GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Guangdong Songfa Ceramics Co Ltd (SHSE:603268) » Definitions » Interest Expense

Guangdong Songfa Ceramics Co (SHSE:603268) Interest Expense : ¥-22.5 Mil (TTM As of Jun. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Guangdong Songfa Ceramics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Songfa Ceramics Co's interest expense for the three months ended in Jun. 2024 was ¥ -6.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-22.5 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. Guangdong Songfa Ceramics Co's Operating Income for the three months ended in Jun. 2024 was ¥ -14.1 Mil. Guangdong Songfa Ceramics Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -6.1 Mil. Guangdong Songfa Ceramics 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.

Guangdong Songfa Ceramics Co Interest Expense Historical Data

The historical data trend for Guangdong Songfa Ceramics 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.

Guangdong Songfa Ceramics Co Interest Expense Chart

Guangdong Songfa Ceramics 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 -20.17 -18.58 -14.81 -18.89 -19.84

Guangdong Songfa Ceramics 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 -5.21 -4.59 -7.19 -4.56 -6.10

Guangdong Songfa Ceramics 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 ¥-22.5 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.

Guangdong Songfa Ceramics Co  (SHSE:603268) 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.

Guangdong Songfa Ceramics Co's Interest Expense for the three months ended in Jun. 2024 was ¥-6.1 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥-14.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥14.2 Mil.

Guangdong Songfa Ceramics Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Guangdong Songfa Ceramics Co did not have earnings to cover the interest expense.

* 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.

Guangdong Songfa Ceramics Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Guangdong Songfa Ceramics Co Ltd (SHSE:603268) » Definitions » Interest Expense
Comparable Companies
SZSE:003011 SHSE:603838 SHSE:605155 SZSE:001259 SZSE:301113 SHSE:603038 SHSE:603226 SZSE:301055 SHSE:603221 SHSE:605318 SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK
Traded in Other Exchanges
N/A
Address
No. 20, Ruyi Road Industrial Park, Building C2-2, Fengxi District, Chaozhou, CHN, 521031
Website
http://www.songfa.com
Guangdong Songfa Ceramics Co Ltd is engaged in research & development, design, production and sale of daily-use ceramics products. It produce household porcelain, custom porcelain and hotel porcelain and other daily-use ceramic products and also products like cover tableware, tea sets, coffee utensils, display porcelain, art collection porcelain and stainless steel, crystal And household items such as glass.
Executives
Lin Dao Fan Director
Dong Wei senior management
You Sha Director
Chen Li Yuan senior management
Zhang Rui Hao senior management
Ceng Wen Guang Director
Lin Qiu Lan Director

Guangdong Songfa Ceramics Co Headlines

No Headlines