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Ningbo Bohui Chemical Technology Co (SZSE:300839) Interest Expense : ¥-49 Mil (TTM As of Mar. 2024)


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What is Ningbo Bohui Chemical Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ningbo Bohui Chemical Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-49 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. Ningbo Bohui Chemical Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -40 Mil. Ningbo Bohui Chemical Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -13 Mil. Ningbo Bohui Chemical Technology 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.


Ningbo Bohui Chemical Technology Co Interest Expense Historical Data

The historical data trend for Ningbo Bohui Chemical Technology 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.

Ningbo Bohui Chemical Technology Co Interest Expense Chart

Ningbo Bohui Chemical Technology 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 -4.12 -11.08 -23.16 -33.54 -41.53

Ningbo Bohui Chemical Technology 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 -5.08 -15.18 -12.11 -9.17 -12.66

Ningbo Bohui Chemical Technology 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 ¥-49 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.


Ningbo Bohui Chemical Technology Co  (SZSE:300839) 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.

Ningbo Bohui Chemical Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-13 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥721 Mil.

Ningbo Bohui Chemical Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Ningbo Bohui Chemical Technology 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.


Ningbo Bohui Chemical Technology Co (SZSE:300839) Business Description

Traded in Other Exchanges
N/A
Address
No.199 Taixing Road, Petrochemical Economic and Technological Development Zone, Zhejiang Province, Ningbo, CHN, 315207
Ningbo Bohui Chemical Technology Co Ltd is engaged in research, development, production and sales of heavy aromatic hydrocarbon series products and light fuel oil. The company uses extraction technology and uses fuel oil as a raw material for deep processing, extending the industrial chain, increasing the added value of fuel oil, and turning it into waste. It produces and sells aromatic hydrocarbon series products such as rubber additives, plastic additives, asphalt additives, lubricant additives, and light fuel oil. Its application scope of products mainly covers the fields of rubber processing, asphalt processing and lubricating oil processing.

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