Guangdong Xinbao Electrical Appliances Holdings Co (SZSE:002705) Interest Expense : ¥-95 Mil (TTM As of Mar. 2024)

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What is Guangdong Xinbao Electrical Appliances Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Xinbao Electrical Appliances Holdings Co's interest expense for the three months ended in Mar. 2024 was ¥ -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-95 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 Xinbao Electrical Appliances Holdings Co's Operating Income for the three months ended in Mar. 2024 was ¥ 277 Mil. Guangdong Xinbao Electrical Appliances Holdings Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -21 Mil. Guangdong Xinbao Electrical Appliances Holdings Co's Interest Coverage for the quarter that ended in Mar. 2024 was 12.93. 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 Xinbao Electrical Appliances Holdings Co Interest Expense Historical Data

The historical data trend for Guangdong Xinbao Electrical Appliances 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 Xinbao Electrical Appliances Holdings Co Interest Expense Chart

Guangdong Xinbao Electrical Appliances Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-11.38

-15.71

-19.02

-54.51

-88.29

Guangdong Xinbao Electrical Appliances Holdings 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															-15.15	-19.08	-27.24	-26.82	-21.43

Guangdong Xinbao Electrical Appliances 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-95 Mil.

Guangdong Xinbao Electrical Appliances Holdings Co (SZSE:002705) 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 Xinbao Electrical Appliances Holdings Co's Interest Expense for the three months ended in Mar. 2024 was ¥-21 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥277 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥167 Mil.

Guangdong Xinbao Electrical Appliances Holdings 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	*	276.957	/	-21.426
	=	12.93

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

Guangdong Xinbao Electrical Appliances Holdings Co (SZSE:002705) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Guangdong Xinbao Electrical Appliances Holdings Co Ltd (SZSE:002705) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Longzhou Road, Shunde District, Guangdong, Leliu Town, Foshan, CHN, 528322

Website

http://www.gdxinbao.cn

Guangdong Xinbao Electrical Appliances Holdings Co Ltd is a Chinese company engaged in the manufacturing, developing and selling kitchen electrical appliances, home appliances, electronic components and baby electrical appliances. The product portfolio of the company includes electric kettle, coffee maker, hand mixer, blender, toaster, bread maker, steam station, among others. The company sells the products under its own brand, Donlim. It sells its products in China, and also exports it to other countries.

Executives

Wang Wei	Directors, executives
Li Ya Ping	Supervisors
Zhu Xiao Mei	Directors, executives
Ceng Zhan Hui	Directors, executives
Yang Fang Xin	Directors, executives
Kang Xing Zhuang	Supervisors
Guo Jian Gang	Director
Huang De Cai	Executives
He De Hong	Executives
Wen Chao Dong	Director
Tong Yong Hua	Executives
Zhang Jun	Supervisors
Fang Xun	Executives
Lan Ping Qing	Executives
Pan Wei Dong	Supervisors

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