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VALV (Shengkai Innovations) Interest Expense : $0.00 Mil (TTM As of Mar. 2013)


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What is Shengkai Innovations Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shengkai Innovations's interest expense for the three months ended in Mar. 2013 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2013 was $0.00 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. Shengkai Innovations's Operating Income for the three months ended in Mar. 2013 was $ -1.47 Mil. Shengkai Innovations's Interest Expense for the three months ended in Mar. 2013 was $ 0.00 Mil. Shengkai Innovations has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Shengkai Innovations Interest Expense Historical Data

The historical data trend for Shengkai Innovations'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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Shengkai Innovations Interest Expense Chart

Shengkai Innovations Annual Data
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Shengkai Innovations Quarterly Data
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Shengkai Innovations 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Shengkai Innovations  (OTCPK:VALV) 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.

Shengkai Innovations's Interest Expense for the three months ended in Mar. 2013 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2013 was $-1.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2013 was $0.00 Mil.

Shengkai Innovations's Interest Coverage for the quarter that ended in Mar. 2013 is calculated as

Shengkai Innovations had no long-term debt (1).

* 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.


Shengkai Innovations Business Description

Traded in Other Exchanges
N/A
Address
No.106, Zhonghuan South Road, Airport Industrial Park, Tianjin, CHN, 300308
Shengkai Innovations Inc is a ceramic valve manufacturer with operations in the People's Republic of China.
Executives
Ming He officer: Chief Financial Officer NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Martin A. Sumichrast 10 percent owner 11125 COLONIAL COUNTRY LANE, CHARLOTTE NC 28277

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