BGRIMM Technology Co (SHSE:600980) Interest Expense : ¥-1 Mil (TTM As of Dec. 2024)

View and export this data going back to 2004. Start your Free Trial

What is BGRIMM Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BGRIMM Technology Co's interest expense for the three months ended in Dec. 2024 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ¥-1 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. BGRIMM Technology Co's Operating Income for the three months ended in Dec. 2024 was ¥ 49 Mil. BGRIMM Technology Co's Interest Expense for the three months ended in Dec. 2024 was ¥ -0 Mil. BGRIMM Technology Co's Interest Coverage for the quarter that ended in Dec. 2024 was 164.62. 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.

BGRIMM Technology Co Interest Expense Historical Data

The historical data trend for BGRIMM 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.

BGRIMM Technology Co Interest Expense Chart

BGRIMM Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-0.39

-0.81

-0.66

-0.48

-0.86

BGRIMM Technology 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															-0.10	-0.08	-0.20	-0.29	-0.30

BGRIMM 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1 Mil.

BGRIMM Technology Co (SHSE:600980) 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.

BGRIMM Technology Co's Interest Expense for the three months ended in Dec. 2024 was ¥-0 Mil. Its Operating Income for the three months ended in Dec. 2024 was ¥49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ¥53 Mil.

BGRIMM Technology 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	*	48.728	/	-0.296
	=	164.62

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. BGRIMM Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

BGRIMM Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BGRIMM Technology Co Ltd (SHSE:600980) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 188, South Fourth Ring Road West, 4th Floor, Building 23, Area 18, Fengtai District, Beijing, CHN, 100160

Website

http://www.magmat.com

BGRIMM Technology Co Ltd, formerly BGRIMM Magnetic Materials & Technology Co Ltd is a China-based company. Its business activities are divided into mining equipment and magnetic materials division. Mining equipment division is engaged in research and development, production, and supporting technical consulting services for mining equipment. Its business scope includes flotation equipment, magnetic separation equipment, ore dressing auxiliary equipment, leaching tanks and other mining and smelting products. Magnetic materials division is engaged in the research and development, production, sales and comprehensive services of magnetic materials and devices. Magnetic material products include sintering permanent magnet ferrite, injection magnetic, and magnetic information recording material.

Executives

Sheng Zhong Yi	Director
Lu Shi Jie	senior management
Ran Hong Xiang	senior management
Liu Yong Zhen	Director
Luo Xiu Jian	Director
Li Bing Shan	Director
Liang Dian Yin	Director
Li Hong Fa	senior management

BGRIMM Technology Co Headlines

No Headlines