GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sensteed Hi-tech Group (SZSE:000981) » Definitions » Interest Expense

Sensteed Hi-tech Group (SZSE:000981) Interest Expense : ¥-382 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Sensteed Hi-tech Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sensteed Hi-tech Group's interest expense for the three months ended in Mar. 2024 was ¥ -58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-382 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. Sensteed Hi-tech Group's Operating Income for the three months ended in Mar. 2024 was ¥ 455 Mil. Sensteed Hi-tech Group's Interest Expense for the three months ended in Mar. 2024 was ¥ -58 Mil. Sensteed Hi-tech Group's Interest Coverage for the quarter that ended in Mar. 2024 was 7.88. 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.

Sensteed Hi-tech Group Interest Expense Historical Data

The historical data trend for Sensteed Hi-tech Group'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.

Sensteed Hi-tech Group Interest Expense Chart

Sensteed Hi-tech Group 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 -854.22 -553.94 -286.60 -275.85 -402.60

Sensteed Hi-tech Group Quarterly Data
Jun19 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 -77.91 -121.53 -72.63 -130.54 -57.75

Sensteed Hi-tech Group 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 ¥-382 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.

Sensteed Hi-tech Group  (SZSE:000981) 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.

Sensteed Hi-tech Group's Interest Expense for the three months ended in Mar. 2024 was ¥-58 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥455 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,236 Mil.

Sensteed Hi-tech Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*455.055/-57.746
=7.88

* 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.

Sensteed Hi-tech Group (SZSE:000981) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sensteed Hi-tech Group (SZSE:000981) » Definitions » Interest Expense
Comparable Companies
SHSE:600006 SZSE:000550 SHSE:601777 SHSE:601965 SHSE:600166 SZSE:000980 SZSE:000913 SZSE:301345 SZSE:000957 SHSE:600686 TSLA TSE:7203 XTER:P911 SZSE:002594 XTER:MBG MIL:RACE XTER:VOW3 MIL:STLAM XTER:BMW TSE:7267
Traded in Other Exchanges
N/A
Address
No. 1800, Zhongshan East Road, 42nd Floor, Guohua Financial Center, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100
Website
https://www.sensteed.com
Sensteed Hi-tech Group is engaged in the New energy business. It's actively deploying new energy vehicles & semiconductors Dual industry chains to create a high-end manufacturing ecosystem that is interconnected and interactive with multiple industries such as new energy vehicle manufacturing, semiconductor packaging materials, high-end automotive parts, and travel services.
Executives
Xiong Xu Qiang Director
Wu Xi Liang Director
Liang Yong Bo Supervisors
Xu Hai Jiang Supervisors
Jin Zhao Xiu Director
Hou Xin Cai Executives

Sensteed Hi-tech Group (SZSE:000981) Headlines

No Headlines