Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Interest Expense : ¥-7.4 Mil (TTM As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Argus (Shanghai) Textile Chemicals Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Argus (Shanghai) Textile Chemicals Co's interest expense for the three months ended in Mar. 2024 was ¥ -2.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-7.4 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. Argus (Shanghai) Textile Chemicals Co's Operating Income for the three months ended in Mar. 2024 was ¥ 29.2 Mil. Argus (Shanghai) Textile Chemicals Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -2.8 Mil. Argus (Shanghai) Textile Chemicals Co's Interest Coverage for the quarter that ended in Mar. 2024 was 10.40. 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.

Argus (Shanghai) Textile Chemicals Co Interest Expense Historical Data

The historical data trend for Argus (Shanghai) Textile Chemicals 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.

Argus (Shanghai) Textile Chemicals Co Interest Expense Chart

Argus (Shanghai) Textile Chemicals Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-2.18

-0.77

-4.40

-5.06

-6.10

Argus (Shanghai) Textile Chemicals 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															-1.54	-1.33	-1.52	-1.71	-2.81

Argus (Shanghai) Textile Chemicals 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 ¥-7.4 Mil.

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) 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.

Argus (Shanghai) Textile Chemicals Co's Interest Expense for the three months ended in Mar. 2024 was ¥-2.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥29.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.0 Mil.

Argus (Shanghai) Textile Chemicals 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	*	29.187	/	-2.807
	=	10.40

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

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Argus (Shanghai) Textile Chemicals Co Ltd (SHSE:603790) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 388 Jinyuan Liu Road, Jiangqiao, Jiading, Room 275-278, Building 16, Shanghai, CHN, 201812

Website

http://www.argus.net.cn

Argus (Shanghai) Textile Chemicals Co Ltd is a Chinese company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.

Executives

Xie Bing	Directors, senior managers
Gu Zhe Dong	Director
Xu Ya Qin	senior management
Cheng Yu Qing	senior management
Ceng Jian Ping	Director
Hong Bin	senior management
Zheng Yi Hua	Director

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Headlines

No Headlines