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Shenzhen Etmade Automatic Equipment Co (SZSE:300812) Interest Expense : ¥-1.9 Mil (TTM As of Jun. 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 Jun. 2024 was ¥ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-1.9 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 Jun. 2024 was ¥ -15.2 Mil. Shenzhen Etmade Automatic Equipment Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -0.7 Mil. Shenzhen Etmade Automatic Equipment Co did not have earnings to cover the interest expense. 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.

* Premium members only.

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
Get a 7-Day Free Trial Premium Member Only -0.24 -0.31 -1.69 -1.45 -1.19

Shenzhen Etmade Automatic Equipment Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.20 0.04 -0.89 -0.31 -0.69

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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1.9 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.

Shenzhen Etmade Automatic Equipment Co  (SZSE:300812) 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.

Shenzhen Etmade Automatic Equipment Co's Interest Expense for the three months ended in Jun. 2024 was ¥-0.7 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥-15.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥9.5 Mil.

Shenzhen Etmade Automatic Equipment Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Shenzhen Etmade Automatic Equipment Co did not have earnings to cover the interest expense.

* 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.

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
Comparable Companies
SHSE:600520 SHSE:603282 SHSE:600579 SHSE:601956 SHSE:688558 SZSE:300092 SZSE:300853 SZSE:301548 SZSE:002686 SZSE:001332 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
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
Wan Xiao Feng Directors, executives
Kang Hong Gang Directors, executives
Xu Lai Supervisors
Chen Fei Directors, Directors, and Executives

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