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Wolong Electric Group Co (SHSE:600580) Interest Expense : ¥-247 Mil (TTM As of Mar. 2025)


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What is Wolong Electric Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wolong Electric Group Co's interest expense for the three months ended in Mar. 2025 was ¥ -52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-247 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. Wolong Electric Group Co's Operating Income for the three months ended in Mar. 2025 was ¥ 348 Mil. Wolong Electric Group Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -52 Mil. Wolong Electric Group Co's Interest Coverage for the quarter that ended in Mar. 2025 was 6.72. 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.

Wolong Electric Group Co Interest Expense Historical Data

The historical data trend for Wolong Electric 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.

Wolong Electric Group Co Interest Expense Chart

Wolong Electric Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -297.40 -246.03 -275.02 -251.90 -248.85

Wolong Electric Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -53.94 -68.58 -52.66 -73.67 -51.75

Wolong Electric 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-247 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.

Wolong Electric Group Co  (SHSE:600580) 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.

Wolong Electric Group Co's Interest Expense for the three months ended in Mar. 2025 was ¥-52 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥348 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥2,198 Mil.

Wolong Electric Group Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*347.901/-51.752
=6.72

* 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.

Wolong Electric Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wolong Electric Group Co Ltd (SHSE:600580) » Definitions » Interest Expense
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SZSE:002130 SHSE:601567 SHSE:601179 SHSE:600517 SHSE:600885 SHSE:603606 BJSE:835185 SHSE:688777 SZSE:003021 SZSE:300001 SZSE:300750 XSWX:ABBN XKRX:373220 VRT TSE:6503 BKK:DELTA XPAR:LR BSP:WEGE3 SZSE:300124 HUBB
Traded in Other Exchanges
N/A
Address
No. 1801 Renmin West Road, Shangyu, Zhejiang, CHN, 312300
Website
http://www.wolong.com.cn
Wolong Electric Group Co Ltd is engaged in the development, manufacture and sales of motors, electronic-controlled devices, power transmission and transformation equipment, electro-mechanical and power products in China.
Executives
Zheng Yan Wen Director
Zhang Wen Gang Director
Zhang Hong Xin Director
Zhu Ya Juan Director
Wu Jian Bo Director
Li Ming Director
Wan Chuang Qi Director
Pang Xin Yuan Director
Wang Jian Qiao Director
Zheng Li Juan senior management
Liu Hong Qi Director
Ni Yu Tai senior management
Yan Wei Can senior management
Chen Ti Yin Supervisors
Qiu Yue Director

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