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EC Precision Technology (Jiangsu) (BJSE:836221) Interest Expense : ¥-0.7 Mil (TTM As of Mar. 2025)


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What is EC Precision Technology (Jiangsu) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EC Precision Technology (Jiangsu)'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 ¥-0.7 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. EC Precision Technology (Jiangsu)'s Operating Income for the three months ended in Mar. 2025 was ¥ 17.6 Mil. EC Precision Technology (Jiangsu)'s Interest Expense for the three months ended in Mar. 2025 was ¥ -0.1 Mil. EC Precision Technology (Jiangsu)'s Interest Coverage for the quarter that ended in Mar. 2025 was 128.61. 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.


EC Precision Technology (Jiangsu) Interest Expense Historical Data

The historical data trend for EC Precision Technology (Jiangsu)'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.

EC Precision Technology (Jiangsu) Interest Expense Chart

EC Precision Technology (Jiangsu) 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 -0.84 -1.35 -1.96 -1.87 -0.88

EC Precision Technology (Jiangsu) 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 -0.30 -0.18 -0.22 -0.18 -0.14

EC Precision Technology (Jiangsu) 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 ¥-0.7 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.


EC Precision Technology (Jiangsu)  (BJSE:836221) 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.

EC Precision Technology (Jiangsu)'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 ¥17.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥0.0 Mil.

EC Precision Technology (Jiangsu)'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*17.619/-0.137
=128.61

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. EC Precision Technology (Jiangsu) Corp has enough cash to cover all of its debt. Its financial situation is stable.


EC Precision Technology (Jiangsu) Business Description

Traded in Other Exchanges
N/A
Address
No. 1018, Taiping North Road, Chongchuan District, Jiangsu Province, Nantong, CHN, 226006
EC Precision Technology (Jiangsu) Corp is engaged in the research and development, production and sales of automotive precision metal parts.

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