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Foshan Blue Rocket Electronics Co (SZSE:301348) Interest Expense : ¥-1.1 Mil (TTM As of Mar. 2024)


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What is Foshan Blue Rocket Electronics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Foshan Blue Rocket Electronics Co's interest expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1.1 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. Foshan Blue Rocket Electronics Co's Operating Income for the three months ended in Mar. 2024 was ¥ -13.5 Mil. Foshan Blue Rocket Electronics Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Foshan Blue Rocket Electronics Co did not have earnings to cover the interest expense. 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.


Foshan Blue Rocket Electronics Co Interest Expense Historical Data

The historical data trend for Foshan Blue Rocket 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.

Foshan Blue Rocket Electronics Co Interest Expense Chart

Foshan Blue Rocket Electronics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -2.87 -1.63 -2.38 -2.10 -1.76

Foshan Blue Rocket Electronics Co Quarterly Data
Dec17 Dec18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 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 -0.64 -0.52 -0.34 -0.27 0.01

Foshan Blue Rocket 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1.1 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.


Foshan Blue Rocket Electronics Co  (SZSE:301348) 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.

Foshan Blue Rocket Electronics Co's Interest Expense for the three months ended in Mar. 2024 was ¥0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-13.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥19.7 Mil.

Foshan Blue Rocket Electronics Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

* 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.


Foshan Blue Rocket Electronics Co (SZSE:301348) Business Description

Traded in Other Exchanges
N/A
Address
No. 45, Guxin Road, Chancheng, Guangdong, Foshan, CHN, 528051
Foshan Blue Rocket Electronics Co Ltd is a Guangdong High-Tech Enterprise that is professional in researching, developing, and manufacturing semiconductor devices in China.

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