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Guangzhou Tongda Auto Electric Co (SHSE:603390) Interest Expense : ¥-0.2 Mil (TTM As of Mar. 2025)


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What is Guangzhou Tongda Auto Electric Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangzhou Tongda Auto Electric Co's interest expense for the three months ended in Mar. 2025 was ¥ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-0.2 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. Guangzhou Tongda Auto Electric Co's Operating Income for the three months ended in Mar. 2025 was ¥ 18.7 Mil. Guangzhou Tongda Auto Electric Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -0.0 Mil. Guangzhou Tongda Auto Electric Co's Interest Coverage for the quarter that ended in Mar. 2025 was 9,359.00. 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.


Guangzhou Tongda Auto Electric Co Interest Expense Historical Data

The historical data trend for Guangzhou Tongda Auto Electric 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.

Guangzhou Tongda Auto Electric Co Interest Expense Chart

Guangzhou Tongda Auto Electric 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 -3.02 -4.31 -2.76 -1.52 -0.36

Guangzhou Tongda Auto Electric Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.16 -0.16 -0.05 - -

Guangzhou Tongda Auto Electric 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0.2 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.


Guangzhou Tongda Auto Electric Co  (SHSE:603390) 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.

Guangzhou Tongda Auto Electric Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.0 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥18.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥0.0 Mil.

Guangzhou Tongda Auto Electric Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*18.718/-0.002
=9,359.00

* 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. Guangzhou Tongda Auto Electric Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Guangzhou Tongda Auto Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1633 Beitai Road, Kesheng Road, Guangzhou Private Science and Technology Park, Room 605-3, Supporting Service Building No. 8, Baiyun District, Guangdong, Guangzhou, CHN, 510540
Guangzhou Tongda Auto Electric Co Ltd is a China based company specializes in the integrated information management system of vehicle intelligent terminals and the research, development, production and sales of automotive electrical products. The company mainly provides car intelligent system series products, bus multimedia information release system series products, car component series products, new energy automobile motor and thermal management system series products.
Executives
Fu Hua Bo Supervisors
Lin Zhi Supervisors
Mao Xiang Bo Directors, senior managers
Lao Zhong Jian Director

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