Zhuzhou Tianqiao Crane Co (SZSE:002523) Interest Expense : ¥-10 Mil (TTM As of Mar. 2024)

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What is Zhuzhou Tianqiao Crane Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhuzhou Tianqiao Crane Co's interest expense for the three months ended in Mar. 2024 was ¥ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-10 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. Zhuzhou Tianqiao Crane Co's Operating Income for the three months ended in Mar. 2024 was ¥ -20 Mil. Zhuzhou Tianqiao Crane Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -2 Mil. Zhuzhou Tianqiao Crane 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.

Zhuzhou Tianqiao Crane Co Interest Expense Historical Data

The historical data trend for Zhuzhou Tianqiao Crane 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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Zhuzhou Tianqiao Crane Co Interest Expense Chart

Zhuzhou Tianqiao Crane Co Annual Data

Trend

Dec14

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Dec22

Dec23

Interest Expense

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-16.48

-12.83

-12.73

-14.70

-10.18

Zhuzhou Tianqiao Crane 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															-2.19	-2.92	-2.02	-3.05	-1.71

Zhuzhou Tianqiao Crane 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 ¥-10 Mil.

Zhuzhou Tianqiao Crane Co (SZSE:002523) 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.

Zhuzhou Tianqiao Crane Co's Interest Expense for the three months ended in Mar. 2024 was ¥-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥134 Mil.

Zhuzhou Tianqiao Crane Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Zhuzhou Tianqiao Crane Co did not have earnings to cover the interest expense.

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

Zhuzhou Tianqiao Crane Co (SZSE:002523) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Zhuzhou Tianqiao Crane Co Ltd (SZSE:002523) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Beimen Tianxin Zhuzhou, Hunan Province, Hunan, CHN, 412001

Website

http://www.tqcc.cn

Zhuzhou Tianqiao Crane Co Ltd manufactures and supplies various special use cranes for steel, aluminum smelting, power, nuclear, and other industries in China and internationally. It offers pot tending machines, furnace tending machines, stacking cranes, transfer gantries, rail lifting beams and cathode cranes among others.

Executives

Huang Wen Bin	Executives
Zhuang Rong	Director
Peng Yue Xiang	Supervisors
Xiao Jian Ping	Director
Zheng Zheng Guo	Executives
Chu Xing Qun	Executives
Duan Li Yuan	Supervisors
Xia Xiao Hui	Director

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