GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Jianglong Shipbuilding Co Ltd (SZSE:300589) » Definitions » Interest Expense

Jianglong Shipbuilding Co (SZSE:300589) Interest Expense : ¥-0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Jianglong Shipbuilding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jianglong Shipbuilding Co's interest expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-0 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. Jianglong Shipbuilding Co's Operating Income for the three months ended in Mar. 2024 was ¥ 21 Mil. Jianglong Shipbuilding Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Jianglong Shipbuilding Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2,310.00. 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.

Jianglong Shipbuilding Co Interest Expense Historical Data

The historical data trend for Jianglong Shipbuilding 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.

Jianglong Shipbuilding Co Interest Expense Chart

Jianglong Shipbuilding 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 -4.99 -5.57 -4.08 -0.58 -0.44

Jianglong Shipbuilding Co 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 -0.05 -0.02 -0.22 -0.14 -0.01

Jianglong Shipbuilding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0 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.

Jianglong Shipbuilding Co  (SZSE:300589) 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.

Jianglong Shipbuilding Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0 Mil.

Jianglong Shipbuilding Co'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*20.79/-0.009
=2,310.00

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Jianglong Shipbuilding Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Jianglong Shipbuilding Co (SZSE:300589) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Jianglong Shipbuilding Co Ltd (SZSE:300589) » Definitions » Interest Expense
Comparable Companies
SZSE:300900 SZSE:002977 SZSE:300696 SHSE:688084 SHSE:688510 SZSE:300397 SZSE:300581 SHSE:688788 SZSE:300324 SHSE:600391 RTX LMT BA XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX
Traded in Other Exchanges
N/A
Address
No.1 Guizhu Road, Jianglong Boat Science and Technology Park, Shenwan Town, Guangdong Province, Zhongshan, CHN, 528462
Website
http://en.jianglong.cn
Jianglong Shipbuilding Co Ltd manufactures and sells various yachts and boats. It is engaged in design, research and development, manufacturing and sales of patrol boats, tourism leisure boats and passenger boats, which are made of steel, aluminum alloy, fiberglass and composite materials. The company's products include fiberglass luxury yachts, patrol boats, tourist passenger boats, fishing vessels, and Passenger boat.
Executives
Zhao Sheng Hua Director
Tan Yong Can Executives
Yan Zhi Qing Directors, executives
Xia Gang Director
Gong Zhong Ying Director
He Wen Jun Directors, executives
Cheng Jue Hao Independent director

Jianglong Shipbuilding Co (SZSE:300589) Headlines

No Headlines