WuHu Foresight Technology Co (SZSE:301529) Interest Expense : ¥-3 Mil (TTM As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is WuHu Foresight Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WuHu Foresight Technology Co's interest expense for the three months ended in Sep. 2024 was ¥ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-3 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. WuHu Foresight Technology Co's Operating Income for the three months ended in Sep. 2024 was ¥ 23 Mil. WuHu Foresight Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -1 Mil. WuHu Foresight Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 was 41.11. 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.

WuHu Foresight Technology Co Interest Expense Historical Data

The historical data trend for WuHu Foresight 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.

WuHu Foresight Technology Co Interest Expense Chart

WuHu Foresight Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-1.90

-1.64

-2.42

-4.01

-3.68

WuHu Foresight Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial												-0.18	-1.52	-0.06	-1.02	-0.55

WuHu Foresight 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-3 Mil.

WuHu Foresight Technology Co (SZSE:301529) 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.

WuHu Foresight Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥-1 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥34 Mil.

WuHu Foresight Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	22.733	/	-0.553
	=	41.11

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

WuHu Foresight Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » WuHu Foresight Technology Co Ltd (SZSE:301529) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 2 Lingyuan Road, Jiujiang Economic Development Zone, Anhui, Wuhu, CHN, 241006

Website

http://www.china-foresight.com

WuHu Foresight Technology Co Ltd is engaged in research & development, production and sales of automotive interior parts.

WuHu Foresight Technology Co Headlines

No Headlines