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Guangdong Huate Gas Co (SHSE:688268) Interest Expense : ¥-33 Mil (TTM As of Mar. 2025)


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What is Guangdong Huate Gas Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Huate Gas Co's interest expense for the three months ended in Mar. 2025 was ¥ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-33 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. Guangdong Huate Gas Co's Operating Income for the three months ended in Mar. 2025 was ¥ 57 Mil. Guangdong Huate Gas Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -7 Mil. Guangdong Huate Gas Co's Interest Coverage for the quarter that ended in Mar. 2025 was 8.11. 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.


Guangdong Huate Gas Co Interest Expense Historical Data

The historical data trend for Guangdong Huate Gas 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.

Guangdong Huate Gas Co Interest Expense Chart

Guangdong Huate Gas 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 -0.30 -3.13 -10.28 -29.23 -34.05

Guangdong Huate Gas Co 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 -8.26 -9.29 -8.36 -8.15 -7.09

Guangdong Huate Gas 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-33 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.


Guangdong Huate Gas Co  (SHSE:688268) 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.

Guangdong Huate Gas Co's Interest Expense for the three months ended in Mar. 2025 was ¥-7 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥57 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥823 Mil.

Guangdong Huate Gas Co'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*57.489/-7.093
=8.11

* 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.


Guangdong Huate Gas Co Business Description

Traded in Other Exchanges
N/A
Address
Jinfeng Road, Heshunfeng West Village, Nanhai District, Guangdong Province, East of Wentouling, Lishui Town, Foshan, CHN
Guangdong Huate Gas Co Ltd is engaged in research, development and production of gas and gas equipment, covering industrial gases, electronic gases, electric light gases, ultra-high pure gases, calibration gases, laser gases, medical gases, and food grade gases. Its equipments include LGC, vaporizer, LNG emergency skids, and installation of equipment for the application of ultra high pure gases and industrial gases.
Executives
Fu Zhu Hong Director
Wan Ling Zhi senior management
Chen Yan Shan Core technical personnel
Zhang Sui Hua Directors, senior managers
Shi Ping Xiang Director
Chen Li Ping senior management
Pei You Hong Core technical personnel
Liao Heng Yi Senior management, core technical personnel
Zhang Jun Hua senior management

Guangdong Huate Gas Co Headlines

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