China TMK Battery Systems (China TMK Battery Systems) Interest Expense : $-1.44 Mil (TTM As of Sep. 2011)

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What is China TMK Battery Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China TMK Battery Systems's interest expense for the three months ended in Sep. 2011 was $ -0.53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2011 was $-1.44 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. China TMK Battery Systems's Operating Income for the three months ended in Sep. 2011 was $ 4.11 Mil. China TMK Battery Systems's Interest Expense for the three months ended in Sep. 2011 was $ -0.53 Mil. China TMK Battery Systems's Interest Coverage for the quarter that ended in Sep. 2011 was 7.82. 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.

China TMK Battery Systems Interest Expense Historical Data

The historical data trend for China TMK Battery Systems'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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China TMK Battery Systems Interest Expense Chart

China TMK Battery Systems Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Dec10

Interest Expense

-0.01

-1.04

China TMK Battery Systems Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Interest Expense	Get a 7-Day Free Trial															-0.32	-0.23	-0.30	-0.39	-0.53

China TMK Battery Systems 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.44 Mil.

China TMK Battery Systems (OTCPK:DFEL) 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.

China TMK Battery Systems's Interest Expense for the three months ended in Sep. 2011 was $-0.53 Mil. Its Operating Income for the three months ended in Sep. 2011 was $4.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2011 was $13.69 Mil.

China TMK Battery Systems's Interest Coverage for the quarter that ended in Sep. 2011 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2011 )	/	Interest Expense (Q: Sep. 2011 )
	=	-1	*	4.107	/	-0.525
	=	7.82

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

China TMK Battery Systems (China TMK Battery Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China TMK Battery Systems Inc (OTCPK:DFEL) » Definitions » Interest Expense

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Address

Fuhua Road, Room 2406, East Block, Great China International Exchange Square, Futian District, Shenzhen, CHN, 7390

Website

https://www.tmk-battery.com

China TMK Battery Systems Inc is a United States is based on the research and development, manufacturing, sales and service of core products in the new energy industry. The company has newly established a number of wholly-owned subsidiaries in mainland China, which are distributed in the centralized rapid charging for new energy vehicles, lithium batteries, new materials, artificial intelligence basic software equipment, Internet and other.

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