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Guilin Layn Natural Ingredients (SZSE:002166) Interest Expense : ¥-34 Mil (TTM As of Mar. 2024)


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What is Guilin Layn Natural Ingredients Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guilin Layn Natural Ingredients's interest expense for the three months ended in Mar. 2024 was ¥ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-34 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. Guilin Layn Natural Ingredients's Operating Income for the three months ended in Mar. 2024 was ¥ 53 Mil. Guilin Layn Natural Ingredients's Interest Expense for the three months ended in Mar. 2024 was ¥ -8 Mil. Guilin Layn Natural Ingredients's Interest Coverage for the quarter that ended in Mar. 2024 was 7.10. 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.

Guilin Layn Natural Ingredients Interest Expense Historical Data

The historical data trend for Guilin Layn Natural Ingredients'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.

Guilin Layn Natural Ingredients Interest Expense Chart

Guilin Layn Natural Ingredients 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 -16.67 -18.15 -24.65 -27.72 -32.90

Guilin Layn Natural Ingredients 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 -6.10 -8.34 -13.24 -5.22 -7.53

Guilin Layn Natural Ingredients 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 ¥-34 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.

Guilin Layn Natural Ingredients  (SZSE:002166) 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.

Guilin Layn Natural Ingredients's Interest Expense for the three months ended in Mar. 2024 was ¥-8 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥45 Mil.

Guilin Layn Natural Ingredients'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*53.417/-7.526
=7.10

* 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.

Guilin Layn Natural Ingredients (SZSE:002166) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guilin Layn Natural Ingredients Corp (SZSE:002166) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 22 Lijiang Road, Guilin International Center, Zone A, 3F, Guilin, Guangxi, CHN, 541004
Website
http://www.layn.com.cn
Guilin Layn Natural Ingredients Corp is engaged in the development and production of active ingredients derived from plants. The company's product portfolio includes plant-based sweeteners, natural flavors and functional ingredients for food and beverage, pharmaceutical and personal care industries.
Executives
Yao Xin De Director
Huang Li Juan Independent director
Qin Ben Jun Directors, executives
Liu Hong Yu Independent director
Bai Yu Directors, executives
Jiang Xiao San Directors, executives
Jiang Zhi Gang Supervisors
Xie Yong Fu Executives

Guilin Layn Natural Ingredients (SZSE:002166) Headlines

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