Zhuzhou Hongda Electronics (SZSE:300726) Interest Expense : ¥-1 Mil (TTM As of Sep. 2024)

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

What is Zhuzhou Hongda Electronics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhuzhou Hongda Electronics's interest expense for the three months ended in Sep. 2024 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-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. Zhuzhou Hongda Electronics's Operating Income for the three months ended in Sep. 2024 was ¥ 147 Mil. Zhuzhou Hongda Electronics's Interest Expense for the three months ended in Sep. 2024 was ¥ -0 Mil. Zhuzhou Hongda Electronics's Interest Coverage for the quarter that ended in Sep. 2024 was 756.07. 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.

Zhuzhou Hongda Electronics Interest Expense Historical Data

The historical data trend for Zhuzhou Hongda Electronics'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.

Zhuzhou Hongda Electronics Interest Expense Chart

Zhuzhou Hongda Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.11

-0.66

-0.71

-0.83

-0.99

Zhuzhou Hongda Electronics 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															-0.32	-0.10	-0.21	-0.21	-0.20

Zhuzhou Hongda Electronics 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 ¥-1 Mil.

Zhuzhou Hongda Electronics (SZSE:300726) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Zhuzhou Hongda Electronics's Interest Expense for the three months ended in Sep. 2024 was ¥-0 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥147 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥2 Mil.

Zhuzhou Hongda Electronics'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	*	147.434	/	-0.195
	=	756.07

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. Zhuzhou Hongda Electronics Corp Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Zhuzhou Hongda Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zhuzhou Hongda Electronics Corp Ltd (SZSE:300726) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1297 Xinhua East Road, Hetang District, Hunan Province, Zhuzhou, CHN, 412000

Website

http://www.hongdacap.com.cn

Zhuzhou Hongda Electronics Corp Ltd is engaged in the research and development, production, sales and service of electronic components and circuit modules. The company's main products include electronic components, power modules, IF converters, and other products. Its products are widely used in aircraft, vehicles, ships, radars, electronics and other fields, as well as smart phones, industrial control equipment, medical equipment, charging piles, notebook computers, instrumentation, automotive electronics, and other fields.

Executives

Zhong Shao Qing

Executives

Zhuzhou Hongda Electronics Headlines

No Headlines