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Jiangsu Yida Chemical Co (SZSE:300721) Interest Expense : ¥-46 Mil (TTM As of Sep. 2024)


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What is Jiangsu Yida Chemical Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangsu Yida Chemical Co's interest expense for the three months ended in Sep. 2024 was ¥ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-46 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 Yida Chemical Co's Operating Income for the three months ended in Sep. 2024 was ¥ 9 Mil. Jiangsu Yida Chemical Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -10 Mil. Jiangsu Yida Chemical Co's Interest Coverage for the quarter that ended in Sep. 2024 was 0.83. 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 Yida Chemical Co Interest Expense Historical Data

The historical data trend for Jiangsu Yida Chemical 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 Yida Chemical Co Interest Expense Chart

Jiangsu Yida Chemical 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 -17.40 -23.85 -25.67 -36.66 -48.21

Jiangsu Yida Chemical 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 -12.33 -12.16 -11.52 -11.51 -10.37

Jiangsu Yida Chemical 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 ¥-46 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 Yida Chemical Co  (SZSE:300721) 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 Yida Chemical Co's Interest Expense for the three months ended in Sep. 2024 was ¥-10 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥60 Mil.

Jiangsu Yida Chemical 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*8.628/-10.374
=0.83

* 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 Yida Chemical Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Yida Chemical Co Ltd (SZSE:300721) » Definitions » Interest Expense
Comparable Companies
SHSE:603188 SZSE:300305 SZSE:002909 SHSE:688129 BJSE:832469 SHSE:603041 SZSE:301283 SZSE:300437 SZSE:002998 SHSE:603968 LIN XPAR:AI SHW ECL APD ISX:TPIA XSWX:SIKA XSWX:GIVN DD SHSE:600309
Traded in Other Exchanges
N/A
Address
No.1 Qiuzhuang, Xishiqiao, Jiangsu, Jiangyin, CHN, 214441
Website
http://www.yidachem.com
Jiangsu Yida Chemical Co Ltd is engaged in the manufacture of chemical products. The company is involved in the business of research and development, production and sales of alcohol ether and alcohol ether ester organic chemical products. In addition, its products have applications in coatings, ink, electronics, carbon tetrachloride, automotive brake fluid, pesticides, medicine, printing, cleaning agents, household chemicals, and other industries.
Executives
Cai Guo Qing Directors, Directors, and Executives
Wu Xun Executives
Xu Gang Executives
Sun Yin Fen Directors, executives
Gao Hua Executives
Sun Jie Securities Affairs Representative
Liu Feng Executives
Ke Ya Fen Executives

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