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Rayitek Hi-Tech Film Co (SHSE:688323) Interest Expense : ¥-41.8 Mil (TTM As of Mar. 2025)


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What is Rayitek Hi-Tech Film Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rayitek Hi-Tech Film Co's interest expense for the three months ended in Mar. 2025 was ¥ -12.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-41.8 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. Rayitek Hi-Tech Film Co's Operating Income for the three months ended in Mar. 2025 was ¥ -5.0 Mil. Rayitek Hi-Tech Film Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -12.1 Mil. Rayitek Hi-Tech Film Co did not have earnings to cover the interest expense. 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.

Rayitek Hi-Tech Film Co Interest Expense Historical Data

The historical data trend for Rayitek Hi-Tech Film 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.

Rayitek Hi-Tech Film Co Interest Expense Chart

Rayitek Hi-Tech Film Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -9.31 -11.90 -14.57 -18.81 -38.22

Rayitek Hi-Tech Film 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 -8.52 -8.85 -9.60 -11.26 -12.05

Rayitek Hi-Tech Film 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 ¥-41.8 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.

Rayitek Hi-Tech Film Co  (SHSE:688323) 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.

Rayitek Hi-Tech Film Co's Interest Expense for the three months ended in Mar. 2025 was ¥-12.1 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥-5.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥949.6 Mil.

Rayitek Hi-Tech Film Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Rayitek Hi-Tech Film Co did not have earnings to cover the interest expense.

* 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.

Rayitek Hi-Tech Film Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rayitek Hi-Tech Film Co Ltd (SHSE:688323) » Definitions » Interest Expense
Comparable Companies
SZSE:300686 BJSE:920008 SHSE:688011 SZSE:300615 SHSE:688530 BJSE:833346 BJSE:835179 SZSE:002729 SZSE:301045 SHSE:688610 APH TPE:2317 TEL GLW TPE:2308 SZSE:002475 TSE:6981 JBL TSE:6762 SZSE:000725
Traded in Other Exchanges
N/A
Address
Huamei Industrial Park, Songgang Subdistrict Office, Baoan District, Shenzhen, CHN, 518105
Website
http://www.rayitek.com
Rayitek Hi-Tech Film Co Ltd is engaged in the research and development, production and sales of high-performance PI films. The main product series include thermal control series PI films, electronic series PI films, electrical series PI films, functional PI films and others which are widely used in flexible circuit boards, consumer electronics, high-speed rail transit, wind power generation, 5G communications, flexible displays, aerospace Aviation and other high-tech industries.
Executives
Xu Fei Core technical personnel
Yu Feng Director

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