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Suzhou Longjie Special Fiber Co (SHSE:603332) Interest Expense : ¥-0 Mil (TTM As of Dec. 2024)


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What is Suzhou Longjie Special Fiber Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Suzhou Longjie Special Fiber Co's interest expense for the three months ended in Dec. 2024 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ¥-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. Suzhou Longjie Special Fiber Co's Operating Income for the three months ended in Dec. 2024 was ¥ 3 Mil. Suzhou Longjie Special Fiber Co's Interest Expense for the three months ended in Dec. 2024 was ¥ -0 Mil. Suzhou Longjie Special Fiber Co's Interest Coverage for the quarter that ended in Dec. 2024 was 191.06. 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.


Suzhou Longjie Special Fiber Co Interest Expense Historical Data

The historical data trend for Suzhou Longjie Special Fiber 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.

Suzhou Longjie Special Fiber Co Interest Expense Chart

Suzhou Longjie Special Fiber 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 -0.26 -0.17 -0.17 -0.07 -0.05

Suzhou Longjie Special Fiber Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.02 -0.01 -0.01 -0.01 -0.02

Suzhou Longjie Special Fiber 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0 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.


Suzhou Longjie Special Fiber Co  (SHSE:603332) 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.

Suzhou Longjie Special Fiber Co's Interest Expense for the three months ended in Dec. 2024 was ¥-0 Mil. Its Operating Income for the three months ended in Dec. 2024 was ¥3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ¥0 Mil.

Suzhou Longjie Special Fiber Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*3.439/-0.018
=191.06

* 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:

Ben Graham prefers companies' interest coverage to be at least 5. Suzhou Longjie Special Fiber Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Suzhou Longjie Special Fiber Co Business Description

Traded in Other Exchanges
N/A
Address
No.19 Zhenxing Raod, Zhangjiagang Economic Development Zone, Jiangsu Province, Jiangsu, CHN, 215600
Suzhou Longjie Special Fiber Co Ltd is engaged in the production of polyester filaments. The company's products cover five series, namely differentiated FDY, differentiated POY, differentiated DTY, differentiated polyester industrial yarns and new type polyester fiber. Its main products include differentiated civil fiber products like FDY island composite fiber, DTY island composite fiber, DTY eco-friendly three-dimensional composite colored fiber, FDY flat filament series products, monocomponent potential controllable crimpled fiber, and PTT fiber, and various polyester industrial filaments.
Executives
Wang Jian Xin Directors, senior managers
Huang Su Xiang senior management
Liu Hu Yi Supervisors
Wang Jian Rong Director
Ma Dong Xian Supervisors
Xi Wen Jie Directors, senior managers
Guan Le Directors, senior managers
Pan Zheng Liang senior management
Lu Xiao Yu senior management
He Xiao Lin Directors, senior managers

Suzhou Longjie Special Fiber Co Headlines

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