Jiangsu Ankura Intelligent Power Co (SZSE:300617) Interest Expense : ¥-8.0 Mil (TTM As of Mar. 2024)

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What is Jiangsu Ankura Intelligent Power Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangsu Ankura Intelligent Power Co's interest expense for the three months ended in Mar. 2024 was ¥ -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-8.0 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. Jiangsu Ankura Intelligent Power Co's Operating Income for the three months ended in Mar. 2024 was ¥ 73.6 Mil. Jiangsu Ankura Intelligent Power Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1.5 Mil. Jiangsu Ankura Intelligent Power Co's Interest Coverage for the quarter that ended in Mar. 2024 was 49.46. 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.

Jiangsu Ankura Intelligent Power Co Interest Expense Historical Data

The historical data trend for Jiangsu Ankura Intelligent 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.

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Jiangsu Ankura Intelligent Power Co Interest Expense Chart

Jiangsu Ankura Intelligent Power Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-4.73

-4.96

-5.76

-12.54

-10.28

Jiangsu Ankura Intelligent 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															-3.77	-3.13	-2.30	-1.08	-1.49

Jiangsu Ankura Intelligent 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 ¥-8.0 Mil.

Jiangsu Ankura Intelligent Power Co (SZSE:300617) 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.

Jiangsu Ankura Intelligent Power Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥73.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥18.0 Mil.

Jiangsu Ankura Intelligent 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	*	73.595	/	-1.488
	=	49.46

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

Jiangsu Ankura Intelligent Power Co (SZSE:300617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Ankura Intelligent Power Co Ltd (SZSE:300617) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 100 Tianmuhu Avenue, Tianmu Lake Industrial Park, Jiangsu Province, Liyang, CHN, 213333

Website

http://www.ankura.com.cn

Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd is a China based supplier of ultra-high voltage cable system solutions. It provides customers with connectors, laying materials, monitoring and control of intelligent equipment. In addition, the company also offers customers with the design, construction, and equipment comprehensive professional services including testing, operation and maintenance. The product categories of the company comprise Cable transmission system and GIL transmission system. Cable transmission system includes porcelain sleeve terminal, composite terminal, transformer terminal, and branch connector. GIL transmission system includes gas pipeline bus, GIL casing, and GIL monitoring system.

Executives

Chen Xiao Ming	Director
Wang Jian Ping	Executives
Wang Chun Mei	Executives
Zhao Bing Song	Directors, executives

Jiangsu Ankura Intelligent Power Co (SZSE:300617) Headlines

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