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Jiangsu Pacific Precision Forging Co (SZSE:300258) Interest Expense : ¥-79 Mil (TTM As of Sep. 2024)


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What is Jiangsu Pacific Precision Forging Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangsu Pacific Precision Forging Co's interest expense for the three months ended in Sep. 2024 was ¥ -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-79 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. Jiangsu Pacific Precision Forging Co's Operating Income for the three months ended in Sep. 2024 was ¥ 48 Mil. Jiangsu Pacific Precision Forging Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -23 Mil. Jiangsu Pacific Precision Forging Co's Interest Coverage for the quarter that ended in Sep. 2024 was 2.12. 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.

Jiangsu Pacific Precision Forging Co Interest Expense Historical Data

The historical data trend for Jiangsu Pacific Precision Forging 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.

Jiangsu Pacific Precision Forging Co Interest Expense Chart

Jiangsu Pacific Precision Forging 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 -24.92 -35.23 -37.13 -43.48 -67.19

Jiangsu Pacific Precision Forging 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 -19.88 -19.15 -17.61 -20.09 -22.53

Jiangsu Pacific Precision Forging 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 ¥-79 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.

Jiangsu Pacific Precision Forging Co  (SZSE:300258) 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.

Jiangsu Pacific Precision Forging Co's Interest Expense for the three months ended in Sep. 2024 was ¥-23 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥48 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥1,323 Mil.

Jiangsu Pacific Precision Forging Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*47.769/-22.529
=2.12

* 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.

Jiangsu Pacific Precision Forging Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiangsu Pacific Precision Forging Co Ltd (SZSE:300258) » Definitions » Interest Expense
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SZSE:300893 SZSE:002516 SHSE:605319 SZSE:000589 SZSE:300151 SHSE:600501 SZSE:002283 SHSE:600081 SZSE:002703 SHSE:603950 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XKRX:012330 GPC XTER:KBX XTER:CON SHSE:601689 APTV
Traded in Other Exchanges
N/A
Address
No.198 Shuangdeng Avenue, Jiangyan zone, Jiangsu Province, Taizhou, CHN, 225500
Website
http://www.ppforging.com
Jiangsu Pacific Precision Forging Co Ltd is a China based company engaged in the development, production and distribution of auto precision forging gears and other precision forgings. The product portfolio of the company includes bevel gear, monoblock, axis, and shaped pieces.
Executives
Yin Xiao Lin Supervisors
Xia Han Guan Directors, executives
Dong Yi Directors, executives
Lin Ai Lan Executives
Zhao Hong Jun Executives
Zhou Wen Long Director
Zhu Zheng Bin Directors, executives
Qian Hou Gang Supervisors
Wang Sheng Tang Independent director

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