Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Interest Expense : ¥-0.5 Mil (TTM As of Mar. 2024)

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What is Hunan Aerospace Huanyu Communication Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hunan Aerospace Huanyu Communication Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-0.5 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. Hunan Aerospace Huanyu Communication Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -2.4 Mil. Hunan Aerospace Huanyu Communication Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.1 Mil. Hunan Aerospace Huanyu Communication Technology Co did not have earnings to cover the interest expense. 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.

Hunan Aerospace Huanyu Communication Technology Co Interest Expense Historical Data

The historical data trend for Hunan Aerospace Huanyu Communication 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.

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Hunan Aerospace Huanyu Communication Technology Co Interest Expense Chart

Hunan Aerospace Huanyu Communication Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.28

-3.21

-1.85

-0.79

-0.47

Hunan Aerospace Huanyu Communication Technology Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial								-0.13	0.36	-0.53	-0.17	-0.11

Hunan Aerospace Huanyu Communication 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 ¥-0.5 Mil.

Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) 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.

Hunan Aerospace Huanyu Communication Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-2.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥185.8 Mil.

Hunan Aerospace Huanyu Communication Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Hunan Aerospace Huanyu Communication Technology Co did not have earnings to cover the interest expense.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hunan Aerospace Huanyu Communication Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hunan Aerospace Huanyu Communication Technology Co Ltd (SHSE:688523) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 6 Xingkang South Road, Yuelu District, Hunan, Changsha, CHN, 410205

Website

http://www.hthykj.com

Hunan Aerospace Huanyu Communication Technology Co Ltd is mainly engaged in the R&D, manufacturing and service of space-borne high-end microwave communication, satellite communication, aerospace technology equipment and high-end composite material parts and components. The company is committed to providing product support and engineering application services for major aerospace host units.

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