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Guangdong Guanghua Sci-Tech Co (SZSE:002741) Interest Expense : ¥-33 Mil (TTM As of Sep. 2024)


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What is Guangdong Guanghua Sci-Tech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Guanghua Sci-Tech Co's interest expense for the three months ended in Sep. 2024 was ¥ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-33 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 Guanghua Sci-Tech Co's Operating Income for the three months ended in Sep. 2024 was ¥ 6 Mil. Guangdong Guanghua Sci-Tech Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -8 Mil. Guangdong Guanghua Sci-Tech Co's Interest Coverage for the quarter that ended in Sep. 2024 was 0.76. 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 Guanghua Sci-Tech Co Interest Expense Historical Data

The historical data trend for Guangdong Guanghua Sci-Tech 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.

Guangdong Guanghua Sci-Tech Co Interest Expense Chart

Guangdong Guanghua Sci-Tech 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 -37.25 -38.78 -38.13 -41.24 -43.12

Guangdong Guanghua Sci-Tech 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 -10.86 -9.84 -8.07 -7.36 -7.93

Guangdong Guanghua Sci-Tech 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 ¥-33 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.

Guangdong Guanghua Sci-Tech Co  (SZSE:002741) 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.

Guangdong Guanghua Sci-Tech Co's Interest Expense for the three months ended in Sep. 2024 was ¥-8 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥154 Mil.

Guangdong Guanghua Sci-Tech 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*6.058/-7.929
=0.76

* 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.

Guangdong Guanghua Sci-Tech Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangdong Guanghua Sci-Tech Co Ltd (SZSE:002741) » Definitions » Interest Expense
Comparable Companies
SZSE:300109 SHSE:600586 SHSE:600810 SZSE:002163 SHSE:603977 SHSE:601678 SHSE:688106 SHSE:605008 SZSE:002068 SZSE:300072 LIN XPAR:AI SHW ECL APD XSWX:GIVN ISX:TPIA XSWX:SIKA DD SHSE:600309
Traded in Other Exchanges
N/A
Address
No. 295, University Road, Guangdong, Shantou, CHN, 515061
Website
http://www.jinhuada.com
Guangdong Guanghua Sci-Tech Co Ltd is a chemical manufacturer. The company's products include Electronic Chemicals, Chemical Reagents, and other Specialty Chemicals. Its products are widely used in the printed circuit board, electronics, automobiles, chemical, food, pharmaceutical and other industries.
Executives
Yang Rong Zheng Directors, executives
Cai Wen Directors, executives
Xie Shao Xian Supervisors

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