Suzhou Nanomicro Technology Co (SHSE:688690) Interest Expense : ¥-2.0 Mil (TTM As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Suzhou Nanomicro Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Suzhou Nanomicro Technology Co's interest expense for the three months ended in Sep. 2024 was ¥ -3.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-2.0 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. Suzhou Nanomicro Technology Co's Operating Income for the three months ended in Sep. 2024 was ¥ 24.4 Mil. Suzhou Nanomicro Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -3.0 Mil. Suzhou Nanomicro Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 was 8.12. 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.

Suzhou Nanomicro Technology Co Interest Expense Historical Data

The historical data trend for Suzhou Nanomicro 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.

Suzhou Nanomicro Technology Co Interest Expense Chart

Suzhou Nanomicro Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.37

2.44

5.20

-0.37

-2.41

Suzhou Nanomicro Technology 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															-3.44	2.51	-1.62	0.09	-3.00

Suzhou Nanomicro 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-2.0 Mil.

Suzhou Nanomicro Technology Co (SHSE:688690) 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.

Suzhou Nanomicro Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥-3.0 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥24.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥30.8 Mil.

Suzhou Nanomicro Technology 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	*	24.378	/	-3.001
	=	8.12

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. Suzhou Nanomicro Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Suzhou Nanomicro Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Suzhou Nanomicro Technology Co Ltd (SHSE:688690) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 2, Baichuan Street, Industrial Park, Jiangsu Province, Suzhou, CHN

Website

http://www.nanomicrotech.com

Suzhou Nanomicro Technology Co Ltd is engaged in the high-performance nano-microsphere materials research and development, large-scale production, sales and application services.

Executives

	Core technical personnel
	Senior management, core technical personnel
Lin Sheng Yue	Director, core technical staff
Zhao Shun	Director
Hua Xiao Feng	senior management
Wang Dong	senior management
	Director, core technical staff
Wu Ai Jun	senior management
	Senior management, core technical personnel
Mou Yi Ping	Directors, senior managers
Mi Jian Qiu	senior management
Yu Xiu Zhen	Supervisors
	senior management

Suzhou Nanomicro Technology Co Headlines

No Headlines