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Shanghainyou Medical Co (SHSE:688085) Interest Expense : ¥0.0 Mil (TTM As of Jun. 2024)


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What is Shanghainyou Medical Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghainyou Medical Co's interest expense for the three months ended in Jun. 2024 was ¥ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥0.0 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. Shanghainyou Medical Co's Operating Income for the three months ended in Jun. 2024 was ¥ 14.1 Mil. Shanghainyou Medical Co's Interest Expense for the three months ended in Jun. 2024 was ¥ 0.0 Mil. GuruFocus does not calculate Shanghainyou Medical Co's interest coverage with the available data. 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.


Shanghainyou Medical Co Interest Expense Historical Data

The historical data trend for Shanghainyou Medical 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.

Shanghainyou Medical Co Interest Expense Chart

Shanghainyou Medical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.07 -0.05 -0.16 -0.20 -0.27

Shanghainyou Medical Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Shanghainyou Medical 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 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.


Shanghainyou Medical Co  (SHSE:688085) 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.

Shanghainyou Medical Co's Interest Expense for the three months ended in Jun. 2024 was ¥0.0 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥14.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥13.3 Mil.

Shanghainyou Medical Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

GuruFocus does not calculate Shanghainyou Medical Co's interest coverage with the available data.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shanghai Sanyou Medical Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Shanghainyou Medical Co Business Description

Traded in Other Exchanges
N/A
Address
356 Renqing Road, Building 3-2nd Floor, Medical Apparatus Garden of Zhangjiang Hi-Tech Park, East, Pudong, Shanghai, CHN
Shanghai Sanyou Medical Equipment Co Ltd is engaged in manufacturing and sales of independently orthopedics implant. The company manufactures medical devices such as type III implantation equipment (orthopedics), type III intracranial hematoma puncture removal equipment, type II dressing, nursing materials, type II surgical instruments and I surgical instruments.
Executives
Xu Nong Directors, senior managers
Director, core technical staff
Fan Xiang Long Directors, senior managers
Fan Xiang Long Directors, senior managers
Liu Ming Yan Director, core technical staff

Shanghainyou Medical Co Headlines

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