Shenzhen Etmade Automatic Equipment Co (SZSE:300812) Interest Expense : ¥-2.4 Mil (TTM As of Sep. 2024)

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What is Shenzhen Etmade Automatic Equipment Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Etmade Automatic Equipment Co's interest expense for the three months ended in Sep. 2024 was ¥ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-2.4 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. Shenzhen Etmade Automatic Equipment Co's Operating Income for the three months ended in Sep. 2024 was ¥ 30.6 Mil. Shenzhen Etmade Automatic Equipment Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -0.5 Mil. Shenzhen Etmade Automatic Equipment Co's Interest Coverage for the quarter that ended in Sep. 2024 was 61.37. 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.

Shenzhen Etmade Automatic Equipment Co Interest Expense Historical Data

The historical data trend for Shenzhen Etmade Automatic Equipment 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.

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Shenzhen Etmade Automatic Equipment Co Interest Expense Chart

Shenzhen Etmade Automatic Equipment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.24

-0.31

-1.69

-1.45

-1.19

Shenzhen Etmade Automatic Equipment 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															0.04	-0.89	-0.31	-0.69	-0.50

Shenzhen Etmade Automatic Equipment 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 ¥-2.4 Mil.

Shenzhen Etmade Automatic Equipment Co (SZSE:300812) 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.

Shenzhen Etmade Automatic Equipment Co's Interest Expense for the three months ended in Sep. 2024 was ¥-0.5 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥30.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥8.8 Mil.

Shenzhen Etmade Automatic Equipment 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	*	30.562	/	-0.498
	=	61.37

The higher the ratio, the stronger the company's financial strength is.

Shenzhen Etmade Automatic Equipment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Etmade Automatic Equipment Co Ltd (SZSE:300812) » Definitions » Interest Expense

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Address

Shajing Street, The first building of West Industrial Park, Dawangshan Community, Baoan District, Guangdong, Shenzhen, CHN

Website

http://etmade.com

Shenzhen Etmade Automatic Equipment Co Ltd is a manufacturer of specialized domestic electronics special robotic equipments. The company sells bonding machines, chip mounters, and electronic peripherals; LCD equipment, testing equipment, and automation equipment.

Executives

Chen Hui Dong	Executives
Gao Jun Peng	Directors, executives
Hu Jing Lin	Director
Chai Ming Hua	Director
Liu Quan	Executives
Wan Xiao Feng	Directors, executives
Kang Hong Gang	Directors, executives
Xu Lai	Supervisors
Chen Fei	Directors, Directors, and Executives

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