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Delton Technology (Guangzhou) (SZSE:001389) Interest Expense : ¥-7 Mil (TTM As of Mar. 2024)


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What is Delton Technology (Guangzhou) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Delton Technology (Guangzhou)'s interest expense for the three months ended in Mar. 2024 was ¥ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-7 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. Delton Technology (Guangzhou)'s Operating Income for the three months ended in Mar. 2024 was ¥ 187 Mil. Delton Technology (Guangzhou)'s Interest Expense for the three months ended in Mar. 2024 was ¥ -3 Mil. Delton Technology (Guangzhou)'s Interest Coverage for the quarter that ended in Mar. 2024 was 54.47. 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.


Delton Technology (Guangzhou) Interest Expense Historical Data

The historical data trend for Delton Technology (Guangzhou)'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.

Delton Technology (Guangzhou) Interest Expense Chart

Delton Technology (Guangzhou) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -3.42 -6.20 -5.78 -11.67 -13.93

Delton Technology (Guangzhou) Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 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 -3.46 -3.99 - - -3.44

Delton Technology (Guangzhou) 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 ¥-7 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.


Delton Technology (Guangzhou)  (SZSE:001389) 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.

Delton Technology (Guangzhou)'s Interest Expense for the three months ended in Mar. 2024 was ¥-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥187 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥285 Mil.

Delton Technology (Guangzhou)'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*187.17/-3.436
=54.47

* 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.


Delton Technology (Guangzhou) (SZSE:001389) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 22 Baoying South Road, Guangzhou Free Trade Zone, Guangdong Province, Guangzhou, CHN, 510730
Delton Technology (Guangzhou) Inc is engaged in research & development, production and sales of printed circuit boards. Its products are mainly used in data center, cloud computing, industrial Internet, artificial intelligence, 5G communication, automotive electronics, security and printing and other terminal fields.

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