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Triumph Science & Technology Co (SHSE:600552) Interest Expense : ¥-93 Mil (TTM As of Jun. 2024)


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What is Triumph Science & Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Triumph Science & Technology Co's interest expense for the three months ended in Jun. 2024 was ¥ -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-93 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. Triumph Science & Technology Co's Operating Income for the three months ended in Jun. 2024 was ¥ 72 Mil. Triumph Science & Technology Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -25 Mil. Triumph Science & Technology Co's Interest Coverage for the quarter that ended in Jun. 2024 was 2.87. 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.


Triumph Science & Technology Co Interest Expense Historical Data

The historical data trend for Triumph Science & Technology 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.

Triumph Science & Technology Co Interest Expense Chart

Triumph Science & Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -106.71 -117.76 -131.69 -122.46 -94.31

Triumph Science & Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -22.77 -30.44 -11.60 -26.06 -25.11

Triumph Science & Technology 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-93 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.


Triumph Science & Technology Co  (SHSE:600552) 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.

Triumph Science & Technology Co's Interest Expense for the three months ended in Jun. 2024 was ¥-25 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥72 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥1,447 Mil.

Triumph Science & Technology Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*72.135/-25.114
=2.87

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Triumph Science & Technology Co Ltd interest coverage is 2.78, which is low.


Triumph Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
8009 Huangshan Road, Gaoxin District, Anhui Province, Handan City, CHN, 233010
Triumph Science & Technology Co Ltd manufactures and sells glass & new materials. Its products include ITO conductive film glass, composite coated glass, float glass & glass deep-processing products.
Executives
Huang Xiao Ting Director
Ou Mu Lan senior management
Shu An Jun Director
Wang Yong He senior management
Zhang Shao Bo senior management
Ni Zhi Sen Director
Xia Ning Director
Sun Lei senior management
Li Jie Song Supervisors
Mao Ling Wen Director
Zhou Ming Supervisors
Lin Shan Supervisors
Yin Chuan Wei Director
Jie Zhang Qing Director
Chen Yong Supervisors

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