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Guangdong Kitech New Material Holding Co (SZSE:300995) Interest Expense : ¥-1.9 Mil (TTM As of Mar. 2025)


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What is Guangdong Kitech New Material Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Kitech New Material Holding Co's interest expense for the three months ended in Mar. 2025 was ¥ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-1.9 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. Guangdong Kitech New Material Holding Co's Operating Income for the three months ended in Mar. 2025 was ¥ 5.5 Mil. Guangdong Kitech New Material Holding Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -0.1 Mil. Guangdong Kitech New Material Holding Co's Interest Coverage for the quarter that ended in Mar. 2025 was 52.59. 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.

Guangdong Kitech New Material Holding Co Interest Expense Historical Data

The historical data trend for Guangdong Kitech New Material Holding 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.

Guangdong Kitech New Material Holding Co Interest Expense Chart

Guangdong Kitech New Material Holding Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -0.59 -0.25 -1.29 -0.90 -2.14

Guangdong Kitech New Material Holding 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 -0.31 -0.51 -0.66 -0.65 -0.10

Guangdong Kitech New Material Holding 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 ¥-1.9 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.

Guangdong Kitech New Material Holding Co  (SZSE:300995) 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.

Guangdong Kitech New Material Holding Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.1 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥5.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥42.1 Mil.

Guangdong Kitech New Material Holding 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*5.469/-0.104
=52.59

* 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.

Guangdong Kitech New Material Holding Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangdong Kitech New Material Holding Co Ltd (SZSE:300995) » Definitions » Interest Expense
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SHSE:688133 SHSE:600281 SHSE:603217 SHSE:600078 SHSE:688199 SHSE:688456 SZSE:300796 SHSE:603948 SHSE:688683 SZSE:300829 TSE:4063 XTER:BAS SAU:2010 DOW SHSE:600989 TSE:4091 SHSE:600346 SZSE:002493 XKRX:051910 SHSE:600160
Traded in Other Exchanges
N/A
Address
135 Dongsheng Road, Jianghai District, Guangdong Province, Jiangmen, CHN, 529000
Website
http://www.qide.cn
Guangdong Kitech New Material Holding Co Ltd research and development, design, production and sales of modified nylon and modified polypropylene based high-performance polymer composite materials and their products, precision injection molds, and related services.
Executives
Chen Yun Feng Directors, Directors, and Executives

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