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Sichuan Dowell Science and Technology (SZSE:300535) Interest Expense : ¥-9.1 Mil (TTM As of Mar. 2024)


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What is Sichuan Dowell Science and Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sichuan Dowell Science and Technology's interest expense for the three months ended in Mar. 2024 was ¥ -2.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-9.1 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. Sichuan Dowell Science and Technology's Operating Income for the three months ended in Mar. 2024 was ¥ 17.0 Mil. Sichuan Dowell Science and Technology's Interest Expense for the three months ended in Mar. 2024 was ¥ -2.7 Mil. Sichuan Dowell Science and Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 6.29. 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.


Sichuan Dowell Science and Technology Interest Expense Historical Data

The historical data trend for Sichuan Dowell Science and Technology'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.

Sichuan Dowell Science and Technology Interest Expense Chart

Sichuan Dowell Science and Technology 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 -0.01 -0.95 -4.33 -6.54 -8.43

Sichuan Dowell Science and Technology 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 -1.99 -1.93 -1.95 -2.57 -2.70

Sichuan Dowell Science and Technology 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 ¥-9.1 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.


Sichuan Dowell Science and Technology  (SZSE:300535) 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.

Sichuan Dowell Science and Technology's Interest Expense for the three months ended in Mar. 2024 was ¥-2.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥17.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.0 Mil.

Sichuan Dowell Science and Technology'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*17.001/-2.702
=6.29

* 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.


Sichuan Dowell Science and Technology (SZSE:300535) Business Description

Traded in Other Exchanges
N/A
Address
No. 89, South Road, Xinyuan, Singapore Industrial Park, High-tech Zone, Sichuan, Chengdu, CHN
Sichuan Dowell Science and Technology Inc is a China based manufacturer and engaged in research and development, production and sale of chemicals. It offers products such as cleaning leather materials, leather functional additives, finishing materials, coating materials, and colorant.
Executives
Luo Mei Executives
Li Hong Directors, Directors, and Executives
Yan Jian Lin Directors, executives
Xie Jing Supervisors
Ceng Xiao Lin Directors, executives

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