GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Harbin Dongan Auto Engine Co Ltd (SHSE:600178) » Definitions » Interest Expense

Harbin Dongan Auto Engine Co (SHSE:600178) Interest Expense : ¥-2 Mil (TTM As of Dec. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Harbin Dongan Auto Engine Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Harbin Dongan Auto Engine Co's interest expense for the three months ended in Dec. 2024 was ¥ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ¥-2 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. Harbin Dongan Auto Engine Co's Operating Income for the three months ended in Dec. 2024 was ¥ 27 Mil. Harbin Dongan Auto Engine Co's Interest Expense for the three months ended in Dec. 2024 was ¥ -8 Mil. Harbin Dongan Auto Engine Co's Interest Coverage for the quarter that ended in Dec. 2024 was 3.33. 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.


Harbin Dongan Auto Engine Co Interest Expense Historical Data

The historical data trend for Harbin Dongan Auto Engine 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.

Harbin Dongan Auto Engine Co Interest Expense Chart

Harbin Dongan Auto Engine Co 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 -8.31 -13.11 -1.24 -8.01 -4.17

Harbin Dongan Auto Engine Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -2.51 - - 5.76 -8.00

Harbin Dongan Auto Engine 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-2 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.


Harbin Dongan Auto Engine Co  (SHSE:600178) 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.

Harbin Dongan Auto Engine Co's Interest Expense for the three months ended in Dec. 2024 was ¥-8 Mil. Its Operating Income for the three months ended in Dec. 2024 was ¥27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ¥16 Mil.

Harbin Dongan Auto Engine Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*26.677/-8.001
=3.33

* 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.


Harbin Dongan Auto Engine Co Business Description

Traded in Other Exchanges
N/A
Address
13 High-tech Development Zone, Nangang District, Heilongjiang Province, Harbin, CHN, 150066
Harbin Dongan Auto Engine Co Ltd is a China-based company is mainly engaged in the production and distribution of mini-car engines, transmissions, parts, and casting products.
Executives
Wang Jiang Hua senior management
Chen Li Bao Director
Wang Fu Wei senior management
Yu Zhong Gui senior management
Jin Song Directors, senior managers
Li Xue Jun Directors, senior managers
Gong Yong Ming senior management
Gao Guan Zhong senior management
Liu Bo senior management
Sun Yan senior management
Li Gui Rong Director

Harbin Dongan Auto Engine Co Headlines

No Headlines