GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Longtech Smart Control Co Ltd (SZSE:300916) » Definitions » Interest Expense

Shenzhen Longtech Smart Control Co (SZSE:300916) Interest Expense : ¥-3 Mil (TTM As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is Shenzhen Longtech Smart Control Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Longtech Smart Control Co's interest expense for the three months ended in Mar. 2025 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-3 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 Longtech Smart Control Co's Operating Income for the three months ended in Mar. 2025 was ¥ 34 Mil. Shenzhen Longtech Smart Control Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -0 Mil. Shenzhen Longtech Smart Control Co's Interest Coverage for the quarter that ended in Mar. 2025 was 86.78. 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 Longtech Smart Control Co Interest Expense Historical Data

The historical data trend for Shenzhen Longtech Smart Control 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 Longtech Smart Control Co Interest Expense Chart

Shenzhen Longtech Smart Control Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.32 -2.46 -4.54 -6.49 -3.70

Shenzhen Longtech Smart Control 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 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 -1.35 -1.00 -0.88 -0.46 -0.39

Shenzhen Longtech Smart Control 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 ¥-3 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 Longtech Smart Control Co  (SZSE:300916) 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 Longtech Smart Control Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥10 Mil.

Shenzhen Longtech Smart Control 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*33.932/-0.391
=86.78

* 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. Shenzhen Longtech Smart Control Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Shenzhen Longtech Smart Control Co Business Description

Traded in Other Exchanges
N/A
Address
Nandong Donghuan Road, Xinqiao Street, 1st to 4th Floor, Building 3, Zhengfeng Industrial Park, Huangpu Community, Baoan District, Guangdong Province, Shenzhen, CHN, 518125
Shenzhen Longtech Smart Control Co Ltd is engaged in the design, production and sales of smart controllers and smart products. It provides professional solutions for various smart controller products in the fields of smart home, home appliances, and automotive electronics. high-tech enterprises.
Executives
Gou Xing Rong Supervisors

Shenzhen Longtech Smart Control Co Headlines

No Headlines