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JIANGSU LOPAL TECH Co (SHSE:603906) Interest Expense : ¥-272 Mil (TTM As of Mar. 2024)


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What is JIANGSU LOPAL TECH Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JIANGSU LOPAL TECH Co's interest expense for the three months ended in Mar. 2024 was ¥ -64 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-272 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. JIANGSU LOPAL TECH Co's Operating Income for the three months ended in Mar. 2024 was ¥ -106 Mil. JIANGSU LOPAL TECH Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -64 Mil. JIANGSU LOPAL TECH Co did not have earnings to cover the interest expense. 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.

JIANGSU LOPAL TECH Co Interest Expense Historical Data

The historical data trend for JIANGSU LOPAL TECH 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.

JIANGSU LOPAL TECH Co Interest Expense Chart

JIANGSU LOPAL TECH 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 -15.00 -8.60 -48.07 -150.84 -249.18

JIANGSU LOPAL TECH 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 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 -41.59 -52.80 -51.49 -103.31 -63.92

JIANGSU LOPAL TECH 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 ¥-272 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.

JIANGSU LOPAL TECH Co  (SHSE:603906) 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.

JIANGSU LOPAL TECH Co's Interest Expense for the three months ended in Mar. 2024 was ¥-64 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-106 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥3,345 Mil.

JIANGSU LOPAL TECH Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

JIANGSU LOPAL TECH Co did not have earnings to cover the interest expense.

* 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.

JIANGSU LOPAL TECH Co (SHSE:603906) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » JIANGSU LOPAL TECH Co Ltd (SHSE:603906) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 6 Hengtong road, Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 210038
Website
http://www.lopal.com.cn
JIANGSU LOPAL TECH Co Ltd operates as a lubricant company in China. It provides automotive and industrial lubricants and automotive chemicals. Its products line includes motor gasoline engine oil, diesel oil, 3ECARE car maintenance products, vehicles, gear oil, hydraulic oil, antifreeze, brake fluid, grease, oil motorcycle, engineering machinery lubricants, and industrial lubricants.
Executives
Zhang Yi senior management
Lv Zhen Ya Director
Shen Zhi Yong Director
Qin Jian Directors, senior managers
Zhu Xiang Lan Director
Shi Jun Feng Directors, senior managers

JIANGSU LOPAL TECH Co (SHSE:603906) Headlines

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