China Power Equipment (China Power Equipment) Interest Expense : $-0.01 Mil (TTM As of Sep. 2013)

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What is China Power Equipment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Power Equipment's interest expense for the three months ended in Sep. 2013 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2013 was $-0.01 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. China Power Equipment's Operating Income for the three months ended in Sep. 2013 was $ 1.95 Mil. China Power Equipment's Interest Expense for the three months ended in Sep. 2013 was $ 0.00 Mil. GuruFocus does not calculate China Power Equipment'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.

China Power Equipment Interest Expense Historical Data

The historical data trend for China Power Equipment'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.

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China Power Equipment Interest Expense Chart

China Power Equipment Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Interest Expense

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-0.19

-0.01

-0.02

China Power Equipment Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Interest Expense	Get a 7-Day Free Trial															-	-0.01	-	-	-

China Power Equipment 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 Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

China Power Equipment (OTCPK:CPQQ) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

China Power Equipment's Interest Expense for the three months ended in Sep. 2013 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2013 was $1.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2013 was $0.12 Mil.

China Power Equipment's Interest Coverage for the quarter that ended in Sep. 2013 is calculated as

GuruFocus does not calculate China Power Equipment's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

China Power Equipment (China Power Equipment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Power Equipment Inc (OTCPK:CPQQ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Yongle Industry Zone, Jingyang Industry Concentration Area, Xi’an, Shaanxi, CHN, 713702

Website

http://www.chinapower-equipment.com

China Power Equipment Inc designs, manufactures, and distributes amorphous alloy transformer cores and amorphous alloy distribution transformers in the Peoples Republic of China. Its devices are used to step down voltage at the final phase of the distribution of electricity to consumers, businesses, and industries. The Company offers its products to electricity generators and suppliers, suppliers of electrical equipment, and other electric power transformers manufacturers.

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