GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Metal Materials Co Ltd (SZSE:002149) » Definitions » Interest Expense

Western Metal Materials Co (SZSE:002149) Interest Expense : ¥-40 Mil (TTM As of Mar. 2025)


View and export this data going back to 2007. Start your Free Trial

What is Western Metal Materials Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Western Metal Materials Co's interest expense for the three months ended in Mar. 2025 was ¥ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-40 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. Western Metal Materials Co's Operating Income for the three months ended in Mar. 2025 was ¥ 59 Mil. Western Metal Materials Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -9 Mil. Western Metal Materials Co's Interest Coverage for the quarter that ended in Mar. 2025 was 6.46. 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.


Western Metal Materials Co Interest Expense Historical Data

The historical data trend for Western Metal Materials 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.

Western Metal Materials Co Interest Expense Chart

Western Metal Materials Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.48 -51.99 -52.28 -47.21 -41.47

Western Metal Materials Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -10.30 -10.12 -10.26 -10.79 -9.07

Western Metal Materials 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-40 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.


Western Metal Materials Co  (SZSE:002149) 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.

Western Metal Materials Co's Interest Expense for the three months ended in Mar. 2025 was ¥-9 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥59 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥7 Mil.

Western Metal Materials Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*58.582/-9.07
=6.46

* 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.


Western Metal Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 56 Keji 3rd Road, New and High-Technology Development Zone, Xi'an, Shanxi, CHN, 710065
Western Metal Materials Co Ltd is a China-based company engaged in the research and development, manufacture and sales of rare metal products. It provides rare metal clad materials and products, titanium products, metal fibers and products, refractory metal products, tungsten-molybdenum materials, as well as precious metal products and others. The company is also engaged in the rare metal testing and processing business. The company distributes its products in domestic market and to overseas markets.
Executives
Yang Li Rong Independent director
Yang Yan An Executives
Gu Liang Directors, executives
Zheng Xue Jun Executives
Yang Jian Chao Executives
Liu Yong Executives
Yan Xue Bai Director
Li Zhang Liang Supervisors
Gao Wen Zhu Directors, executives
Zhang Hong Guo Supervisors, within half a year of separation

Western Metal Materials Co Headlines

No Headlines