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Hebei Jianxin Chemical Industry Co (SZSE:300107) Interest Expense : ¥-0.2 Mil (TTM As of Mar. 2024)


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What is Hebei Jianxin Chemical Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hebei Jianxin Chemical Industry Co's interest expense for the three months ended in Mar. 2024 was ¥ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-0.2 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. Hebei Jianxin Chemical Industry Co's Operating Income for the three months ended in Mar. 2024 was ¥ 4.9 Mil. Hebei Jianxin Chemical Industry Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.0 Mil. Hebei Jianxin Chemical Industry Co's Interest Coverage for the quarter that ended in Mar. 2024 was 986.00. 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.

Hebei Jianxin Chemical Industry Co Interest Expense Historical Data

The historical data trend for Hebei Jianxin Chemical 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.

Hebei Jianxin Chemical Industry Co Interest Expense Chart

Hebei Jianxin Chemical 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 -0.31 -0.49 -0.55 -0.76 -0.22

Hebei Jianxin Chemical 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 - - -0.09 -0.12 -0.01

Hebei Jianxin Chemical 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 ¥-0.2 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.

Hebei Jianxin Chemical Industry Co  (SZSE:300107) 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.

Hebei Jianxin Chemical Industry Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥4.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.3 Mil.

Hebei Jianxin Chemical Industry 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*4.93/-0.005
=986.00

* 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.

Hebei Jianxin Chemical Industry Co (SZSE:300107) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hebei Jianxin Chemical Industry Co Ltd (SZSE:300107) » Definitions » Interest Expense
Comparable Companies
SHSE:688386 SZSE:300952 SZSE:002360 SZSE:300731 SHSE:605566 BJSE:834033 SHSE:603681 SHSE:603991 SZSE:301283 SZSE:002998 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
Number 8, Qingchi Street, Jianxin Building, Hebei, Cangzhou, CHN
Website
http://www.jianxinchemical.com
Hebei Jianxin Chemical Industry Co Ltd researches and develops, manufactures, and sells dyes intermediates. The company offers metanilic acid, aniline-2, 5-disulfonic acid monosodium salt, 3-diethyl amino phenol, m-aminophenol and Sulfanilic acid among others.
Executives
Zhu Xiu Quan Directors, executives
Wang Ji Wen Executives
Gao Hui Executives
Peng Jian Min Secretary Dong
Chen Xue Wei Directors, executives
Liu Qiang Securities Affairs Representative
Song Guo Min Executives
Wang Qiu Sheng Supervisors
Xu Guang Wu Directors, executives
Zhu Shou Chen Director
Ma Jian Directors, executives
Yao Jian Wen Executives
Sun Wei Zheng Supervisors
Zhu Shou Tao Director
Wang Yong Tao Securities Affairs Representative

Hebei Jianxin Chemical Industry Co (SZSE:300107) Headlines

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