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Wuxi Acryl Technology Co (SHSE:603722) Interest Expense : ¥-0.0 Mil (TTM As of Sep. 2024)


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What is Wuxi Acryl Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wuxi Acryl Technology Co's interest expense for the three months ended in Sep. 2024 was ¥ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-0.0 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. Wuxi Acryl Technology Co's Operating Income for the three months ended in Sep. 2024 was ¥ -8.3 Mil. Wuxi Acryl Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥ 0.0 Mil. Wuxi Acryl Technology Co has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Wuxi Acryl Technology Co Interest Expense Historical Data

The historical data trend for Wuxi Acryl 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.

Wuxi Acryl Technology Co Interest Expense Chart

Wuxi Acryl 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 -0.05 -0.14 -0.02 -0.28 -0.01

Wuxi Acryl Technology 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 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 - - - - -

Wuxi Acryl 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0.0 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.

Wuxi Acryl Technology Co  (SHSE:603722) 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.

Wuxi Acryl Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥0.0 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥-8.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥0.0 Mil.

Wuxi Acryl Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Wuxi Acryl Technology Co had no long-term debt (1).

* 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.

Wuxi Acryl Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Wuxi Acryl Technology Co Ltd (SHSE:603722) » Definitions » Interest Expense
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SHSE:688299 SZSE:002341 SZSE:300063 SZSE:301256 SZSE:300522 SZSE:300537 SZSE:300798 SZSE:300891 SZSE:300538 SZSE:301489 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
New Materials Industrial Park, Xishan District, Donggang Town, Jiangsu Province, Wuxi, CHN, 214196
Website
http://www.chinaacryl.com
Wuxi Acryl Technology Co Ltd produces and sells various types of fine chemical products. It offers special epoxy resins, polyester resins, and acrylic resins, as well as well as optical grade polymer materials and other chemical products. Its products include polyether amines and acrylic acid monomer.
Executives
Zhang Wen Quan Director
Cui Xiao Li Director
Zhu Xue Jun Director
Chang Jun Director
Feng Li senior management
You Wei Min Director

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