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Shandong Fiberglass Group Co (SHSE:605006) Interest Expense : ¥-61 Mil (TTM As of Sep. 2024)


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What is Shandong Fiberglass Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shandong Fiberglass Group Co's interest expense for the three months ended in Sep. 2024 was ¥ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-61 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. Shandong Fiberglass Group Co's Operating Income for the three months ended in Sep. 2024 was ¥ -1 Mil. Shandong Fiberglass Group Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -18 Mil. Shandong Fiberglass Group 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.

Shandong Fiberglass Group Co Interest Expense Historical Data

The historical data trend for Shandong Fiberglass 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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Shandong Fiberglass Group Co Interest Expense Chart

Shandong Fiberglass Group 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 -138.05 -140.67 -105.69 -74.92 -58.57

Shandong Fiberglass Group 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 -14.73 -13.90 -12.86 -16.62 -18.01

Shandong Fiberglass 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-61 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.

Shandong Fiberglass Group Co  (SHSE:605006) 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.

Shandong Fiberglass Group Co's Interest Expense for the three months ended in Sep. 2024 was ¥-18 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥-1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥1,991 Mil.

Shandong Fiberglass Group Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Shandong Fiberglass Group 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.

Shandong Fiberglass Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shandong Fiberglass Group Co Ltd (SHSE:605006) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Yishui County Industrial Park, Shandong Province, Linyi, CHN, 276400
Website
http://www.glasstex.cn
Shandong Fiberglass Group Co Ltd is engaged in production and sales of glass fiber and its products. The company's products include Glass fiber yarn and Fiberglass products.
Executives
Niu Ai Jun Director
Song Zhong Ling Supervisors
Zhao Yan Supervisors
Qiu Yuan Guo senior management
Du Ji Shan senior management
Wang Chuan Qiu senior management
Li Jin Bao senior management
Guo Zhao Heng senior management
Yang Feng Bo senior management
Cui Bao Shan senior management
Zhang Shan Jun Director
Li Zhao senior management
Wu Yu Lou Supervisors
Gao Gui Heng Director

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