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Ningbo Jianan Electronics Co (SZSE:300880) Interest Expense : ¥-0 Mil (TTM As of Sep. 2024)


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What is Ningbo Jianan Electronics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ningbo Jianan Electronics Co'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 ¥-0 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 Jianan Electronics Co's Operating Income for the three months ended in Sep. 2024 was ¥ 56 Mil. Ningbo Jianan Electronics Co's Interest Expense for the three months ended in Sep. 2024 was ¥ 0 Mil. Ningbo Jianan Electronics Co has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Ningbo Jianan Electronics Co Interest Expense Historical Data

The historical data trend for Ningbo Jianan Electronics 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 Jianan Electronics Co Interest Expense Chart

Ningbo Jianan Electronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.25 -0.15 -0.18 -0.15 -0.06

Ningbo Jianan Electronics 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 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 -0.03 -0.11 -0.06 -0.07 -

Ningbo Jianan Electronics 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 ¥-0 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 Jianan Electronics Co  (SZSE:300880) 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 Jianan Electronics Co'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 ¥56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥0 Mil.

Ningbo Jianan Electronics Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Ningbo Jianan Electronics Co had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ningbo Jianan Electronics Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Ningbo Jianan Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 315, Kaiyuan Road, Zhejiang Province, Cixi, CHN, 315336
Ningbo Jianan Electronics Co Ltd is engaged in production and sales of series products such as smart meters, electricity consumption information collection terminals and electric energy metering boxes. The company produces electric energy meters, electric energy metering boxes, utility meter reading systems and management terminals, distribution network automation equipment, power communication equipment, low-voltage electrical equipment, electronic tags and electronic tag readers, inverter power supplies, AC and DC power supplies, energy storage power supply equipment.

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