Guangdong Hongtu Technology Holdings Co (SZSE:002101) Interest Expense : ¥-46 Mil (TTM As of Jun. 2024)

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What is Guangdong Hongtu Technology Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Hongtu Technology Holdings Co's interest expense for the three months ended in Jun. 2024 was ¥ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-46 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. Guangdong Hongtu Technology Holdings Co's Operating Income for the three months ended in Jun. 2024 was ¥ 76 Mil. Guangdong Hongtu Technology Holdings Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -13 Mil. Guangdong Hongtu Technology Holdings Co's Interest Coverage for the quarter that ended in Jun. 2024 was 5.77. 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.

Guangdong Hongtu Technology Holdings Co Interest Expense Historical Data

The historical data trend for Guangdong Hongtu Technology Holdings 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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Guangdong Hongtu Technology Holdings Co Interest Expense Chart

Guangdong Hongtu Technology Holdings Co Annual Data

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Interest Expense

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-66.07

-51.14

-29.94

-33.10

-45.26

Guangdong Hongtu Technology Holdings Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-12.77	-11.58	-10.96	-10.03	-13.18

Guangdong Hongtu Technology Holdings 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-46 Mil.

Guangdong Hongtu Technology Holdings Co (SZSE:002101) 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.

Guangdong Hongtu Technology Holdings Co's Interest Expense for the three months ended in Jun. 2024 was ¥-13 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥599 Mil.

Guangdong Hongtu Technology Holdings Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	76.097	/	-13.177
	=	5.77

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

Guangdong Hongtu Technology Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guangdong Hongtu Technology Holdings Co Ltd (SZSE:002101) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 168 Century Avenue, Jindu, Gaoyao, Guangdong, CHN, 526108

Website

http://www.ght-china.com

Guangdong Hongtu Technology Holdings Co Ltd is a manufacturer of precision aluminum alloy die castings in southern China. Its products include Automotive parts, Telecommunication parts, and Mechanical parts. Its aluminum alloy die casting parts are mainly applied for automobiles, motorcycles, household appliances, electronic devices, communication equipment and machinery.

Executives

Xu Fei Yue	Directors, executives
Liu Gang Nian	Executives
Mo Jin Gang	Directors, executives
Mo Jian Zhong	Executives
Liao Jian	Director
Wang Tao	Director
Huang Jie Feng	Executives
Chen De Fu	Director
Zhang Min	Director

Guangdong Hongtu Technology Holdings Co Headlines

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