Rong Fa Nuclear Equipment Co (SZSE:002366) Interest Expense : ¥-20.0 Mil (TTM As of Mar. 2024)

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What is Rong Fa Nuclear Equipment Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rong Fa Nuclear Equipment Co's interest expense for the three months ended in Mar. 2024 was ¥ -1.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-20.0 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. Rong Fa Nuclear Equipment Co's Operating Income for the three months ended in Mar. 2024 was ¥ 9.9 Mil. Rong Fa Nuclear Equipment Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1.2 Mil. Rong Fa Nuclear Equipment Co's Interest Coverage for the quarter that ended in Mar. 2024 was 8.29. 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.

Rong Fa Nuclear Equipment Co Interest Expense Historical Data

The historical data trend for Rong Fa Nuclear Equipment 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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Rong Fa Nuclear Equipment Co Interest Expense Chart

Rong Fa Nuclear Equipment Co Annual Data

Trend

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Dec23

Interest Expense

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-224.58

-207.29

-68.55

-67.72

-12.54

Rong Fa Nuclear Equipment 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															-3.10	-1.55	-	-17.22	-1.19

Rong Fa Nuclear Equipment 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 ¥-20.0 Mil.

Rong Fa Nuclear Equipment Co (SZSE:002366) 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.

Rong Fa Nuclear Equipment Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥9.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,503.5 Mil.

Rong Fa Nuclear Equipment 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	*	9.894	/	-1.193
	=	8.29

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

Rong Fa Nuclear Equipment Co (SZSE:002366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rong Fa Nuclear Equipment Co Ltd (SZSE:002366) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Heilong Town, Danfu Industrial Park, Qingshen County, Sichuan, CHN, 620461

Website

http://www.scdanfu.cn

Rong Fa Nuclear Equipment Co Ltd, formerly Taihai Manoir Nuclear Equipment Co Ltd is engaged in the manufacturing and sales of nuclear power equipment, nuclear waste after treatment system equipment, petrochemical equipment, and offshore equipment. The company designs, manufactures, sells, installs, and provides after-sales service of complete sets of equipment; purchase and sale of cobalt and nickel alloy concentrates; other high-end equipment and materials sales.

Executives

Wang Xue Xin	Director
Hao Guang Zheng	Director
Jiang Ming Jie	Directors, executives
Wang Sheng Yi	Executives
Xin Jun	Director
Wang Xin	Supervisors
Li Zheng Jun	Executives
Liu Zhi Ying	Executives
Luo Zhi Zhong	Directors, executives
Xiang Bing	Supervisors
Zhu Xue Qian	Director
Zhou Zheng Hong	Directors, executives
Chen De Quan	Director
Hu Yong Dong	Supervisors
Ma Jun	Director

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