Miracll Chemicals Co (SZSE:300848) Interest Expense : ¥-12 Mil (TTM As of Mar. 2025)

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What is Miracll Chemicals Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Miracll Chemicals Co's interest expense for the three months ended in Mar. 2025 was ¥ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-12 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. Miracll Chemicals Co's Operating Income for the three months ended in Mar. 2025 was ¥ 30 Mil. Miracll Chemicals Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -4 Mil. Miracll Chemicals Co's Interest Coverage for the quarter that ended in Mar. 2025 was 6.67. 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.

Miracll Chemicals Co Interest Expense Historical Data

The historical data trend for Miracll Chemicals 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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Miracll Chemicals Co Interest Expense Chart

Miracll Chemicals Co Annual Data

Trend

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.16

-3.94

-5.52

-6.93

-9.01

Miracll Chemicals Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-1.65	-1.95	-2.91	-2.50	-4.47

Miracll Chemicals 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-12 Mil.

Miracll Chemicals Co (SZSE:300848) 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.

Miracll Chemicals Co's Interest Expense for the three months ended in Mar. 2025 was ¥-4 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥934 Mil.

Miracll Chemicals Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	29.809	/	-4.471
	=	6.67

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

Miracll Chemicals Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Miracll Chemicals Co Ltd (SZSE:300848) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, Changsha Street, Development Zone, Shandong Province, Yantai, CHN, 264006

Website

http://www.miracll.com

Miracll Chemicals Co Ltd is engaged in production and sales of thermoplastic polyurethane elastomer (TPU). The company's products include Mirathane E; M; L;C; H; A; F; S; V; I; G series; Mirathane Modified; PEBA Series; PBA series; PEA series; and PHA Series.

Executives

Ren Guang Lei	Director
Zhang Sheng	Directors, executives

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