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Jiangsu Canopus Wisdom Medical Technology Co (SZSE:301290) Interest Expense : ¥-0.5 Mil (TTM As of Mar. 2025)


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What is Jiangsu Canopus Wisdom Medical Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangsu Canopus Wisdom Medical Technology Co's interest expense for the three months ended in Mar. 2025 was ¥ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-0.5 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. Jiangsu Canopus Wisdom Medical Technology Co's Operating Income for the three months ended in Mar. 2025 was ¥ 7.0 Mil. Jiangsu Canopus Wisdom Medical Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -0.2 Mil. Jiangsu Canopus Wisdom Medical Technology Co's Interest Coverage for the quarter that ended in Mar. 2025 was 39.33. 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.


Jiangsu Canopus Wisdom Medical Technology Co Interest Expense Historical Data

The historical data trend for Jiangsu Canopus Wisdom Medical Technology 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.

Jiangsu Canopus Wisdom Medical Technology Co Interest Expense Chart

Jiangsu Canopus Wisdom Medical Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.30 -0.11 -0.13 -0.06 -0.34

Jiangsu Canopus Wisdom Medical Technology Co Quarterly Data
Dec19 Jun20 Sep20 Dec20 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 -0.02 -0.09 -0.09 -0.14 -0.18

Jiangsu Canopus Wisdom Medical Technology 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 ¥-0.5 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.


Jiangsu Canopus Wisdom Medical Technology Co  (SZSE:301290) 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.

Jiangsu Canopus Wisdom Medical Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.2 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥7.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥2.1 Mil.

Jiangsu Canopus Wisdom Medical Technology 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*6.961/-0.177
=39.33

* 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. Jiangsu Canopus Wisdom Medical Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Jiangsu Canopus Wisdom Medical Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Yanling West Road (Jiaye International Trade Plaza), Room 2303 and 2302, Zhonglou District, Jiangsu Province, Changzhou, CHN, 213000
Jiangsu Canopus Wisdom Medical Technology Co Ltd is engaged in the research and development, production and sales of surgical medical devices represented by staplers.
Executives
Wan Zheng Yuan Directors, executives
Wei Jian Gang Directors, executives
Wan Shi Ping Director
Gong Ai Qin Directors, Directors, and Executives

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