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Changzhou Kaidi Electrical (SHSE:605288) Interest Expense : ¥-2 Mil (TTM As of Mar. 2025)


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What is Changzhou Kaidi Electrical Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Changzhou Kaidi Electrical's interest expense for the three months ended in Mar. 2025 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 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. Changzhou Kaidi Electrical's Operating Income for the three months ended in Mar. 2025 was ¥ 10 Mil. Changzhou Kaidi Electrical's Interest Expense for the three months ended in Mar. 2025 was ¥ -0 Mil. Changzhou Kaidi Electrical's Interest Coverage for the quarter that ended in Mar. 2025 was 52.69. 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.


Changzhou Kaidi Electrical Interest Expense Historical Data

The historical data trend for Changzhou Kaidi Electrical'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.

Changzhou Kaidi Electrical Interest Expense Chart

Changzhou Kaidi Electrical Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 -1.26 -3.17 -0.97 -1.83

Changzhou Kaidi Electrical Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.13 0.03 -1.10 -0.64 -0.19

Changzhou Kaidi Electrical 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-2 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.


Changzhou Kaidi Electrical  (SHSE:605288) 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.

Changzhou Kaidi Electrical's Interest Expense for the three months ended in Mar. 2025 was ¥-0 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥6 Mil.

Changzhou Kaidi Electrical's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*10.012/-0.19
=52.69

* 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.


Changzhou Kaidi Electrical Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Hengcui Road, Jiangcun Village, Henglin Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213101
Changzhou Kaidi Electrical Inc is engaged in production and sales of linear drive system products. The company develops linear drive systems, product development, manufacturing, and domestic and international marketing. It provides linear drive system products in the fields of medical care, auto parts, among others.
Executives
Yao Bu Tang senior management
Lu Xiao Bo Directors, senior managers
Zhou Rong Qing Directors, senior managers
Yan Guo Hong senior management
Zhou Lin Yu Director
Zhou Shu Cheng Directors, senior managers
Chen Xu Pei senior management
Zhou Yan Qin senior management

Changzhou Kaidi Electrical Headlines

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