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Hangzhou Coco Healthcare Products Co (SZSE:301009) Interest Expense : ¥-1 Mil (TTM As of Mar. 2024)


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What is Hangzhou Coco Healthcare Products Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hangzhou Coco Healthcare Products 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. Hangzhou Coco Healthcare Products Co's Operating Income for the three months ended in Mar. 2024 was ¥ 16 Mil. Hangzhou Coco Healthcare Products Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Hangzhou Coco Healthcare Products Co's Interest Coverage for the quarter that ended in Mar. 2024 was 92.79. 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.

Hangzhou Coco Healthcare Products Co Interest Expense Historical Data

The historical data trend for Hangzhou Coco Healthcare Products 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.

Hangzhou Coco Healthcare Products Co Interest Expense Chart

Hangzhou Coco Healthcare Products Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.89 -2.14 -0.96 -0.28 -0.65

Hangzhou Coco Healthcare Products Co Quarterly Data
Dec18 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 -0.06 -0.20 -0.22 -0.18 -0.17

Hangzhou Coco Healthcare Products 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.

* 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.

Hangzhou Coco Healthcare Products Co  (SZSE:301009) 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.

Hangzhou Coco Healthcare Products 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 ¥16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥11 Mil.

Hangzhou Coco Healthcare Products 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*16.053/-0.173
=92.79

* 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.

Hangzhou Coco Healthcare Products Co (SZSE:301009) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hangzhou Coco Healthcare Products Co Ltd (SZSE:301009) » Definitions » Interest Expense
Comparable Companies
SHSE:603630 SHSE:600439 SHSE:600249 SZSE:301108 SZSE:001206 SZSE:001218 SZSE:300132 SZSE:002094 SZSE:002571 SHSE:603059 PG XPAR:OR LSE:ULVR BOM:500696 CL LSE:RKT KMB EL KVUE XTER:BEI
Traded in Other Exchanges
N/A
Address
No. 2, Huaqiao Road, Jincheng Street, Lin'an District, Zhejiang Province, Hangzhou, CHN, 311300
Website
https://www.cocohealthcare.com
Hangzhou Reliable Care Products Co Ltd is engaged in the design, development, production and sales of disposable sanitary products.
Executives
Wu Zhi Wei Director

Hangzhou Coco Healthcare Products Co (SZSE:301009) Headlines

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