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Guangdong LingXiao Pump Industry Co (SZSE:002884) Interest Expense : ¥-67 Mil (TTM As of Mar. 2024)


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What is Guangdong LingXiao Pump Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong LingXiao Pump Industry 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 ¥-67 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. Guangdong LingXiao Pump Industry Co's Operating Income for the three months ended in Mar. 2024 was ¥ 97 Mil. Guangdong LingXiao Pump Industry Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0 Mil. Guangdong LingXiao Pump Industry Co has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Guangdong LingXiao Pump Industry Co Interest Expense Historical Data

The historical data trend for Guangdong LingXiao Pump Industry 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.

Guangdong LingXiao Pump Industry Co Interest Expense Chart

Guangdong LingXiao Pump Industry 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 -0.49 -0.44 -0.49 -0.48 -0.33

Guangdong LingXiao Pump Industry 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 - -11.47 - -55.20 -

Guangdong LingXiao Pump Industry 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 ¥-67 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.


Guangdong LingXiao Pump Industry Co  (SZSE:002884) 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.

Guangdong LingXiao Pump Industry 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 ¥97 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0 Mil.

Guangdong LingXiao Pump Industry Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Guangdong LingXiao Pump Industry Co had no long-term debt (1).

* 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.


Guangdong LingXiao Pump Industry Co (SZSE:002884) Business Description

Traded in Other Exchanges
N/A
Address
Spring Road, No. 117, Spring Town, Guangdong Province, Yangchun City, CHN, 529600
Guangdong LingXiao Pump Industry Co Ltd is a manufacturer of small household electric pump and industry support electric pump in China. The product range comprises hydromassage pump, swimming pool pump, SPA pump, stainless centrifugal pump, clean water pump, submersible pump, industry in-line pump, and variable frequency constant pressure water supply equipment. The company also exports its products to over 100 countries or regions worldwide.
Executives
Lu Feng Juan Executives
Wang Hai Bo Directors, executives
Qiu Yan Fei Securities Affairs Representative
Liu Zi Geng Secretary, Director
Chen Jia Chao Directors, executives
Li Guang Yong Directors, executives

Guangdong LingXiao Pump Industry Co (SZSE:002884) Headlines

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