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JCET Group Co (SHSE:600584) Interest Expense : ¥-397 Mil (TTM As of Sep. 2024)


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What is JCET Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JCET Group Co's interest expense for the three months ended in Sep. 2024 was ¥ -106 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-397 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. JCET Group Co's Operating Income for the three months ended in Sep. 2024 was ¥ 597 Mil. JCET Group Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -106 Mil. JCET Group Co's Interest Coverage for the quarter that ended in Sep. 2024 was 5.65. 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.


JCET Group Co Interest Expense Historical Data

The historical data trend for JCET Group 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.

JCET Group Co Interest Expense Chart

JCET Group 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 -778.93 -569.72 -312.95 -207.59 -314.29

JCET Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -83.70 -99.43 -93.10 -98.42 -105.66

JCET Group 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-397 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.


JCET Group Co  (SHSE:600584) 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.

JCET Group Co's Interest Expense for the three months ended in Sep. 2024 was ¥-106 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥597 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥7,835 Mil.

JCET Group Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*597.254/-105.663
=5.65

* 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.


JCET Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 275, Binjiang Middle Road, Jiangsu Province, Jiangyin, CHN, 214431
JCET Group Co Ltd is engaged in providing packaging and testing of integrated circuits and discrete devices, as well as chip design and manufacturing of discrete devices; providing customers at home and abroad with a complete set of semiconductor packaging and testing solutions including packaging design, solder bumps, probes, assembly, testing, and distribution.

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