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Huangshan Novel Co (SZSE:002014) Interest Expense : ¥-17 Mil (TTM As of Mar. 2024)


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What is Huangshan Novel Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huangshan Novel Co's interest expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-17 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. Huangshan Novel Co's Operating Income for the three months ended in Mar. 2024 was ¥ 97 Mil. Huangshan Novel Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Huangshan Novel Co's Interest Coverage for the quarter that ended in Mar. 2024 was 71.16. 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.

Huangshan Novel Co Interest Expense Historical Data

The historical data trend for Huangshan Novel 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.

Huangshan Novel Co Interest Expense Chart

Huangshan Novel Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.59 -6.36 -8.21 -13.20 -18.45

Huangshan Novel 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 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 -2.87 -4.72 -3.81 -7.06 -1.37

Huangshan Novel 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 ¥-17 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.

Huangshan Novel Co  (SZSE:002014) 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.

Huangshan Novel Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥97 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥156 Mil.

Huangshan Novel 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*97.349/-1.368
=71.16

* 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.

Huangshan Novel Co (SZSE:002014) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Huangshan Novel Co Ltd (SZSE:002014) » Definitions » Interest Expense
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SHSE:601968 SZSE:002803 SHSE:601515 SZSE:002191 SZSE:002752 SZSE:002585 SZSE:002263 SZSE:002303 SZSE:002735 SZSE:002243 BALL AVY PKG AMCR WRK IP DUB:SK3 CCK TSX:CCL.A GPK
Traded in Other Exchanges
N/A
Address
No.188, Huizhou East Road, Huizhou District, Anhui Province, Huangshan, CHN, 245900
Website
http://www.novel.com.cn
Huangshan Novel Co Ltd is a China-based company manufactures and sells packaging materials. It specializes in plastic color-printing and laminating flexible packaging materials, vacuum metalized films and multi-functional films. Its products are used in foodstuff, daily chemicals, pharmaceutical, agrochemicals, electronics, building materials and other fields. Geographically, the company sells its product in Chinese and other international markets such as Europe, America, Mexico, Japan, the Middle East and Asia.

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