Yantai Eddie Precision Machinery Co (SHSE:603638) Interest Expense : ¥-46 Mil (TTM As of Sep. 2024)

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What is Yantai Eddie Precision Machinery Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yantai Eddie Precision Machinery Co's interest expense for the three months ended in Sep. 2024 was ¥ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-46 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. Yantai Eddie Precision Machinery Co's Operating Income for the three months ended in Sep. 2024 was ¥ 119 Mil. Yantai Eddie Precision Machinery Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -10 Mil. Yantai Eddie Precision Machinery Co's Interest Coverage for the quarter that ended in Sep. 2024 was 11.53. 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.

Yantai Eddie Precision Machinery Co Interest Expense Historical Data

The historical data trend for Yantai Eddie Precision Machinery 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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Yantai Eddie Precision Machinery Co Interest Expense Chart

Yantai Eddie Precision Machinery Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-16.51

-16.95

-20.34

-37.25

-48.14

Yantai Eddie Precision Machinery Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-12.68	-15.79	-10.63	-9.17	-10.29

Yantai Eddie Precision Machinery 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-46 Mil.

Yantai Eddie Precision Machinery Co (SHSE:603638) 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.

Yantai Eddie Precision Machinery Co's Interest Expense for the three months ended in Sep. 2024 was ¥-10 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥119 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥907 Mil.

Yantai Eddie Precision Machinery Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	118.666	/	-10.288
	=	11.53

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

Yantai Eddie Precision Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yantai Eddie Precision Machinery Co Ltd (SHSE:603638) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

No.356, Changjianglu Road, Yantai economic and technological development zone, Shandong Province, Yantai, CHN, 264006

Website

http://www.cceddie.net

Yantai Eddie Precision Machinery Co Ltd is a China based manufacturer of hydraulic breaker and related equipment. It develops, produces and sells hydraulic breaker, quick coupler, high-frequency vibration breaker, hydraulic shear, hydraulic crusher, stone grapple, log grapple and other attachments for construction machinery. The company sells its products in China, and also exports it to the various other countries.

Executives

Zhong Zhi Ping	senior management
Song Peng	Directors, senior managers
Li Jiao Yun	senior management
Feng Xiao Hua	senior management
Song Ou	Directors, senior managers
Xu Shang Wu	Directors, senior managers
Song Fei	Directors, senior managers
Song Yu Xuan	Director
Zhang Pei Dong	Director
Liu Shi Min	Supervisors
	Director
Liu Shi Min	Director

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