Acrel Co (SZSE:300286) Interest Expense : ¥-1 Mil (TTM As of Mar. 2024)

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What is Acrel Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acrel 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 ¥-1 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. Acrel Co's Operating Income for the three months ended in Mar. 2024 was ¥ 56 Mil. Acrel Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0 Mil. Acrel 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.

Acrel Co Interest Expense Historical Data

The historical data trend for Acrel 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.

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Acrel Co Interest Expense Chart

Acrel Co Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.16

-0.40

-0.71

Acrel 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															-	-0.39	-	-0.60	-

Acrel 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 ¥-1 Mil.

Acrel Co (SZSE:300286) 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.

Acrel 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 ¥56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0 Mil.

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

Acrel Co had no long-term debt ⁽¹⁾.

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

Good Sign:

Acrel Co Ltd has no debt.

Acrel Co (SZSE:300286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Acrel Co Ltd (SZSE:300286) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 253 Yulv Road, Jiading District, Shanghai, CHN, 201801

Website

http://www.acrel.cn

Acrel Co Ltd is engaged as an integrator for providing users with power data services. The products of the company include power monitoring systems and products, power management systems and products, electrical safety systems and production, and power sensor.

Executives

Zhu Fang	Directors, executives
Luo Ye Lan	Directors, Directors, and Executives
Fang Yan	Executives
Zong Shou Song	Directors, executives
Shi Wei	Securities Affairs Representative
Zhou Zhong	Directors, executives
Jiang Long	Executives
Tang Jian Jun	Supervisors
Wu Jian Ming	Supervisors
Liu Shou Bao	Supervisors

Acrel Co (SZSE:300286) Headlines

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