Hunan Yuneng New Energy Battery Material Co (SZSE:301358) Interest Expense : ¥-167 Mil (TTM As of Dec. 2024)

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What is Hunan Yuneng New Energy Battery Material Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hunan Yuneng New Energy Battery Material Co's interest expense for the three months ended in Dec. 2024 was ¥ -45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ¥-167 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. Hunan Yuneng New Energy Battery Material Co's Operating Income for the three months ended in Dec. 2024 was ¥ 281 Mil. Hunan Yuneng New Energy Battery Material Co's Interest Expense for the three months ended in Dec. 2024 was ¥ -45 Mil. Hunan Yuneng New Energy Battery Material Co's Interest Coverage for the quarter that ended in Dec. 2024 was 6.31. 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.

Hunan Yuneng New Energy Battery Material Co Interest Expense Historical Data

The historical data trend for Hunan Yuneng New Energy Battery Material 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.

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Hunan Yuneng New Energy Battery Material Co Interest Expense Chart

Hunan Yuneng New Energy Battery Material Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-12.16

-62.44

-253.39

-238.94

-166.82

Hunan Yuneng New Energy Battery Material Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial														-46.58	-43.02	-41.49	-37.79	-44.52

Hunan Yuneng New Energy Battery Material 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-167 Mil.

Hunan Yuneng New Energy Battery Material Co (SZSE:301358) 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.

Hunan Yuneng New Energy Battery Material Co's Interest Expense for the three months ended in Dec. 2024 was ¥-45 Mil. Its Operating Income for the three months ended in Dec. 2024 was ¥281 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ¥3,759 Mil.

Hunan Yuneng New Energy Battery Material Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	280.877	/	-44.516
	=	6.31

The higher the ratio, the stronger the company's financial strength is.

Hunan Yuneng New Energy Battery Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Yuneng New Energy Battery Material Co Ltd (SZSE:301358) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 18 Rili Road, Heling Town, Yuhu District, Hunan Province, Xiangtan, CHN, 411202

Website

http://www.hunanyuneng.com

Hunan Yuneng New Energy Battery Material Co Ltd is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries. The company's main products include lithium- ion batteries cathode materials such as lithium iron phosphate and ternary materials, which is mainly used in the manufacture of lithium-ion batteries such as power batteries and energy storage batteries, and is ultimately energy used in new vehicles, Energy storage and other fields.

Hunan Yuneng New Energy Battery Material Co Headlines

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