Transfar Zhilian Co (SZSE:002010) Interest Expense : ¥-590 Mil (TTM As of Sep. 2024)

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What is Transfar Zhilian Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Transfar Zhilian Co's interest expense for the three months ended in Sep. 2024 was ¥ -124 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-590 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. Transfar Zhilian Co's Operating Income for the three months ended in Sep. 2024 was ¥ 358 Mil. Transfar Zhilian Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -124 Mil. Transfar Zhilian Co's Interest Coverage for the quarter that ended in Sep. 2024 was 2.89. 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.

Transfar Zhilian Co Interest Expense Historical Data

The historical data trend for Transfar Zhilian 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.

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Transfar Zhilian Co Interest Expense Chart

Transfar Zhilian Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-425.04

-430.62

-524.52

-541.20

-596.92

Transfar Zhilian 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															-149.19	-176.66	-135.60	-154.17	-123.78

Transfar Zhilian 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 ¥-590 Mil.

Transfar Zhilian Co (SZSE:002010) 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.

Transfar Zhilian Co's Interest Expense for the three months ended in Sep. 2024 was ¥-124 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥358 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥7,443 Mil.

Transfar Zhilian 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	*	357.835	/	-123.776
	=	2.89

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Transfar Zhilian Co Ltd interest coverage is 2.35, which is low.

Transfar Zhilian Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Transfar Zhilian Co Ltd (SZSE:002010) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiaoshan Economic and Technology Development Zone, Zhejiang Province, Hangzhou, CHN, 311215

Website

http://www.transfarchem.com

Transfar Zhilian Co Ltd is engaged in the production and sale of specialty chemicals used in textile printing and dyeing, leather, building materials and water treatment.

Executives

Wu Jian Hua	Director
Yao Wei	Executives
Chen Jian	Directors, executives
Chen Jie	Supervisors
Zhou Jia Hai	Directors, executives
Zhu Jiang Ying	Directors, Directors, and Executives
Yang Bai Zhang	Supervisors
Xu Hu Xiang	Directors, executives
Ying Tian Gen	Director
Lai Yue Min	Executives

Transfar Zhilian Co Headlines

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