Farsoon Technologies Co (SHSE:688433) Interest Expense : ¥-0.9 Mil (TTM As of Dec. 2024)

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What is Farsoon Technologies Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Farsoon Technologies Co's interest expense for the three months ended in Dec. 2024 was ¥ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ¥-0.9 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. Farsoon Technologies Co's Operating Income for the three months ended in Dec. 2024 was ¥ 14.8 Mil. Farsoon Technologies Co's Interest Expense for the three months ended in Dec. 2024 was ¥ -0.7 Mil. Farsoon Technologies Co's Interest Coverage for the quarter that ended in Dec. 2024 was 22.17. 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.

Farsoon Technologies Co Interest Expense Historical Data

The historical data trend for Farsoon Technologies 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.

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Farsoon Technologies Co Interest Expense Chart

Farsoon Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.12

-0.22

-0.33

-0.58

-0.85

Farsoon Technologies Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial											-0.25	-0.05	-0.11	-0.03	-0.67

Farsoon Technologies 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 ¥-0.9 Mil.

Farsoon Technologies Co (SHSE:688433) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Farsoon Technologies Co's Interest Expense for the three months ended in Dec. 2024 was ¥-0.7 Mil. Its Operating Income for the three months ended in Dec. 2024 was ¥14.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ¥1.0 Mil.

Farsoon Technologies 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	*	14.766	/	-0.666
	=	22.17

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. Farsoon Technologies Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Farsoon Technologies Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Farsoon Technologies Co Ltd (SHSE:688433) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 181 Linyu Road, High-tech Development Zone, Hunan Province, Changsha, CHN, 410000

Website

https://www.farsoon.com

Farsoon Technologies Co Ltd provides industrial-grade metal additive manufacturing systems with different molding cylinder sizes and different laser configurations, auxiliary equipment and rich material processes to help users accelerate the industrialization of additive manufacturing.

Executives

Liu Yi Zhan	Directors, senior managers
Zhong Qing Lan	senior management
Pan Liang Ming	Core technical personnel

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