KTK Group Co (SHSE:603680) Interest Expense : ¥-48 Mil (TTM As of Mar. 2024)

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What is KTK Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KTK Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-48 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. KTK Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 53 Mil. KTK Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -11 Mil. KTK Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.89. 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.

KTK Group Co Interest Expense Historical Data

The historical data trend for KTK Group 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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KTK Group Co Interest Expense Chart

KTK Group Co Annual Data

Trend

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Interest Expense

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-82.20

-91.87

-59.90

-53.88

-55.37

KTK Group 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															-18.32	-11.98	-8.90	-16.16	-10.85

KTK Group 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 ¥-48 Mil.

KTK Group Co (SHSE:603680) 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.

KTK Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-11 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥501 Mil.

KTK Group 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	*	53.064	/	-10.848
	=	4.89

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

KTK Group Co (SHSE:603680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » KTK Group Co Ltd (SHSE:603680) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No.88-89, Jinchuang Road, Yaoguan Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213000

Website

http://www.ktk.com.cn

KTK Group Co Ltd is engaged in research and development, production, sales and service of rail transit vehicle accessory products. The company's products are mainly divided into rail transport vehicles interior, electrical and equipment products, covering more than a thousand subdivision products such as door system, seat, and kitchen. Further, it is also engaged in the manufacturing of auxiliary electrical systems, information display systems, coupler systems, brake systems, shock absorption systems and other ancillary products. The company primarily serves global rail transit equipment giants such as China CRRC, Bombardier, Alstom, and Siemens, as well as Chinese urban rail metro customers.

Executives

Ge Yao Hong	Directors, senior managers
Sun Chao	senior management
Cao Zhang Bao	senior management
Li Jun	Directors, senior managers
Jin Yan	Directors, senior managers
Wang Hong Bin	senior management
Zou Chun Zhong	senior management
Zhang Huai Bin	senior management
Wang Yi Jin	senior management
Zuo Xiao Peng	senior management
Du Yan	Director
Luo Yi	Directors, senior managers
Yu Jin Kun	Directors, senior managers
Zhang Cun Gang	Supervisors
Qian Bo	Supervisors

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