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Zhejiang Yilida Ventilator Co (SZSE:002686) Interest Expense : ¥-16 Mil (TTM As of Sep. 2024)


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What is Zhejiang Yilida Ventilator Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhejiang Yilida Ventilator Co's interest expense for the three months ended in Sep. 2024 was ¥ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-16 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. Zhejiang Yilida Ventilator Co's Operating Income for the three months ended in Sep. 2024 was ¥ 21 Mil. Zhejiang Yilida Ventilator Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -4 Mil. Zhejiang Yilida Ventilator Co's Interest Coverage for the quarter that ended in Sep. 2024 was 5.57. 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.

Zhejiang Yilida Ventilator Co Interest Expense Historical Data

The historical data trend for Zhejiang Yilida Ventilator 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.

Zhejiang Yilida Ventilator Co Interest Expense Chart

Zhejiang Yilida Ventilator 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 -63.10 -55.13 -33.07 -23.07 -17.17

Zhejiang Yilida Ventilator Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -3.53 -4.56 -5.19 -2.51 -3.75

Zhejiang Yilida Ventilator 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-16 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.

Zhejiang Yilida Ventilator Co  (SZSE:002686) 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.

Zhejiang Yilida Ventilator Co's Interest Expense for the three months ended in Sep. 2024 was ¥-4 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥59 Mil.

Zhejiang Yilida Ventilator Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*20.859/-3.747
=5.57

* 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.

Zhejiang Yilida Ventilator Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Yilida Ventilator Co Ltd (SZSE:002686) » Definitions » Interest Expense
Comparable Companies
SZSE:300508 SZSE:002196 SHSE:688623 SHSE:603757 SZSE:002535 SZSE:002164 SHSE:688648 SZSE:301137 SZSE:001395 SZSE:002931 XTER:SIE XPAR:SU ETN PH OSTO:ATCO A ITW EMR CMI XTER:ENR TSE:7011
Traded in Other Exchanges
N/A
Address
Yilida Road, Hengjie Town, Luqiao District, Zhejiang Province, Taizhou City, CHN, 318056
Website
https://www.yilida.com
Zhejiang Yilida Ventilator Co Ltd is a manufacturer of energy-consuming products. The company is mainly engaged in the development and production of air-conditioning and engineering fans. The company's brands include yilida, Wolter, Fu Lihua and Mal. It supplies air moving products to the heating, ventilation, and air conditioning companies. Its products are widely used in the commercial buildings including supply and exhaust, AHU, smoke extraction and fire safety applications.
Executives
Jiang Lan Executives
Chen Xin Quan Director
Luo Yang Qian Securities Affairs Representative
Huang Can Director
Xu Xiao Bo Supervisors
Li Jun Zhou Directors, executives

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