Xianheng International Science & Technology Co (SHSE:605056) Interest Expense : ¥-2 Mil (TTM As of Mar. 2024)

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What is Xianheng International Science & Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xianheng International Science & Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-2 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. Xianheng International Science & Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -3 Mil. Xianheng International Science & Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Xianheng International Science & Technology 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.

Xianheng International Science & Technology Co Interest Expense Historical Data

The historical data trend for Xianheng International Science & 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.

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Xianheng International Science & Technology Co Interest Expense Chart

Xianheng International Science & Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.21

-0.08

-0.69

-1.54

-2.10

Xianheng International Science & Technology Co Quarterly Data
	Dec17	Dec18	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															-	-0.57	0.11	-1.64	-0.24

Xianheng International Science & 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-2 Mil.

Xianheng International Science & Technology Co (SHSE:605056) 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.

Xianheng International Science & Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥12 Mil.

Xianheng International Science & Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Xianheng International Science & Technology Co did not have earnings to cover the interest expense.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Xianheng International Science & Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Xianheng International Science & Technology Co (SHSE:605056) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xianheng International Science & Technology Co Ltd (SHSE:605056) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Room E10, No.889 Jiangcheng Road, Shangcheng District, Zhejiang Province, Hangzhou, CHN, 310009

Website

http://www.xianhengguoji.com

Xianheng International Science & Technology Co Ltd is an intensive MRO supplier of tools, instruments and other products. It mainly serves the power industry and also involves emergency, railway, urban rail transit, petroleum and petrochemicals and other fields. It specializes in the research and development, production, sales and technical services of independent products in the mentioned fields.

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