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Jilin Jinguan Electric Co (SZSE:300510) Interest Expense : ¥-23 Mil (TTM As of Sep. 2024)


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What is Jilin Jinguan Electric Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jilin Jinguan Electric Co's interest expense for the three months ended in Sep. 2024 was ¥ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-23 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. Jilin Jinguan Electric Co's Operating Income for the three months ended in Sep. 2024 was ¥ -2 Mil. Jilin Jinguan Electric Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -5 Mil. Jilin Jinguan Electric 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.


Jilin Jinguan Electric Co Interest Expense Historical Data

The historical data trend for Jilin Jinguan Electric 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.

Jilin Jinguan Electric Co Interest Expense Chart

Jilin Jinguan Electric 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 -20.13 -19.29 -9.63 -14.24 -20.28

Jilin Jinguan Electric 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 -5.13 -6.49 -5.45 -5.76 -4.84

Jilin Jinguan Electric 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 ¥-23 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.


Jilin Jinguan Electric Co  (SZSE:300510) 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.

Jilin Jinguan Electric Co's Interest Expense for the three months ended in Sep. 2024 was ¥-5 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥-2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥102 Mil.

Jilin Jinguan Electric Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Jilin Jinguan Electric Co did not have earnings to cover the interest expense.

* 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.


Jilin Jinguan Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No 4 Yanshou Road, Shuangyang Economic Development Zone, Jilin Province, Changchun, CHN, 130600
Jilin Jinguan Electric Co Ltd engages in the research and development, manufacture, and sale of intelligent electrical switchgear and distribution equipment components. Its products include ring network switching equipment, high voltage equipment, medium voltage switchgear series, substations, low-voltage equipment, and cable accessories. In addition, it offers a smart grid system, municipal engineering system, energy and chemical system, rail transit system, and international cooperation solutions.
Executives
Xu Hai Bin Executives
Xu Hai Tao Director
Sun Yi Bing Director
Xu Wei Dong Independent director
Xu Hai Jiang Directors, Directors, and Executives
Zhao Hong Yun Directors, executives

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