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Zhejiang Jinghua Laser Technology Co (SHSE:603607) Interest Expense : ¥-2.8 Mil (TTM As of Mar. 2024)


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What is Zhejiang Jinghua Laser Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhejiang Jinghua Laser Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-2.8 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 Jinghua Laser Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 16.4 Mil. Zhejiang Jinghua Laser Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.6 Mil. Zhejiang Jinghua Laser Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 29.51. 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 Jinghua Laser Technology Co Interest Expense Historical Data

The historical data trend for Zhejiang Jinghua Laser 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 Jinghua Laser Technology Co Interest Expense Chart

Zhejiang Jinghua Laser 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 -0.07 -0.07 -0.10 -1.64 -2.27

Zhejiang Jinghua Laser Technology 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 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 -0.03 -0.09 0.02 -2.16 -0.56

Zhejiang Jinghua Laser 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-2.8 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 Jinghua Laser Technology Co  (SHSE:603607) 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 Jinghua Laser Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥16.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.0 Mil.

Zhejiang Jinghua Laser Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*16.407/-0.556
=29.51

* 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 Jinghua Laser Technology Co (SHSE:603607) Business Description

Traded in Other Exchanges
N/A
Address
Zhejiang Province High-tech Industrial Development Zone, Shaoxing, CHN, 312000
Zhejiang Jinghua Laser Technology Co Ltd is a national high-tech enterprise specializing in the manufacture, sales and technology development of laser holographic molded products in China. Its products range include laser holographic anti-counterfeiting film and anti-counterfeiting paper. Its products are widely used in laser holographic anti-counterfeiting packaging in the fields of cigarettes, wine, cosmetics, and food.
Executives
Zhang Jian Fen Supervisors
Yuan Jian Feng Director
Jiang Jian Gen senior management
Chen Jin Tong Director
Xiong Jian Hua Director
Xie Gao Xiang Directors, senior managers
Sun Jian Cheng Directors, senior managers
Qi Qi Fan senior management
Shao Bo senior management
Feng Yi Ping Directors, senior managers
Feng Yi Hong senior management
Xie Wei Dong Supervisors
Qian Ming Jun Director
Wang Fu Qing Supervisors

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