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Qingdao Sunsong Co (BJSE:831195) Interest Expense : ¥-23 Mil (TTM As of Mar. 2025)


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What is Qingdao Sunsong Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Qingdao Sunsong Co's interest expense for the three months ended in Mar. 2025 was ¥ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-23 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. Qingdao Sunsong Co's Operating Income for the three months ended in Mar. 2025 was ¥ 38 Mil. Qingdao Sunsong Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -6 Mil. Qingdao Sunsong Co's Interest Coverage for the quarter that ended in Mar. 2025 was 6.77. 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.


Qingdao Sunsong Co Interest Expense Historical Data

The historical data trend for Qingdao Sunsong 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.

Qingdao Sunsong Co Interest Expense Chart

Qingdao Sunsong 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 -5.60 -6.07 -12.68 -19.80 -22.99

Qingdao Sunsong Co Quarterly Data
Dec19 Jun20 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 -5.97 - -11.64 -5.60 -5.62

Qingdao Sunsong 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 ¥-23 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.


Qingdao Sunsong Co  (BJSE:831195) 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.

Qingdao Sunsong Co's Interest Expense for the three months ended in Mar. 2025 was ¥-6 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥65 Mil.

Qingdao Sunsong 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*38.009/-5.618
=6.77

* 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.


Qingdao Sunsong Co Business Description

Traded in Other Exchanges
N/A
Address
No. 995, Huantai North Road, Huangdao District, Wangtai Town, Shandong Province, Qingdao City, CHN, 266425
Qingdao Sunsong Co Ltd is a technology company that specialized in the research, development, production, sales, and service of auto rubber hoses. Its product portfolio comprises power steering hose assemblies, brake and clutch hose assemblies, transfer hose assemblies, Air conditioning hose assemblies, and hose and metal parts.

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