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Shenzhen Yanmade Technology (SHSE:688312) Interest Expense : ¥-1.7 Mil (TTM As of Mar. 2024)


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What is Shenzhen Yanmade Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Yanmade Technology's interest expense for the three months ended in Mar. 2024 was ¥ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1.7 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. Shenzhen Yanmade Technology's Operating Income for the three months ended in Mar. 2024 was ¥ -3.6 Mil. Shenzhen Yanmade Technology's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.1 Mil. Shenzhen Yanmade Technology 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.

Shenzhen Yanmade Technology Interest Expense Historical Data

The historical data trend for Shenzhen Yanmade Technology'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.

Shenzhen Yanmade Technology Interest Expense Chart

Shenzhen Yanmade Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.80 0.83 -1.11 -2.19 -2.07

Shenzhen Yanmade Technology Quarterly Data
Jun19 Sep19 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 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 -0.51 -0.88 -0.34 -0.35 -0.10

Shenzhen Yanmade Technology 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 ¥-1.7 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.

Shenzhen Yanmade Technology  (SHSE:688312) 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.

Shenzhen Yanmade Technology's Interest Expense for the three months ended in Mar. 2024 was ¥-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-3.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥5.9 Mil.

Shenzhen Yanmade Technology's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Shenzhen Yanmade Technology did not have earnings to cover the interest expense.

* 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.

Shenzhen Yanmade Technology (SHSE:688312) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Yanmade Technology Inc (SHSE:688312) » Definitions » Interest Expense
Comparable Companies
SHSE:688557 SZSE:002272 SHSE:688255 SZSE:300195 SHSE:603036 SZSE:301446 SZSE:002248 SZSE:001225 SZSE:002774 SZSE:001288 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
No. 9 Bangkai Road, Fengkai Street, 101, 2, 3, 4th Floor, 1st Floor, Building C, No. 2, Bangkai Technology City, Guangming New District, Guangdong Province, Shenzhen, CHN, 518052
Website
http://www.yanmade.com/cn
Shenzhen Yanmade Technology Inc is engaged in design, production and sales of automated and intelligent test equipment. The cmpany's products include multiple test fields such as automatic test equipment, test fixtures, accessories, etc., and use mechanical automation solutions with independent intellectual property rights to realize flexible manufacturing and intelligent manufacturing platforms for customers.

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