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Zhejiang Huangma Technology Co (SHSE:603181) Interest Expense : ¥-15 Mil (TTM As of Jun. 2024)


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What is Zhejiang Huangma Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhejiang Huangma Technology Co's interest expense for the three months ended in Jun. 2024 was ¥ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-15 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. Zhejiang Huangma Technology Co's Operating Income for the three months ended in Jun. 2024 was ¥ 112 Mil. Zhejiang Huangma Technology Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -3 Mil. Zhejiang Huangma Technology Co's Interest Coverage for the quarter that ended in Jun. 2024 was 33.66. 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.

Zhejiang Huangma Technology Co Interest Expense Historical Data

The historical data trend for Zhejiang Huangma 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.

Zhejiang Huangma Technology Co Interest Expense Chart

Zhejiang Huangma Technology 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 -0.08 -0.92 -1.81 -11.35 -16.40

Zhejiang Huangma Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -4.30 -3.99 -3.87 -3.51 -3.33

Zhejiang Huangma 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-15 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.

Zhejiang Huangma Technology Co  (SHSE:603181) 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.

Zhejiang Huangma Technology Co's Interest Expense for the three months ended in Jun. 2024 was ¥-3 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥112 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥176 Mil.

Zhejiang Huangma Technology Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*111.963/-3.326
=33.66

* 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.

Zhejiang Huangma Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Huangma Technology Co Ltd (SHSE:603181) » Definitions » Interest Expense
Comparable Companies
SZSE:300409 SZSE:300848 SHSE:603010 SZSE:300586 SHSE:603110 SZSE:300019 SHSE:688359 SHSE:688157 SHSE:603212 SHSE:603256 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
Zhangzhen Industrial New District, Shangyu District, Zhejiang Province, Shaoxing, CHN, 312363
Website
http://www.huangma.com
Zhejiang Huangma Technology Co Ltd is focused on the development, production and sales of speciality surfactants. Its product offering includes more than 1,200 products in the chemical fibre Oil olate, printing and textile auxiliaries plate, lubricant and metalworking fluids plate, water reducing agent plate, coating plate, silicones surfactant plate, pesticide auxiliary plate, water treatment plate, personal care plate and other surfactant plates. The products are widely applied to silicone, lubricants and metal processing, environmentally friendly coatings, composite new materials, special fibres, agrochemical additives and other downstream areas.
Executives
Wang Xin Rong Directors, senior managers
Ma Xia Kun Directors, senior managers

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