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WindSun Science & Technology Co (SHSE:688663) Interest Expense : ¥-3 Mil (TTM As of Mar. 2024)


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What is WindSun Science & Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WindSun Science & Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-3 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. WindSun Science & Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 39 Mil. WindSun Science & Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0 Mil. WindSun Science & Technology Co has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


WindSun Science & Technology Co Interest Expense Historical Data

The historical data trend for WindSun Science & Technology 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.

WindSun Science & Technology Co Interest Expense Chart

WindSun Science & Technology Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.88 -0.89 -0.03 -0.18 -0.07

WindSun Science & Technology Co Quarterly Data
Dec18 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 -0.04 -2.61 - -0.03 -

WindSun Science & Technology 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-3 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.


WindSun Science & Technology Co  (SHSE:688663) 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.

WindSun Science & Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0 Mil.

WindSun Science & Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

WindSun Science & Technology Co had no long-term debt (1).

* 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. WindSun Science & Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


WindSun Science & Technology Co (SHSE:688663) Business Description

Traded in Other Exchanges
N/A
Address
North of Jincheng Road Middle Section, Economic Development Zone, Wenshang County, Shandong Province, Jining, CHN, 272500
WindSun Science & Technology Co Ltd is engaged in the research and development, production, sales and service of high-power power electronic energy-saving control technology and related products.
Executives
An Shou Bing Director
Yin Peng Fei senior management
Hou Lei senior management
Qin Xian Sheng senior management
Hu Shun Quan Directors, senior managers
Shao Liang Directors, senior managers
He Zhao Cheng Directors, senior managers
Wang Chuan Yu senior management
Ma Yun Sheng Director
Cheng Xu Dong Supervisors
Xu Wei Long Director
Li Rui Lai Core technical personnel

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