COFCO Technology & Industry Co (SZSE:301058) Interest Expense : ¥-5 Mil (TTM As of Mar. 2025)

View and export this data going back to 2021. Start your Free Trial

What is COFCO Technology & Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. COFCO Technology & Industry Co's interest expense for the three months ended in Mar. 2025 was ¥ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-5 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. COFCO Technology & Industry Co's Operating Income for the three months ended in Mar. 2025 was ¥ 24 Mil. COFCO Technology & Industry Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -2 Mil. COFCO Technology & Industry Co's Interest Coverage for the quarter that ended in Mar. 2025 was 10.92. 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.

COFCO Technology & Industry Co Interest Expense Historical Data

The historical data trend for COFCO Technology & Industry 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.

COFCO Technology & Industry Co Interest Expense Chart

COFCO Technology & Industry Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-0.50

-0.27

-4.02

-4.08

-3.13

COFCO Technology & Industry 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															-0.65	-0.79	-1.33	-0.36	-2.19

COFCO Technology & Industry 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 ¥-5 Mil.

COFCO Technology & Industry Co (SZSE:301058) 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.

COFCO Technology & Industry Co's Interest Expense for the three months ended in Mar. 2025 was ¥-2 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥1 Mil.

COFCO Technology & Industry 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	*	23.957	/	-2.194
	=	10.92

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. COFCO Technology & Industry Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

COFCO Technology & Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » COFCO Technology & Industry Co Ltd (SZSE:301058) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

186 Huihe Road, Jiangsu Province, Wuxi, CHN, 214035

Website

http://www.cofcoet.com

COFCO Technology & Industry Co Ltd formerly COFCO Engineering Technology Co Ltd is a engineering service provider and equipment manufacturer in agricultural and food products and cold chain logistics industries. It provides domestic and foreign customers in the fields of wheat, rice, oil, corn, feed and grain logistics, agricultural product storage, cold chain storage logistics and other fields professional and high-quality full-process services such as delivery of mechanical and electrical engineering systems, general contracting of projects, and operation and maintenance.

COFCO Technology & Industry Co Headlines

No Headlines