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Audiowell Electronics (Guangdong) Co (BJSE:832491) Interest Expense : ¥-1.8 Mil (TTM As of Mar. 2024)


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What is Audiowell Electronics (Guangdong) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Audiowell Electronics (Guangdong) Co's interest expense for the three months ended in Mar. 2024 was ¥ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1.8 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. Audiowell Electronics (Guangdong) Co's Operating Income for the three months ended in Mar. 2024 was ¥ 18.3 Mil. Audiowell Electronics (Guangdong) Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.4 Mil. Audiowell Electronics (Guangdong) Co's Interest Coverage for the quarter that ended in Mar. 2024 was 46.38. 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.

Audiowell Electronics (Guangdong) Co Interest Expense Historical Data

The historical data trend for Audiowell Electronics (Guangdong) 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.

Audiowell Electronics (Guangdong) Co Interest Expense Chart

Audiowell Electronics (Guangdong) 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 - -2.37 -4.31 -0.63 -1.38

Audiowell Electronics (Guangdong) Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 -0.01 -0.21 -0.44 -0.71 -0.39

Audiowell Electronics (Guangdong) 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 ¥-1.8 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.

Audiowell Electronics (Guangdong) Co  (BJSE:832491) 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.

Audiowell Electronics (Guangdong) Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥18.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥28.4 Mil.

Audiowell Electronics (Guangdong) 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*18.272/-0.394
=46.38

* 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.

Audiowell Electronics (Guangdong) Co (BJSE:832491) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Audiowell Electronics (Guangdong) Co Ltd (BJSE:832491) » Definitions » Interest Expense
Comparable Companies
BJSE:832149 SZSE:002289 SZSE:300069 SHSE:600083 SZSE:300626 SHSE:688655 SHSE:603133 BJSE:832978 SZSE:002199 SZSE:300242 APH TPE:2317 TEL TSE:6981 SZSE:002475 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
No. 4, 3rd Street, Yinping Road, Shatou Street, Panyu District, Guangdong Province, Guangzhou City, CHN, 511400
Website
https://www.audiowellsensor.com
Audiowell Electronics (Guangdong) Co Ltd engages in the research, design, production, and sales of intelligent sensors, actuators, and related applications. Its main products include distance-measuring sensors, flow sensors, pressure touch sensors and actuators, atomization transducers, and modules, and alarm sounders.

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