Yuhuan CNC Machine Tool Co (SZSE:002903) Interest Expense : ¥-3.3 Mil (TTM As of Mar. 2024)

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What is Yuhuan CNC Machine Tool Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yuhuan CNC Machine Tool Co's interest expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-3.3 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. Yuhuan CNC Machine Tool Co's Operating Income for the three months ended in Mar. 2024 was ¥ 9.4 Mil. Yuhuan CNC Machine Tool Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Yuhuan CNC Machine Tool Co has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Yuhuan CNC Machine Tool Co Interest Expense Historical Data

The historical data trend for Yuhuan CNC Machine Tool 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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Yuhuan CNC Machine Tool Co Interest Expense Chart

Yuhuan CNC Machine Tool Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-0.24

-0.23

-0.22

-0.08

-0.15

Yuhuan CNC Machine Tool 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															-	-3.25	-	-0.06	-

Yuhuan CNC Machine Tool 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 ¥-3.3 Mil.

Yuhuan CNC Machine Tool Co (SZSE:002903) 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.

Yuhuan CNC Machine Tool Co's Interest Expense for the three months ended in Mar. 2024 was ¥0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥9.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.0 Mil.

Yuhuan CNC Machine Tool Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Yuhuan CNC Machine Tool Co had no long-term debt ⁽¹⁾.

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

Yuhuan CNC Machine Tool Co (SZSE:002903) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yuhuan CNC Machine Tool Co Ltd (SZSE:002903) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 9 Yongyang Road, Liuyang manufacturing industry base, Hunan Province, Changsha, CHN, 410323

Website

http://www.yh-cn.com

Yuhuan CNC Machine Tool Co Ltd is specialized in the research and development, production, sales and service of CNC grinding equipment, polishing machines and intelligent equipment products. The company's products are widely used in automotive, IT electronic, military, and aerospace, shipbuilding, bearings, seals, household appliances, and other key areas of the national economy.

Executives

Xu Liang	Directors, executives
Peng Guan Qing	Executives
Xu Yan Ming	Directors, executives
Xu Shi Xiong	Director
Zheng Ben Ming	Supervisors
Yi Xin	Directors, executives
Yang Ren Dong	Executives

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