GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Gaona Aero Material Co Ltd (SZSE:300034) » Definitions » Interest Expense

Gaona Aero Material Co (SZSE:300034) Interest Expense : ¥-26 Mil (TTM As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Gaona Aero Material Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gaona Aero Material Co's interest expense for the three months ended in Sep. 2024 was ¥ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-26 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. Gaona Aero Material Co's Operating Income for the three months ended in Sep. 2024 was ¥ 101 Mil. Gaona Aero Material Co's Interest Expense for the three months ended in Sep. 2024 was ¥ 0 Mil. Gaona Aero Material Co did not have earnings to cover the interest expense. 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.

Gaona Aero Material Co Interest Expense Historical Data

The historical data trend for Gaona Aero Material 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.

Gaona Aero Material Co Interest Expense Chart

Gaona Aero Material 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 -8.02 -8.78 -11.26 -27.64 -28.05

Gaona Aero Material 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 -7.19 -7.98 -5.18 -12.87 0.41

Gaona Aero Material 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 ¥-26 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.

Gaona Aero Material Co  (SZSE:300034) 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.

Gaona Aero Material Co's Interest Expense for the three months ended in Sep. 2024 was ¥0 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥101 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥419 Mil.

Gaona Aero Material Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

* 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.

Gaona Aero Material Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Gaona Aero Material Co Ltd (SZSE:300034) » Definitions » Interest Expense
Comparable Companies
SZSE:300775 SZSE:300045 SHSE:688281 SZSE:300008 SZSE:301592 SZSE:300053 SHSE:600967 SHSE:688543 SHSE:601606 SZSE:002985 GE RTX XPAR:AIR BA XPAR:SAF LMT LSE:RR. TDG NOC GD
Traded in Other Exchanges
N/A
Address
No. 19 Daliushu South Village, Haidian District, Beijing, Beijing, CHN, 100081
Website
http://www.cisri-gaona.com.cn
Gaona Aero Material Co Ltd is engaged in the research and development, production, and sales of high-temperature materials in aerospace materials. The products of the company include casting alloy products, deformed alloy products which include high-temperature alloy bar, superalloy pipe, powder alloy products which include powder superalloy forgings, and special alloy products which include oxide dispersion strengthening series, friction plate, and porous foam products.
Executives
Yang Jie Executives
Cai Xiao Bao Directors, executives
Zhou Qian Executives
Yin Fa Jie Executives
Zhang Ji Executives
Shao Chong Directors, executives
Ma Hong Jun Securities Affairs Representative
Zhao Ming Han Director
Xu Ruo Gang Supervisors
Ma Zhang Lin Executives
Xu Hong Gui Directors, executives, securities affairs represen
Wang Chen Director

Gaona Aero Material Co Headlines

No Headlines