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Songz Automobile Air Conditioning Co (SZSE:002454) Interest Expense : ¥-1 Mil (TTM As of Mar. 2025)


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What is Songz Automobile Air Conditioning Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Songz Automobile Air Conditioning Co's interest expense for the three months ended in Mar. 2025 was ¥ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-1 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. Songz Automobile Air Conditioning Co's Operating Income for the three months ended in Mar. 2025 was ¥ 96 Mil. Songz Automobile Air Conditioning Co's Interest Expense for the three months ended in Mar. 2025 was ¥ 0 Mil. Songz Automobile Air Conditioning Co did not have earnings to cover the interest expense. 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.


Songz Automobile Air Conditioning Co Interest Expense Historical Data

The historical data trend for Songz Automobile Air Conditioning 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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Songz Automobile Air Conditioning Co Interest Expense Chart

Songz Automobile Air Conditioning 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 -2.62 -3.30 -2.45 -2.78 -2.02

Songz Automobile Air Conditioning 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 -0.64 -2.25 2.25 -1.38 0.01

Songz Automobile Air Conditioning 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 ¥-1 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.


Songz Automobile Air Conditioning Co  (SZSE:002454) 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.

Songz Automobile Air Conditioning Co's Interest Expense for the three months ended in Mar. 2025 was ¥0 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥96 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥18 Mil.

Songz Automobile Air Conditioning Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Songz Automobile Air Conditioning Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Songz Automobile Air Conditioning Co Business Description

Traded in Other Exchanges
N/A
Address
No.4999, Huaning Road, Xinzhuang Industrial Park, Shanghai, CHN, 201108
Songz Automobile Air Conditioning Co Ltd foreign-funded enterprise. It is engaged in research and development, manufacturing and marketing of the air-conditioners used in commercial and passenger vehicles. Songz is a professional vehicle air-conditioner manufacturer and is also the domestic manufacturer of large and medium-sized passenger vehicle air-conditioners. Its products are widely used in various types of large and medium-sized passenger vehicles, passenger cars, trucks, light-duty buses and rail vehicles, filling in the domestic blank of the double-decker bus air conditioner production.
Executives
Huang Guo Qiang Executives
Ji An Kang Directors, executives
Xie Hao Supervisors
Chen Rui Directors, executives
Yu Bei Bei Supervisors
Liu Zhi Kun Executives
Chang Wei Jun Executives
Yang Guo Ping Director
Tan Ren Ke Securities Affairs Representative
Zhu Ping Li Executives
Chen Fu Cheng Director
Chen Fu Quan Secretary, Director
Zhang Wei Jie Supervisors
Liu Yin Ru Supervisors
Li Bing Executives

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