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Joeone Co (SHSE:601566) Interest Expense : ¥-16 Mil (TTM As of Mar. 2024)


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What is Joeone Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Joeone Co's interest expense for the three months ended in Mar. 2024 was ¥ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-16 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. Joeone Co's Operating Income for the three months ended in Mar. 2024 was ¥ 279 Mil. Joeone Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -5 Mil. Joeone Co's Interest Coverage for the quarter that ended in Mar. 2024 was 58.45. 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.


Joeone Co Interest Expense Historical Data

The historical data trend for Joeone 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.

Joeone Co Interest Expense Chart

Joeone 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 -17.17 -0.72 -23.37 -23.45 -15.57

Joeone Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -4.06 -4.78 -4.21 -2.52 -4.77

Joeone 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-16 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.


Joeone Co  (SHSE:601566) 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.

Joeone Co's Interest Expense for the three months ended in Mar. 2024 was ¥-5 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥279 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥339 Mil.

Joeone Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*278.761/-4.769
=58.45

* 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.


Joeone Co (SHSE:601566) Business Description

Traded in Other Exchanges
N/A
Address
JOEONE Industrial Park, Fujian Quanzhou, Economic & Technological Development Zone, Quanzhou City, CHN, 362005
Joeone Co Ltd is a China-based company engaged in the research and development, design, production and distribution of men's garments. It offers trousers, jackets, suits and other apparel products under the JOEONE brand name.
Executives
Chen Jia Pin Director
Chen Zhi Gao senior management
Wu Hui Rong Director
Xu Fang Director
Zhang Jing Chun Director
Lin Rong Zong Director
Ceng Yong senior management
Zhu Jian Shi senior management

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