GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » J-Long Group Ltd (NAS:JL) » Definitions » Interest Expense

J-Long Group (J-Long Group) Interest Expense : $ Mil (TTM As of Mar. 2023)


View and export this data going back to 2024. Start your Free Trial

What is J-Long Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. J-Long Group's interest expense for the six months ended in Mar. 2023 was $ -0.14 Mil. J-Long Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2023.

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. J-Long Group's Operating Income for the six months ended in Mar. 2023 was $ 6.23 Mil. J-Long Group's Interest Expense for the six months ended in Mar. 2023 was $ -0.14 Mil. J-Long Group's Interest Coverage for the quarter that ended in Mar. 2023 was 45.83. 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.


J-Long Group Interest Expense Historical Data

The historical data trend for J-Long Group'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.

J-Long Group Interest Expense Chart

J-Long Group Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-0.04 -0.08 -0.14

J-Long Group Semi-Annual Data
Mar21 Mar22 Mar23
Interest Expense -0.04 -0.08 -0.14

J-Long Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


J-Long Group  (NAS:JL) 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.

J-Long Group's Interest Expense for the six months ended in Mar. 2023 was $-0.14 Mil. Its Operating Income for the six months ended in Mar. 2023 was $6.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was $2.10 Mil.

J-Long Group's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*6.233/-0.136
=45.83

* 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.


J-Long Group (J-Long Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
32-40 Wang Lung Street, Flat F, 8th Floor, Houston Industrial Building, Tsuen Wan New Territories, Hong Kong, HKG
J-Long Group Ltd is an established distributor in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers and drawcords. It also offers a wide range of apparel solution services to cater to its customers' needs for reflective and non-reflective garment trims, ranging from market trend analysis, product design and development and production to quality control.

J-Long Group (J-Long Group) Headlines