Guangdong Champion Asia Electronics Co (SHSE:603386) Interest Expense : ¥-33 Mil (TTM As of Mar. 2024)

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What is Guangdong Champion Asia Electronics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Champion Asia Electronics Co's interest expense for the three months ended in Mar. 2024 was ¥ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-33 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 Champion Asia Electronics Co's Operating Income for the three months ended in Mar. 2024 was ¥ -17 Mil. Guangdong Champion Asia Electronics Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -8 Mil. Guangdong Champion Asia Electronics 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 Champion Asia Electronics Co Interest Expense Historical Data

The historical data trend for Guangdong Champion Asia Electronics 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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Guangdong Champion Asia Electronics Co Interest Expense Chart

Guangdong Champion Asia Electronics Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-19.88

-31.89

-32.59

-33.25

Guangdong Champion Asia Electronics 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															-8.48	-8.48	-8.26	-8.03	-8.45

Guangdong Champion Asia Electronics 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 ¥-33 Mil.

Guangdong Champion Asia Electronics Co (SHSE:603386) 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.

Guangdong Champion Asia Electronics Co's Interest Expense for the three months ended in Mar. 2024 was ¥-8 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥338 Mil.

Guangdong Champion Asia Electronics Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Guangdong Champion Asia Electronics Co did not have earnings to cover the interest expense.

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Guangdong Champion Asia Electronics Co Ltd interest coverage is 2.41, which is low.

Guangdong Champion Asia Electronics Co (SHSE:603386) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangdong Champion Asia Electronics Co Ltd (SHSE:603386) » Definitions » Interest Expense

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Address

25 Digital Industrial Park, Sandong Town, Guangdong Province, Huicheng District, Huizhou, CHN

Website

http://www.championasia.hk

Guangdong Champion Asia Electronics Co Ltd specializes in the printed circuit board industry. It is mainly engaged in the development, production and sales of printed circuit boards, and printed circuit board tables. The company's main products include double-panel, multi-layer boards including SMT products. The products are mainly used in IT communication equipment, consumer electronics, computers and peripherals, automotive electronics, industrial control energy and other industries.

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