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China Harzone Industry (SZSE:300527) Interest Expense : ¥-20.2 Mil (TTM As of Sep. 2024)


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What is China Harzone Industry Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Harzone Industry's interest expense for the three months ended in Sep. 2024 was ¥ -5.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-20.2 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. China Harzone Industry's Operating Income for the three months ended in Sep. 2024 was ¥ 12.0 Mil. China Harzone Industry's Interest Expense for the three months ended in Sep. 2024 was ¥ -5.0 Mil. China Harzone Industry's Interest Coverage for the quarter that ended in Sep. 2024 was 2.42. 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.

China Harzone Industry Interest Expense Historical Data

The historical data trend for China Harzone Industry'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.

China Harzone Industry Interest Expense Chart

China Harzone Industry 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 -20.02 -14.35 -20.16 -20.14 -20.11

China Harzone Industry 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 -4.77 -5.25 -4.87 -5.07 -4.97

China Harzone Industry 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 ¥-20.2 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.

China Harzone Industry  (SZSE:300527) 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.

China Harzone Industry's Interest Expense for the three months ended in Sep. 2024 was ¥-5.0 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥12.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥339.6 Mil.

China Harzone Industry'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*12.009/-4.972
=2.42

* 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.

China Harzone Industry Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Harzone Industry Corp Ltd (SZSE:300527) » Definitions » Interest Expense
Comparable Companies
SZSE:300382 SZSE:300222 SHSE:688305 SZSE:300293 SZSE:301392 SZSE:301325 SZSE:002833 SHSE:600169 SZSE:000922 SZSE:000821 XTER:SIE XPAR:SU ETN PH OSTO:ATCO A ITW EMR TSE:7011 XTER:ENR CMI
Traded in Other Exchanges
N/A
Address
No.5 Yangguang Street, Miaoshan Development Zone, Jiangxia District, Wuhan, Hubei, CHN, 430223
Website
http://www.harzone.com.cn
China Harzone Industry Corp Ltd is engaged in the research and manufacturing of emergency traffic engineering equipment. It offers emergency traffic equipment and products for army battles and rescue and relief work. The company also provides traffic solutions and services for the construction of civil projects. The business and products of the company involve four fields, namely emergency traffic engineering equipment, special purpose equipment, special purpose vehicles and project contracting. Its products are floating bridges, mobile wharfs, mechanized bridges, large-span rapid bridges, rapid pavement, girders for railway recovery, assembled highway steel bridges, and others. The company sells its products in China and also exports it to the other international countries.
Executives
Yu Ya Ping Executives
Yang Yuan Feng Supervisors

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