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Sichuan EM Technology Co (SHSE:601208) Interest Expense : ¥-89 Mil (TTM As of Mar. 2024)


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What is Sichuan EM Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sichuan EM Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-89 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. Sichuan EM Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 61 Mil. Sichuan EM Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -20 Mil. Sichuan EM Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.11. 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.


Sichuan EM Technology Co Interest Expense Historical Data

The historical data trend for Sichuan EM 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.

Sichuan EM Technology Co Interest Expense Chart

Sichuan EM Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.79 -26.63 -33.21 -55.10 -89.68

Sichuan EM Technology 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -20.13 -20.32 -11.68 -37.55 -19.78

Sichuan EM 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-89 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.


Sichuan EM Technology Co  (SHSE:601208) 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.

Sichuan EM Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-20 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥61 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,107 Mil.

Sichuan EM Technology 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*61.42/-19.776
=3.11

* 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.


Sichuan EM Technology Co (SHSE:601208) Business Description

Traded in Other Exchanges
N/A
Address
China Mianyang Dongxing Road 6, Sichuan, CHN, 621000
Sichuan EM Technology Co Ltd focuses on the development of new insulation materials, optical materials, and environmental protection flame retardant materials in China. Its products include mica tapes, film coating products, polypropylene films, cast sheets or films, and electrical polyester films.
Executives
Luo Chun Ming senior management
Shi Qiang Supervisors
Zhou You senior management
Chen Jie senior management
Liang Qian Qian Supervisors
Li Gang senior management
Li Wen Quan senior management
Jing Guo Ren senior management
Tang An Bin Director
Cao Xue Directors, senior managers
Yu Shao Bo Director
Wang Xiao Quan senior management
Xiong Ling Yao Director
Yin Sheng Director
Zong Yue Qiang Supervisors

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