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Sichuan Tianwei Electronic Co (SHSE:688511) Interest Expense : ¥-0.1 Mil (TTM As of Sep. 2024)


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What is Sichuan Tianwei Electronic Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sichuan Tianwei Electronic Co's interest expense for the three months ended in Sep. 2024 was ¥ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-0.1 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. Sichuan Tianwei Electronic Co's Operating Income for the three months ended in Sep. 2024 was ¥ 7.4 Mil. Sichuan Tianwei Electronic Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -0.1 Mil. Sichuan Tianwei Electronic Co's Interest Coverage for the quarter that ended in Sep. 2024 was 93.73. 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.


Sichuan Tianwei Electronic Co Interest Expense Historical Data

The historical data trend for Sichuan Tianwei Electronic 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.

Sichuan Tianwei Electronic Co Interest Expense Chart

Sichuan Tianwei Electronic Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -1.76 -2.03 -1.41 -0.07 -0.01

Sichuan Tianwei Electronic Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -0.01 - - -0.08

Sichuan Tianwei Electronic 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0.1 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.


Sichuan Tianwei Electronic Co  (SHSE:688511) 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.

Sichuan Tianwei Electronic Co's Interest Expense for the three months ended in Sep. 2024 was ¥-0.1 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥7.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥0.0 Mil.

Sichuan Tianwei Electronic Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*7.405/-0.079
=93.73

* 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:

Sichuan Tianwei Electronic Co Ltd has no debt.


Sichuan Tianwei Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 233, Wulian 1st Road, Gongxing Street, China (Sichuan) Pilot Free Trade Zone, Shuangliu District, Chengdu, CHN, 610200
Sichuan Tianwei Electronic Co Ltd is a military scientific research and production company engaged in the research and development, production and sales of high-speed automatic fire suppression and explosion suppression systems, high-energy aviation ignition discharge devices, and high-precision fuse devices. The company's products are widely used in weapons, aviation, aerospace, shipbuilding, electronics and other fields such as in coal mines, energy, electric power, dust industries, and public Civil areas such as transportation.
Executives
Yang De Zhi Core technical personnel
Hou Guang Li senior management
Yang Qin Qin senior management
Zhang Chao Directors, senior managers, core technical personnel
Liu Bin Core technical personnel
Luo Yuan Lin Core technical personnel
Ma Yi Director
Yang Hai Yan Core technical personnel

Sichuan Tianwei Electronic Co Headlines

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