Guangdong Tloong Technology Group Co (SZSE:300063) Interest Expense : ¥-29 Mil (TTM As of Mar. 2024)

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What is Guangdong Tloong Technology Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Tloong Technology Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-29 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 Tloong Technology Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 28 Mil. Guangdong Tloong Technology Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -7 Mil. Guangdong Tloong Technology Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.16. 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 Tloong Technology Group Co Interest Expense Historical Data

The historical data trend for Guangdong Tloong Technology Group 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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Guangdong Tloong Technology Group Co Interest Expense Chart

Guangdong Tloong Technology Group Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-36.70

-35.93

-4.16

-33.84

-30.09

Guangdong Tloong Technology Group 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															-8.12	-8.14	-7.46	-6.37	-6.65

Guangdong Tloong Technology Group 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 ¥-29 Mil.

Guangdong Tloong Technology Group Co (SZSE:300063) 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.

Guangdong Tloong Technology Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥123 Mil.

Guangdong Tloong Technology Group 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	*	27.711	/	-6.654
	=	4.16

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

Guangdong Tloong Technology Group Co (SZSE:300063) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangdong Tloong Technology Group Co Ltd (SZSE:300063) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jingdu industrial park, Zhaoqing, Guangdong, CHN, 526108

Website

http://www.tlym.cn

Guangdong Tloong Technology Group Co Ltd, formerly Guangdong Sky Dragon Printing Ink Group Co Ltd is engaged in research and development, production, and sales of friendly inks, printing varnish, solvent inks, and acrylic resins. The solutions provided by the company include flexo ink, gravure ink, varnish, acrylic, and automatic color.

Executives

Chen Dong Yang	Directors, executives
Wang Jing	Directors, executives
Wang Na	Executives
Mei Qin	Directors, executives
Liao Xing	Director
Yao Song	Executives
Chen Tie Ping	Director
Feng Yi	Director
Feng Hua	Director
Feng Xin Ping	Executives
Li Guo Rong	Director
Li Si Ping	Director
Wang Da Tian	Executives
Feng Jun	Director

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