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Suntak Technology Co (SZSE:002815) Interest Expense : ¥-74 Mil (TTM As of Mar. 2024)


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What is Suntak Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Suntak Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-74 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. Suntak Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 168 Mil. Suntak Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -20 Mil. Suntak Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 8.24. 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.


Suntak Technology Co Interest Expense Historical Data

The historical data trend for Suntak Technology 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.

Suntak Technology Co Interest Expense Chart

Suntak Technology 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 -41.77 -24.33 -65.12 -67.20 -70.16

Suntak Technology 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 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 -16.99 -18.15 -18.57 -16.46 -20.39

Suntak Technology 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 ¥-74 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.


Suntak Technology Co  (SZSE:002815) 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.

Suntak Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-20 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥168 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,821 Mil.

Suntak Technology 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*167.93/-20.392
=8.24

* 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.


Suntak Technology Co (SZSE:002815) Business Description

Traded in Other Exchanges
N/A
Address
No. 3009 Guangming Street, China Merchants Bureau, Unit 207, Building A, Building A3, Guangming Science and Technology Park, Guangming New District, Guangdong Province, Shenzhen, CHN, 518132
Suntak Technology Co Ltd is a printed circuit board service company. The company offers various products and services such as 4-layer rigid-flexible board, golden fingerboard, copper paste filling board, double-sided flex board, 32 layers multiplayer board, large panel lamination, multilayer rigid, 4 steps HDI board and others. These products are used in communication, industrial control, power electronics, medical instrument, security electronics, aerospace and other industries. Geographically the group operates through China.

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