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Earth-Panda Advanced Magnetic Material Co (SHSE:688077) Interest Expense : ¥-18 Mil (TTM As of Dec. 2024)


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What is Earth-Panda Advanced Magnetic Material Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Earth-Panda Advanced Magnetic Material Co's interest expense for the three months ended in Dec. 2024 was ¥ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ¥-18 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. Earth-Panda Advanced Magnetic Material Co's Operating Income for the three months ended in Dec. 2024 was ¥ 31 Mil. Earth-Panda Advanced Magnetic Material Co's Interest Expense for the three months ended in Dec. 2024 was ¥ -4 Mil. Earth-Panda Advanced Magnetic Material Co's Interest Coverage for the quarter that ended in Dec. 2024 was 7.54. 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.


Earth-Panda Advanced Magnetic Material Co Interest Expense Historical Data

The historical data trend for Earth-Panda Advanced Magnetic Material 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.

Earth-Panda Advanced Magnetic Material Co Interest Expense Chart

Earth-Panda Advanced Magnetic Material Co 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 -2.75 -3.83 -26.01 -24.33 -18.46

Earth-Panda Advanced Magnetic Material Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -5.45 -4.49 -5.18 -4.67 -4.12

Earth-Panda Advanced Magnetic Material 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-18 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.


Earth-Panda Advanced Magnetic Material Co  (SHSE:688077) 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.

Earth-Panda Advanced Magnetic Material Co's Interest Expense for the three months ended in Dec. 2024 was ¥-4 Mil. Its Operating Income for the three months ended in Dec. 2024 was ¥31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ¥239 Mil.

Earth-Panda Advanced Magnetic Material Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*31.07/-4.123
=7.54

* 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.


Earth-Panda Advanced Magnetic Material Co Business Description

Traded in Other Exchanges
N/A
Address
Lujiang High-tech Industrial Development Zone, Anhui, Hefei, CHN, 231500
Earth-Panda Advanced Magnetic Material Co Ltd is engaged in production and sales of sintered NdFeB permanent magnet materials. Its products are sintered NdFeb magnet, bonded NdFeb magnet, rubber magnet, samarium cobalt magnet. Its products are used in various applications such as information, national defense, automobiles, wind power, various types of motors, instruments, medical equipments, magnetic machinery and various other fields.
Executives
Wang Zi Yi senior management
Liu Ming Hui senior management
Dong Xue Chun Directors, senior managers
Tan Xin Bo Directors, senior managers
Zhou Zhi Guo Core technical personnel
Wang Yong Dong Supervisors
Mo Kun Peng Supervisors
Chen Jing Wu Senior management, core technical personnel
Yi Xiao Fei Directors, senior managers, core technical personn
Liu You Hao Supervisors, core technical personnel
Cao Qing Xiang Director
Xiong Yong Fei Directors, senior managers

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