Hunan Valin Wire & Cable Co (SZSE:001208) Interest Expense : ¥-25 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Hunan Valin Wire & Cable Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hunan Valin Wire & Cable Co's interest expense for the three months ended in Dec. 2023 was ¥ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ¥-25 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. Hunan Valin Wire & Cable Co's Operating Income for the three months ended in Dec. 2023 was ¥ 19 Mil. Hunan Valin Wire & Cable Co's Interest Expense for the three months ended in Dec. 2023 was ¥ -7 Mil. Hunan Valin Wire & Cable Co's Interest Coverage for the quarter that ended in Dec. 2023 was 2.60. 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.

Hunan Valin Wire & Cable Co Interest Expense Historical Data

The historical data trend for Hunan Valin Wire & Cable 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.

Hunan Valin Wire & Cable Co Interest Expense Chart

Hunan Valin Wire & Cable Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-21.23

-18.41

-20.01

-23.07

-25.24

Hunan Valin Wire & Cable Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-6.14	-5.00	-6.62	-6.34	-7.28

Hunan Valin Wire & Cable 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-25 Mil.

Hunan Valin Wire & Cable Co (SZSE:001208) 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.

Hunan Valin Wire & Cable Co's Interest Expense for the three months ended in Dec. 2023 was ¥-7 Mil. Its Operating Income for the three months ended in Dec. 2023 was ¥19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ¥375 Mil.

Hunan Valin Wire & Cable Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	18.907	/	-7.28
	=	2.60

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

Hunan Valin Wire & Cable Co (SZSE:001208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Valin Wire & Cable Co Ltd (SZSE:001208) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 1, Jianshe South Road, High-tech Zone, Xiangtan, CHN, 411104

Website

https://www.hlxl.com

Hunan Valin Cable Co Ltd is a special special cable manufacturers, and its products are widely used in aerospace, weaponry, rail transit and high-speed locomotives, mining, new energy, engineering equipment, data communications and other fields.

Hunan Valin Wire & Cable Co (SZSE:001208) Headlines

No Headlines