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Shenzhen Kingsino Technology Co (SZSE:002548) Interest Expense : ¥-152 Mil (TTM As of Mar. 2024)


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What is Shenzhen Kingsino Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Kingsino Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -39 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-152 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 Kingsino Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 3 Mil. Shenzhen Kingsino Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -39 Mil. Shenzhen Kingsino Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.08. 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 Kingsino Technology Co Interest Expense Historical Data

The historical data trend for Shenzhen Kingsino 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 Kingsino Technology Co Interest Expense Chart

Shenzhen Kingsino 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 -70.81 -104.95 -130.54 -108.51 -145.08

Shenzhen Kingsino 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 -32.10 -31.89 -32.82 -48.27 -39.43

Shenzhen Kingsino 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 ¥-152 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 Kingsino Technology Co  (SZSE:002548) 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 Kingsino Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-39 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥854 Mil.

Shenzhen Kingsino 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*3.093/-39.43
=0.08

* 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.

Shenzhen Kingsino Technology Co (SZSE:002548) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shenzhen Kingsino Technology Co Ltd (SZSE:002548) » Definitions » Interest Expense
Comparable Companies
SZSE:300094 SHSE:600300 SHSE:605089 SZSE:001215 SHSE:600965 SHSE:600127 SZSE:000639 SZSE:000505 SHSE:605179 SZSE:002329 XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
Shenzhen High-tech Industrial Park Road, 18 Photoelectric Jin Xinnong Building, Guangming District, Guangming New District, Shenzhen, CHN, 518106
Website
http://www.kingsino.cn
Shenzhen Kingsino Technology Co Ltd formerly known as Shenzhen Jinxinnong Technology Co Ltd is engaged in the business of pig feed research and production, breeding pig breeding, animal protection veterinary drugs and Internet communication technology.
Executives
Tang Fei Bing Executives
Qian Zi Long Executives
Di Wei Bing Directors, executives
Chen Wen Bin Executives
Chen Jun Hai Director
Zhao Zu Kai Executives
Wang Jian Neng Directors, executives
Yang Hua Lin Supervisors
Li Xue Director
Lin Xue Supervisors
Cai Zhang Xing Director
Liu Chao Supervisors
Li Bin Independent director
Zhang Guo En Supervisors
Liu Yang Executives

Shenzhen Kingsino Technology Co (SZSE:002548) Headlines

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