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Sk Shu Paint Co (SHSE:603737) Interest Expense : ¥-187 Mil (TTM As of Sep. 2024)


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What is Sk Shu Paint Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sk Shu Paint Co's interest expense for the three months ended in Sep. 2024 was ¥ -49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-187 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. Sk Shu Paint Co's Operating Income for the three months ended in Sep. 2024 was ¥ 280 Mil. Sk Shu Paint Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -49 Mil. Sk Shu Paint Co's Interest Coverage for the quarter that ended in Sep. 2024 was 5.77. 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.

Sk Shu Paint Co Interest Expense Historical Data

The historical data trend for Sk Shu Paint 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.

Sk Shu Paint Co Interest Expense Chart

Sk Shu Paint 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 -33.48 -75.59 -125.97 -181.79 -211.50

Sk Shu Paint 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 -58.96 -40.98 -46.81 -50.91 -48.61

Sk Shu Paint 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 ¥-187 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.

Sk Shu Paint Co  (SHSE:603737) 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.

Sk Shu Paint Co's Interest Expense for the three months ended in Sep. 2024 was ¥-49 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥280 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥1,328 Mil.

Sk Shu Paint 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*280.24/-48.607
=5.77

* 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.

Sk Shu Paint Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sk Shu Paint Co Ltd (SHSE:603737) » Definitions » Interest Expense
Comparable Companies
SZSE:300054 SHSE:600299 SHSE:600143 SHSE:600873 SZSE:300037 SHSE:600352 SHSE:688363 SZSE:300395 SZSE:000830 SZSE:002683 LIN XPAR:AI SHW ECL APD XSWX:GIVN XSWX:SIKA ISX:TPIA DD SHSE:600309
Traded in Other Exchanges
N/A
Address
No. 518 LIyuan North Road, Licheng District, Fujian Province, Putian City, CHN, 351100
Website
http://www.skshu.com.cn
Sk Shu Paint Co Ltd is engaged in the Research and development, production and sales of architectural coatings (wall coatings), wood coatings and adhesives.
Executives
Zhao Fu Wei Supervisors
Mi Li Directors, senior managers
Peng Yong Sen Supervisors
Hong Jie Directors, senior managers
Lin De Dian senior management
Zhu Qi Feng Directors, senior managers
Lin Li Zhong Director
Cai Wei Ting Supervisors
Huang Sheng Lin senior management
Fang Guo Qin Directors, senior managers
Chen Chao Yang Supervisors

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