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Focused Photonics (Hangzhou) (SZSE:300203) Interest Expense : ¥-178 Mil (TTM As of Jun. 2024)


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What is Focused Photonics (Hangzhou) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Focused Photonics (Hangzhou)'s interest expense for the three months ended in Jun. 2024 was ¥ -50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-178 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. Focused Photonics (Hangzhou)'s Operating Income for the three months ended in Jun. 2024 was ¥ 113 Mil. Focused Photonics (Hangzhou)'s Interest Expense for the three months ended in Jun. 2024 was ¥ -50 Mil. Focused Photonics (Hangzhou)'s Interest Coverage for the quarter that ended in Jun. 2024 was 2.27. 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.


Focused Photonics (Hangzhou) Interest Expense Historical Data

The historical data trend for Focused Photonics (Hangzhou)'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.

Focused Photonics (Hangzhou) Interest Expense Chart

Focused Photonics (Hangzhou) 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 -116.84 -104.06 -0.29 -202.18 -179.64

Focused Photonics (Hangzhou) Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -49.91 -32.97 -59.06 -36.14 -50.00

Focused Photonics (Hangzhou) 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-178 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.


Focused Photonics (Hangzhou)  (SZSE:300203) 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.

Focused Photonics (Hangzhou)'s Interest Expense for the three months ended in Jun. 2024 was ¥-50 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥113 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥2,197 Mil.

Focused Photonics (Hangzhou)'s Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*113.383/-50
=2.27

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Focused Photonics (Hangzhou) Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Focused Photonics (Hangzhou) Business Description

Traded in Other Exchanges
N/A
Address
459 Qian'mo Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Focused Photonics (Hangzhou) Inc. is engaged in R&D, manufacture, and distribution of instruments which are widely used in safety monitoring and environmental protection. It measures gas, air, dust, and water. The company offers its products for use in marine, engine, refinery, chemical, natural gas, iron and steel, power plant, waste incineration, cement, and emission applications. Its products are well known in China and distributed worldwide.
Executives
Gu Hai Tao Director
Han Shuang Lai Directors, executives
Wei Jun Zheng Supervisors
Yao Na Xin Directors, executives
Wang Jian Directors, executives
Sun You Xian Independent director

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