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Xuzhou Handler Special Vehicle Co (SZSE:300201) Interest Expense : ¥-7 Mil (TTM As of Mar. 2024)


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What is Xuzhou Handler Special Vehicle Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xuzhou Handler Special Vehicle Co's interest expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-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. Xuzhou Handler Special Vehicle Co's Operating Income for the three months ended in Mar. 2024 was ¥ 17 Mil. Xuzhou Handler Special Vehicle Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Xuzhou Handler Special Vehicle Co's Interest Coverage for the quarter that ended in Mar. 2024 was 12.21. 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.

Xuzhou Handler Special Vehicle Co Interest Expense Historical Data

The historical data trend for Xuzhou Handler Special Vehicle 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.

Xuzhou Handler Special Vehicle Co Interest Expense Chart

Xuzhou Handler Special Vehicle 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 -45.79 -37.47 -17.46 -7.97 -6.35

Xuzhou Handler Special Vehicle 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 -0.70 -1.11 -1.20 -3.34 -1.38

Xuzhou Handler Special Vehicle 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 ¥-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.

Xuzhou Handler Special Vehicle Co  (SZSE:300201) 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.

Xuzhou Handler Special Vehicle Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0 Mil.

Xuzhou Handler Special Vehicle 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*16.886/-1.383
=12.21

* 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.

Xuzhou Handler Special Vehicle Co (SZSE:300201) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xuzhou Handler Special Vehicle Co Ltd (SZSE:300201) » Definitions » Interest Expense
Comparable Companies
SHSE:600545 SZSE:002801 SHSE:605060 SHSE:688121 SHSE:688160 SHSE:688211 SHSE:603861 SZSE:301312 SZSE:000666 SZSE:000777 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
19 Luoshan Road, Economic Development Zone, Xuzhou, CHN, 221004
Website
http://www.xzhlz.com
Xuzhou Handler Special Vehicle Co Ltd is engaged in the research and development, production and sales of vehicle-mounted mobile elevating work platforms and electric power supporting vehicles in China. Its product includes vehicle-mounted mobile elevating work platform; electric power supporting vehicles; fire trucks; fire robots; LED intelligent power products; robot integrated applications; and robot education, as well as customization products.

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