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Improve Medical Instruments Co (SZSE:300030) Interest Expense : ¥-10.7 Mil (TTM As of Mar. 2025)


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What is Improve Medical Instruments Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Improve Medical Instruments Co's interest expense for the three months ended in Mar. 2025 was ¥ -1.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-10.7 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. Improve Medical Instruments Co's Operating Income for the three months ended in Mar. 2025 was ¥ 4.8 Mil. Improve Medical Instruments Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -1.7 Mil. Improve Medical Instruments Co's Interest Coverage for the quarter that ended in Mar. 2025 was 2.74. 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.

Improve Medical Instruments Co Interest Expense Historical Data

The historical data trend for Improve Medical Instruments 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.

Improve Medical Instruments Co Interest Expense Chart

Improve Medical Instruments Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.69 -25.44 -19.70 -16.56 -11.09

Improve Medical Instruments Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -2.08 -4.84 -2.37 -1.80 -1.73

Improve Medical Instruments 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-10.7 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.

Improve Medical Instruments Co  (SZSE:300030) 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.

Improve Medical Instruments Co's Interest Expense for the three months ended in Mar. 2025 was ¥-1.7 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥4.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥51.5 Mil.

Improve Medical Instruments Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*4.758/-1.734
=2.74

* 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.

Improve Medical Instruments Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Improve Medical Instruments Co Ltd (SZSE:300030) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No.102 Kaiyuan Avenue, Science City, Luogang District, Guangdong, Guangzhou, CHN, 510530
Website
http://www.improve-medical.com
Improve Medical Instruments Co Ltd, formerly Guangzhou Improve Medical Instruments Co Ltd is engaged in providing medical device product platform and medical services. The business of the company includes clinical laboratory specimen solutions, clinical laboratory diagnosis, imaging diagnosis, health management, and hospital digital overall solutions.
Executives
Deng Guan Hua Directors, executives
Tian Ke Executives
Li Zhuo Director
Xie Shi Song Independent director
Qian Chuan Rong Executives
Lian Qing Ming Director
Shen Yi Shan Director
Shen Zi Yu Director
Zheng Gui Hua Secretary Dong
Xu Li Xin Executives
Yan Hong Yu Directors, executives
Yu Xiu An Supervisors
Yang Li Supervisors
Zhao Ji Qing Director
Ma Hai Bo Executives

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