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Guangdong Tengen Industrial Group Co (SZSE:003003) Interest Expense : ¥-6 Mil (TTM As of Mar. 2024)


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What is Guangdong Tengen Industrial Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Tengen Industrial Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-6 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 Tengen Industrial Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 18 Mil. Guangdong Tengen Industrial Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -2 Mil. Guangdong Tengen Industrial Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 11.06. 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.

Guangdong Tengen Industrial Group Co Interest Expense Historical Data

The historical data trend for Guangdong Tengen Industrial Group 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 Tengen Industrial Group Co Interest Expense Chart

Guangdong Tengen Industrial Group 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 -0.09 -0.88 -5.07 -7.92 -5.34

Guangdong Tengen Industrial Group 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 -1.02 -1.96 -0.84 -1.52 -1.61

Guangdong Tengen Industrial Group 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 ¥-6 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 Tengen Industrial Group Co  (SZSE:003003) 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 Tengen Industrial Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0 Mil.

Guangdong Tengen Industrial Group 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*17.849/-1.614
=11.06

* 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 Tengen Industrial Group Co (SZSE:003003) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Guangdong Tengen Industrial Group Co Ltd (SZSE:003003) » Definitions » Interest Expense
Comparable Companies
SHSE:603022 SHSE:603499 SZSE:002836 SHSE:603021 SZSE:300849 SZSE:301198 SZSE:300955 SZSE:300883 SHSE:603615 SZSE:003018 BALL AVY PKG AMCR IP CCK WRK SZSE:002812 DUB:SK3 XSWX:SIGN
Traded in Other Exchanges
N/A
Address
No.172, Shangyuan Road, Songgang Industrial Zone, Qingxi Town, Guangdong Province, Dongguan, CHN, 523640
Website
http://www.gdtengen.com
Guangdong Tengen Industrial Group Co Ltd is engaged in production and sales of a full range of express logistics packaging printed materials such as waybills, document seals, express bags, and stickers. The company's products portfolio includes Express e-commerce supplies; Supermarket supplies; Anti-counterfeiting products; Cold chain products; standard product; Postal label; Composite bag; Raw materials; Office Supplies; Logistics equipment; and Advertising media.
Executives
Deng Chao Ran Director
Jia Qiang Director

Guangdong Tengen Industrial Group Co (SZSE:003003) Headlines

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