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FAWER Automotive Parts Co (SZSE:000030) Interest Expense : ¥-27 Mil (TTM As of Jun. 2024)


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What is FAWER Automotive Parts Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FAWER Automotive Parts Co's interest expense for the three months ended in Jun. 2024 was ¥ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-27 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. FAWER Automotive Parts Co's Operating Income for the three months ended in Jun. 2024 was ¥ 78 Mil. FAWER Automotive Parts Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -6 Mil. FAWER Automotive Parts Co's Interest Coverage for the quarter that ended in Jun. 2024 was 12.74. 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.

FAWER Automotive Parts Co Interest Expense Historical Data

The historical data trend for FAWER Automotive Parts 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.

FAWER Automotive Parts Co Interest Expense Chart

FAWER Automotive Parts Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.41 -12.92 -13.73 -25.04 -29.52

FAWER Automotive Parts Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -8.46 -7.37 -7.28 -6.62 -6.15

FAWER Automotive Parts 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-27 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.

FAWER Automotive Parts Co  (SZSE:000030) 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.

FAWER Automotive Parts Co's Interest Expense for the three months ended in Jun. 2024 was ¥-6 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥198 Mil.

FAWER Automotive Parts Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*78.343/-6.148
=12.74

* 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.

FAWER Automotive Parts Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » FAWER Automotive Parts Ltd Co (SZSE:000030) » Definitions » Interest Expense
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SZSE:300432 SHSE:688612 SZSE:000901 SZSE:300151 SHSE:600480 SHSE:600151 SZSE:002239 SHSE:603305 SHSE:601311 SZSE:300926 TSE:6902 XPAR:ML TSE:5108 GPC APTV SHSE:600660 NSE:MOTHERSON XKRX:012330 XTER:CON XTER:KBX
Traded in Other Exchanges
200030:China
Address
777 Dongfeng South Street, Xixin Economic Development Zone, Jilin Province, Changchun City, CHN, 130033
Website
http://www.fawer.com.cn
FAWER Automotive Parts Ltd Co is engaged in manufacturing automotive parts and components of environment control systems, chassis systems, steering and transmission systems, safety systems, engine accessory systems.
Executives
Wang Xiao Ping Directors, executives
Gan Xian Guo Directors, executives
Yang Yi Ping Executives
Du Xin Yue Executives
Zu Xue Zhong Executives
Ye Fan Directors, executives
Ban Wu Director
Niu Su Yan Supervisors
Gong Yi Heng Supervisors

FAWER Automotive Parts Co Headlines

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