GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hebei Huijin Group Co Ltd (SZSE:300368) » Definitions » Interest Expense

Hebei Huijin Group Co (SZSE:300368) Interest Expense : ¥-99.2 Mil (TTM As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Hebei Huijin Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hebei Huijin Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -18.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-99.2 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 Huijin Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 5.4 Mil. Hebei Huijin Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -18.3 Mil. Hebei Huijin Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.30. 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 Huijin Group Co Interest Expense Historical Data

The historical data trend for Hebei Huijin 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.

Hebei Huijin Group Co Interest Expense Chart

Hebei Huijin 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 -16.22 -63.09 -124.01 -140.62 -98.17

Hebei Huijin 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 -17.31 -24.34 -24.96 -31.55 -18.35

Hebei Huijin 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 ¥-99.2 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 Huijin Group Co  (SZSE:300368) 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 Huijin Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-18.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥5.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.2 Mil.

Hebei Huijin 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*5.446/-18.346
=0.30

* 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 Huijin Group Co (SZSE:300368) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hebei Huijin Group Co Ltd (SZSE:300368) » Definitions » Interest Expense
Comparable Companies
SHSE:600592 SHSE:600605 SZSE:002026 SZSE:002535 SZSE:301128 SZSE:301151 SZSE:301028 SZSE:002943 SHSE:603757 SHSE:603173 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
No. 209 Xiangjiang Road, National Hi-Tech Industry Development Zone, Hebei Province, Shijiazhuang, CHN, 050035
Website
http://www.hjjs.com
Hebei Huijin Group Co Ltd formerly Hebei Huijin Electromechanical Co Ltd is a Chinese high-tech enterprise engaged in the research and development, production, sales, and service of financial equipment. The company offers Binding series products, Bundling series products, and Self-service products. Binding series products comprises ZD series high-intelligent binding machine and HJ series automatic binding machine. Bundling series products includes automatic banknote binding machine, which extends to the banknote plastic packaging, the banknote clearing line, and the robot banknote finishing center. The Self-service products cover printing machine, bill machine, and self-service system integration products.

Hebei Huijin Group Co (SZSE:300368) Headlines

No Headlines