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Shenzhen Topband Co (SZSE:002139) Interest Expense : ¥-44 Mil (TTM As of Mar. 2024)


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What is Shenzhen Topband Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Topband Co's interest expense for the three months ended in Mar. 2024 was ¥ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-44 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. Shenzhen Topband Co's Operating Income for the three months ended in Mar. 2024 was ¥ 196 Mil. Shenzhen Topband Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -15 Mil. Shenzhen Topband Co's Interest Coverage for the quarter that ended in Mar. 2024 was 13.48. 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.

Shenzhen Topband Co Interest Expense Historical Data

The historical data trend for Shenzhen Topband 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.

Shenzhen Topband Co Interest Expense Chart

Shenzhen Topband 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 -37.04 -41.61 -24.68 -35.26 -38.09

Shenzhen Topband 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 -8.94 -10.66 -8.67 -9.82 -14.55

Shenzhen Topband 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 ¥-44 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.

Shenzhen Topband Co  (SZSE:002139) 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.

Shenzhen Topband Co's Interest Expense for the three months ended in Mar. 2024 was ¥-15 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥196 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥628 Mil.

Shenzhen Topband 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*196.045/-14.547
=13.48

* 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.

Shenzhen Topband Co (SZSE:002139) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Topband Co Ltd (SZSE:002139) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Keji Second Road, Topband Industrial Park, Tangtou Avenue, Shiyan Subdistrict, Baoan District, Guangdong, Shenzhen, CHN, 518108
Website
http://www.topband.com.cn
Shenzhen Topband Co Ltd is engaged in the manufacturing of intelligent controller solutions, high-efficient motors, and lithium batteries for the household appliance, power tools industry, and technology-related markets.
Executives
Xiang Wei Executives
Wen Chao Hui Directors, executives
Ji Shu Hai Director
Peng Gan Quan Directors, executives
Wu Yong Qiang Directors, executives
Chen De Jian Securities Affairs Representative
Chen Jin Zhou Supervisors
Yao Xiao Cong Independent director
Zheng Si Bin Directors, executives
Ma Wei Directors, executives
Dai Hui Juan Supervisors
Zhou Biao Supervisors
Li Rang Directors, executives
Dai Xin Director
Wan Fei Supervisors

Shenzhen Topband Co (SZSE:002139) Headlines

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