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Shandong Nanshan Fashion Sci-Tech Co (SZSE:300918) Interest Expense : ¥-29 Mil (TTM As of Mar. 2024)


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What is Shandong Nanshan Fashion Sci-Tech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shandong Nanshan Fashion Sci-Tech Co's interest expense for the three months ended in Mar. 2024 was ¥ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-29 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. Shandong Nanshan Fashion Sci-Tech Co's Operating Income for the three months ended in Mar. 2024 was ¥ 61 Mil. Shandong Nanshan Fashion Sci-Tech Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -10 Mil. Shandong Nanshan Fashion Sci-Tech Co's Interest Coverage for the quarter that ended in Mar. 2024 was 5.90. 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.

Shandong Nanshan Fashion Sci-Tech Co Interest Expense Historical Data

The historical data trend for Shandong Nanshan Fashion Sci-Tech 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.

Shandong Nanshan Fashion Sci-Tech Co Interest Expense Chart

Shandong Nanshan Fashion Sci-Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -83.29 -17.98 -14.12 -20.90 -24.65

Shandong Nanshan Fashion Sci-Tech Co Quarterly Data
Dec18 Jun19 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 -5.48 -6.56 -2.80 -9.81 -10.31

Shandong Nanshan Fashion Sci-Tech 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 ¥-29 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.

Shandong Nanshan Fashion Sci-Tech Co  (SZSE:300918) 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.

Shandong Nanshan Fashion Sci-Tech Co's Interest Expense for the three months ended in Mar. 2024 was ¥-10 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥61 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥621 Mil.

Shandong Nanshan Fashion Sci-Tech Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*60.833/-10.306
=5.90

* 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.

Shandong Nanshan Fashion Sci-Tech Co (SZSE:300918) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shandong Nanshan Fashion Sci-Tech Co Ltd (SZSE:300918) » Definitions » Interest Expense
Comparable Companies
SZSE:002083 SHSE:601599 SHSE:601113 SHSE:605138 SHSE:603365 SHSE:600220 SHSE:605006 SZSE:000850 SHSE:600630 SZSE:002674 HKSE:02313 SHSE:600346 SZSE:000301 IST:SASA TSE:3402 TPE:1402 SHSE:601233 BOM:532889 SHSE:600295 AIN
Traded in Other Exchanges
N/A
Address
Nanshan Industrial Park, Dongjiang Town, Longkou, Shandong Province, Yantai, CHN, 265706
Website
http://www.nanshanchina.com
Shandong Nanshan Fashion Sci-Tech Co Ltd is engaged in the research and development, design, production and sales of worsted woolen cloth, formal wear and protective products. The company has a complete wool textile and apparel industry chain, covering a worsted woolen cloth business system integrating fabric research and development, top processing, dyeing, spinning, weaving, and finishing, as well as integrated clothing research and development, design, manufacturing, and brand operation.

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