjie Technology Co Ltd is a China-based supplier of internal and external functional components for the consumer electronics industry. It contributes to providing the production and an overall solution for smartphones, tablets, laptops, AR/VR and smart home applications. The product portfolio of the company covers tapes, insulation, buffering, shading tapes, thermal products, conductive products, optical film, touch panel, cover glass, precision metal parts, and others.

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