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Shenzhen Kstar Science And Technology Co (SZSE:002518) Interest Expense : ¥-3 Mil (TTM As of Mar. 2024)


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What is Shenzhen Kstar Science And Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Kstar Science And Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-3 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. Shenzhen Kstar Science And Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 118 Mil. Shenzhen Kstar Science And Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Shenzhen Kstar Science And Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 92.83. 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.


Shenzhen Kstar Science And Technology Co Interest Expense Historical Data

The historical data trend for Shenzhen Kstar Science And 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.

Shenzhen Kstar Science And Technology Co Interest Expense Chart

Shenzhen Kstar Science And 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 -2.47 -3.18 -2.69 -3.46 -2.83

Shenzhen Kstar Science And 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 -1.03 -0.78 -0.46 -0.57 -1.27

Shenzhen Kstar Science And 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 ¥-3 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.


Shenzhen Kstar Science And Technology Co  (SZSE:002518) 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.

Shenzhen Kstar Science And Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥118 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥14 Mil.

Shenzhen Kstar Science And 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*118.08/-1.272
=92.83

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shenzhen Kstar Science And Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Shenzhen Kstar Science And Technology Co (SZSE:002518) Business Description

Traded in Other Exchanges
N/A
Address
4/F,No.1 Building, Software Park, Keji C.Rd.2nd,Hi-Tech industrial Zone, Shenzhen, Guangdong, CHN, 518057
Shenzhen Kstar Science And Technology Co Ltd manufactures and sells UPS products in the People's Republic of China. It offers data center products, such as precision cooling, server cabinet, a power distributing cabinet, battery, monitor, and data center integration products; and new energy products, including photovoltaic products, electric vehicle charging stations, and energy storage products. The company also provides industrial products comprising communication power, power supply, MW charging system, fresh air machine, moisture-proof UPS, and HTDC products.
Executives
Mou Ling Qiu Supervisors
Liu Ling Directors, executives
Liu Li Fang Supervisors
Zhang Guang Hua Executives
Li Zu Yu Directors, executives
Ning Wen Securities Affairs Representative
Yang Ge Ge Executives
Lin Hua Yong Supervisors
Lin Ying Supervisors
Cai Yan Hong Directors, executives
Li Chun Ying Director
Xu Xiao Yan Supervisors

Shenzhen Kstar Science And Technology Co (SZSE:002518) Headlines

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