GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Zhejiang Jingxing Paper JSC Ltd (SZSE:002067) » Definitions » Interest Expense

Zhejiang Jingxing Paper JSC (SZSE:002067) Interest Expense : ¥-48 Mil (TTM As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Zhejiang Jingxing Paper JSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhejiang Jingxing Paper JSC's interest expense for the three months ended in Mar. 2024 was ¥ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-48 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. Zhejiang Jingxing Paper JSC's Operating Income for the three months ended in Mar. 2024 was ¥ 39 Mil. Zhejiang Jingxing Paper JSC's Interest Expense for the three months ended in Mar. 2024 was ¥ -20 Mil. Zhejiang Jingxing Paper JSC's Interest Coverage for the quarter that ended in Mar. 2024 was 1.94. 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.

Zhejiang Jingxing Paper JSC Interest Expense Historical Data

The historical data trend for Zhejiang Jingxing Paper JSC'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.

Zhejiang Jingxing Paper JSC Interest Expense Chart

Zhejiang Jingxing Paper JSC 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 -75.90 -48.29 -27.87 -28.41 -32.43

Zhejiang Jingxing Paper JSC 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 -4.90 -6.27 -3.29 -17.97 -20.06

Zhejiang Jingxing Paper JSC 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 ¥-48 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.

Zhejiang Jingxing Paper JSC  (SZSE:002067) 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.

Zhejiang Jingxing Paper JSC's Interest Expense for the three months ended in Mar. 2024 was ¥-20 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,244 Mil.

Zhejiang Jingxing Paper JSC'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*38.921/-20.056
=1.94

* 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.

Zhejiang Jingxing Paper JSC (SZSE:002067) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Zhejiang Jingxing Paper JSC Ltd (SZSE:002067) » Definitions » Interest Expense
Comparable Companies
SHSE:600419 SHSE:603687 SZSE:301223 SZSE:002235 SHSE:600103 SHSE:600433 SHSE:600356 SHSE:600235 SZSE:002012 SZSE:000815 OHEL:UPM BSP:SUZB3 OHEL:STERV BUE:CELU LSE:MNDI OSTO:HOLM A SZSE:002078 BSP:KLBN3 XSGO:CMPC TSE:3861
Traded in Other Exchanges
N/A
Address
Caoqiao Town, Zhejiang Province, Pinghu, CHN, 314214
Website
http://www.zjjxjt.com
Zhejiang Jingxing Paper JSC Ltd is a Chinese company operating in the paper and packaging industry. It manufactures paper and paper products. The company's products include kraft paper, white craft paper, high strength Corrugating medium, bobbin paper, cardboard boxes, household paper products, and other products.
Executives
Zhu Zai Long Director
Shen Shou Xian Supervisors
Liu Chun Xiang Director
Nie Rong Kun Director
Sheng Xiao Ying Director
Wang Wei Min Director
Lu Fu Gui Supervisors
Zhu Xi Kun Independent director, within six months of separat

Zhejiang Jingxing Paper JSC (SZSE:002067) Headlines

No Headlines