Sino-platinum Metals Co (SHSE:600459) Interest Expense : ¥-65 Mil (TTM As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Sino-platinum Metals Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sino-platinum Metals Co's interest expense for the three months ended in Mar. 2024 was ¥ -22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-65 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. Sino-platinum Metals Co's Operating Income for the three months ended in Mar. 2024 was ¥ 221 Mil. Sino-platinum Metals Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -22 Mil. Sino-platinum Metals Co's Interest Coverage for the quarter that ended in Mar. 2024 was 9.98. 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.

Sino-platinum Metals Co Interest Expense Historical Data

The historical data trend for Sino-platinum Metals 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.

Sino-platinum Metals Co Interest Expense Chart

Sino-platinum Metals Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-44.26

-121.36

-174.34

-162.69

-85.11

Sino-platinum Metals Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-28.07	-23.61	-14.75	-4.69	-22.18

Sino-platinum Metals 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 ¥-65 Mil.

Sino-platinum Metals Co (SHSE:600459) 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.

Sino-platinum Metals Co's Interest Expense for the three months ended in Mar. 2024 was ¥-22 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥221 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,320 Mil.

Sino-platinum Metals Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	221.387	/	-22.181
	=	9.98

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

Sino-platinum Metals Co (SHSE:600459) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sino-platinum Metals Co Ltd (SHSE:600459) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 988 Keji Road, New and High-Technology Development Zone, Kunming, Yunnan, CHN, 650106

Website

http://www.sino-platinum.com.cn

Sino-platinum Metals Co Ltd is a China-based company engaged in the precious metals materials. Its product includes precious metal pipe, precious metal strip, platinum, precious metal composite, resistance paste, flake silver powder, precious metal compound, platinum wire, relay connector, gas sensor, pure gold, palladium ingot.

Sino-platinum Metals Co (SHSE:600459) Headlines

No Headlines