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Tecon Biology Co (SZSE:002100) Interest Expense : ¥-221 Mil (TTM As of Mar. 2024)


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What is Tecon Biology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tecon Biology Co's interest expense for the three months ended in Mar. 2024 was ¥ -47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-221 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. Tecon Biology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 151 Mil. Tecon Biology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -47 Mil. Tecon Biology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.25. 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.

Tecon Biology Co Interest Expense Historical Data

The historical data trend for Tecon Biology 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.

Tecon Biology Co Interest Expense Chart

Tecon Biology 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 -193.10 -196.30 -205.99 -242.99 -245.54

Tecon Biology Co 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 -70.84 -68.34 -60.49 -45.87 -46.52

Tecon Biology 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-221 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.

Tecon Biology Co  (SZSE:002100) 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.

Tecon Biology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-47 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥151 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,970 Mil.

Tecon Biology Co'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*151.072/-46.517
=3.25

* 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.

Tecon Biology Co (SZSE:002100) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tecon Biology Co Ltd (SZSE:002100) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
High-tech Zone in Changchun Road, 528 Tiankang Business Building, Xinjiang, Urumqi, CHN, 830011
Website
http://www.tcsw.com.cn
Tecon Biology Co Ltd is engaged in the production and sales of veterinary biological products and animal disease prevention, modern pig science breeding and breeding, feed research and development and production, and pig slaughtering and processing. The company mainly operates its businesses within domestic markets, with Xinjiang Province as its main market.
Executives
Wang Xiao Supervisors
Pan Yi Ping Executives
Xu Heng Executives
Wu Xiang Yong Director
Sun Wei Hong Independent director
Wu Ming Qi Executives
Wang Xin An Director
Geng Li Xin Directors, executives
Che Xin Hui Supervisors

Tecon Biology Co (SZSE:002100) Headlines

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