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Hwa Create (SZSE:300045) Interest Expense : ¥-2.7 Mil (TTM As of Mar. 2024)


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What is Hwa Create Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hwa Create's interest expense for the three months ended in Mar. 2024 was ¥ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-2.7 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. Hwa Create's Operating Income for the three months ended in Mar. 2024 was ¥ -0.4 Mil. Hwa Create's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.5 Mil. Hwa Create did not have earnings to cover the interest expense. 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.


Hwa Create Interest Expense Historical Data

The historical data trend for Hwa Create'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.

Hwa Create Interest Expense Chart

Hwa Create 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 -2.90 -7.81 -7.26 -4.69 -2.50

Hwa Create 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 -0.35 -0.37 -0.50 -1.28 -0.54

Hwa Create 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 ¥-2.7 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.


Hwa Create  (SZSE:300045) 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.

Hwa Create's Interest Expense for the three months ended in Mar. 2024 was ¥-0.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-0.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥5.1 Mil.

Hwa Create's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Hwa Create did not have earnings to cover the interest expense.

* 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.


Hwa Create (SZSE:300045) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Dongbeiwangxi Road, Chuangtong Technology Building, Building 18, Zhongguancun Software Park, Haidian District, Beijing, CHN, 100193
Hwa Create Corp is a China-based company engaged in the research and development, manufacturing, and sale of technologies and products of satellite navigation, radar and communication, navigation and communication antenna and embedded system. Its products are used in electromechanical industries of aviation, aerospace, ship and emulation training. The products of the company include Beidou satellite navigation chips, application modules, and their corresponding simulated test devices, designated antenna for satellite navigation, embedded modules and simulated test devices for radar and communication system, computer simulation and test platform for the electromechanical system, and computer simulation application development services.
Executives
Wang Wei Directors, executives
Wu Meng Bing Directors, executives
Xiong Yun Hong Director
Wang Qi Director
Zhang Hai Ying Independent director
Li Zong Li Director
Lu Jun Director
Chen Kang Executives
Liu Jie Hua Executives
Huang Jian Xin Executives
Fu Zheng Jun Executives
Huang Yu Bin Executives
Gao Xiao Li Directors, executives
Chen Yan Supervisors
Wang Ning Supervisors

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