Nanjing Huamai Technology Co (SHSE:603042) Interest Expense : ¥-8.0 Mil (TTM As of Mar. 2024)

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What is Nanjing Huamai Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nanjing Huamai Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -1.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-8.0 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. Nanjing Huamai Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -4.7 Mil. Nanjing Huamai Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1.8 Mil. Nanjing Huamai Technology Co did not have earnings to cover the interest expense. 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.

Nanjing Huamai Technology Co Interest Expense Historical Data

The historical data trend for Nanjing Huamai 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.

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Nanjing Huamai Technology Co Interest Expense Chart

Nanjing Huamai Technology Co Annual Data

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Interest Expense

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-20.42

-29.71

-21.39

-15.47

-10.21

Nanjing Huamai Technology 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															-4.01	-2.86	-3.17	-0.17	-1.85

Nanjing Huamai 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-8.0 Mil.

Nanjing Huamai Technology Co (SHSE:603042) 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.

Nanjing Huamai Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-4.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.6 Mil.

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

Nanjing Huamai Technology Co did not have earnings to cover the interest expense.

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

Nanjing Huamai Technology Co (SHSE:603042) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanjing Huamai Technology Co Ltd (SHSE:603042) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

11th Runfa Road, Dongshan Industry Gathering Zone, Jiangning District, Jiangsu Province, Nanjing, CHN, 211103

Website

http://www.huamai.cn

Nanjing Huamai Technology Co Ltd is a Chinese company engaged in the research and development, design, manufacture and sale for telecom distribution products and passive microwave products. The company operates in two industries, namely fiber optic telecommunications and wireless telecommunications. Fiber optic telecommunications products covers parts from OLT to ONU in full series of ODN network, and Microwave telecommunications products include indoor signal distribution system and passive microwave components. It provides wireless communication products such as indoor distribution system, microwave passive components, and 3G/4G base station antennas, embellished antennas and miniaturized antennas, among others.

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