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Jiangsu Vibo Hydraulics Co (BJSE:871245) Interest Expense : ¥-0.7 Mil (TTM As of Mar. 2024)


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What is Jiangsu Vibo Hydraulics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangsu Vibo Hydraulics Co's interest expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. Jiangsu Vibo Hydraulics Co's Operating Income for the three months ended in Mar. 2024 was ¥ 7.0 Mil. Jiangsu Vibo Hydraulics Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. GuruFocus does not calculate Jiangsu Vibo Hydraulics Co's interest coverage with the available data. 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.

Jiangsu Vibo Hydraulics Co Interest Expense Historical Data

The historical data trend for Jiangsu Vibo Hydraulics 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.

Jiangsu Vibo Hydraulics Co Interest Expense Chart

Jiangsu Vibo Hydraulics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -4.03 -4.10 -1.11 -0.95 -1.00

Jiangsu Vibo Hydraulics Co Quarterly Data
Dec18 Jun19 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 -0.27 -0.12 -0.03 -0.56 -

Jiangsu Vibo Hydraulics 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 ¥-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.

Jiangsu Vibo Hydraulics Co  (BJSE:871245) 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.

Jiangsu Vibo Hydraulics Co's Interest Expense for the three months ended in Mar. 2024 was ¥0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥7.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.0 Mil.

Jiangsu Vibo Hydraulics Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Jiangsu Vibo Hydraulics Co's interest coverage with the available data.

* 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.

Jiangsu Vibo Hydraulics Co (BJSE:871245) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Vibo Hydraulics Co Ltd (BJSE:871245) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 113 Zhuhai East Road, Huaian Economic and Technological Development Zone, Jiangsu Province, Huaian City, CHN, 223005
Website
http://www.vibo-hydraulics.com
Jiangsu Vibo Hydraulics Co Ltd engages in the manufacture and sales of hydraulic components and hydraulic power units. Its product offerings comprise gear pumps, valves, motors, hydraulic power units, center manifolds, tanks, standard modular element serial, and accessories.

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