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Jiangsu Rutong Petro-Machinery Co (SHSE:603036) Interest Expense : ¥-0.4 Mil (TTM As of Mar. 2025)


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What is Jiangsu Rutong Petro-Machinery Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangsu Rutong Petro-Machinery Co's interest expense for the three months ended in Mar. 2025 was ¥ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-0.4 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. Jiangsu Rutong Petro-Machinery Co's Operating Income for the three months ended in Mar. 2025 was ¥ 25.2 Mil. Jiangsu Rutong Petro-Machinery Co's Interest Expense for the three months ended in Mar. 2025 was ¥ 0.0 Mil. Jiangsu Rutong Petro-Machinery Co has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Jiangsu Rutong Petro-Machinery Co Interest Expense Historical Data

The historical data trend for Jiangsu Rutong Petro-Machinery 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.

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Jiangsu Rutong Petro-Machinery Co Interest Expense Chart

Jiangsu Rutong Petro-Machinery 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 -0.17 -0.08 -0.27 -0.08 -0.17

Jiangsu Rutong Petro-Machinery Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - -0.12 - -0.31 -

Jiangsu Rutong Petro-Machinery 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0.4 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.


Jiangsu Rutong Petro-Machinery Co  (SHSE:603036) 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.

Jiangsu Rutong Petro-Machinery Co's Interest Expense for the three months ended in Mar. 2025 was ¥0.0 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥25.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥0.0 Mil.

Jiangsu Rutong Petro-Machinery Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Jiangsu Rutong Petro-Machinery Co had no long-term debt (1).

* 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.

Good Sign:

Jiangsu Rutong Petro-Machinery Co Ltd has no debt.


Jiangsu Rutong Petro-Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 33 Huaihe Road, Rudong Economic Development Zone, New District, Jiangsu Province, Nantong, CHN, 226400
Jiangsu Rutong Petro-Machinery Co Ltd operates in the petroleum and petrochemical equipment manufacturing industry. The company is engaged in research and development, production and sales of oil drilling and production wellhead equipment. The main products are lifting equipment, holding equipment and spinning equipment. The products are sold in various oil fields in China and exported to North America, Southeast Asia, Middle East, Central Asia and North Africa.
Executives
Zhen Guo Yi senior management
He Yun Hua senior management
Zhou Xiao Feng Director
Zhang You Fu Director
Zhu Jian Hua Supervisors
Cao Cai Hong Director
Xu Bo Bing Director
Chen Xiao Feng senior management

Jiangsu Rutong Petro-Machinery Co Headlines

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