Shanghai Cooltech Power Co (SZSE:300153) Interest Expense : ¥-7 Mil (TTM As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Shanghai Cooltech Power Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Cooltech Power Co's interest expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-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. Shanghai Cooltech Power Co's Operating Income for the three months ended in Mar. 2024 was ¥ 12 Mil. Shanghai Cooltech Power Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Shanghai Cooltech Power Co's Interest Coverage for the quarter that ended in Mar. 2024 was 9.61. 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.

Shanghai Cooltech Power Co Interest Expense Historical Data

The historical data trend for Shanghai Cooltech Power 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.

Shanghai Cooltech Power Co Interest Expense Chart

Shanghai Cooltech Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-8.90

-7.57

-7.20

-8.10

-6.83

Shanghai Cooltech Power 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															-1.39	-1.72	-1.77	-1.95	-1.27

Shanghai Cooltech Power 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 ¥-7 Mil.

Shanghai Cooltech Power Co (SZSE:300153) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Shanghai Cooltech Power Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥80 Mil.

Shanghai Cooltech Power 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	*	12.218	/	-1.272
	=	9.61

The higher the ratio, the stronger the company's financial strength is.

Shanghai Cooltech Power Co (SZSE:300153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Cooltech Power Co Ltd (SZSE:300153) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 688 Songhua Road, Qingpu Industrial Zone, Shanghai, CHN, 201703

Website

http://www.cooltechsh.com

Shanghai Cooltech Power Co Ltd is a China-based company engaged in the development, design, manufacture, and distribution of intelligent environment-friendly power supply equipment. Its products include eco-friendly integrated generation sets, engineering and electronic information processing technology and other power station products.

Shanghai Cooltech Power Co (SZSE:300153) Headlines

No Headlines