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Xiamen Comfort Science and Technology Group Co (SZSE:002614) Interest Expense : ¥-54 Mil (TTM As of Mar. 2024)


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What is Xiamen Comfort Science and Technology Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xiamen Comfort Science and Technology Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-54 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. Xiamen Comfort Science and Technology Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 11 Mil. Xiamen Comfort Science and Technology Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -12 Mil. Xiamen Comfort Science and Technology Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.89. 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.


Xiamen Comfort Science and Technology Group Co Interest Expense Historical Data

The historical data trend for Xiamen Comfort Science and Technology Group 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.

Xiamen Comfort Science and Technology Group Co Interest Expense Chart

Xiamen Comfort Science and Technology Group 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 -29.30 -44.03 -53.80 -62.69 -57.74

Xiamen Comfort Science and Technology Group 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 -15.59 -12.42 -13.85 -15.88 -11.86

Xiamen Comfort Science and Technology Group 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 ¥-54 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.


Xiamen Comfort Science and Technology Group Co  (SZSE:002614) 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.

Xiamen Comfort Science and Technology Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-12 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥673 Mil.

Xiamen Comfort Science and Technology Group 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*10.611/-11.856
=0.89

* 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.


Xiamen Comfort Science and Technology Group Co (SZSE:002614) Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Anling Second Road, Huli High-tech Park, Fujian Province, Xiamen, CHN, 361015
Xiamen Comfort Science and Technology Group Co Ltd is a China based company operating in the industries of health massage, health environment, home medical care, and others. The company is principally engaged in manufacturing massage healthcare product like massage chairs. It also offers products in the areas of healthy environment like humidifier, and health monitoring like weight analysis device. The company sells its products in China and other international countries. Some of the company's brands are Ogawa, Cozzia, Fuji, Fujimedic, and Medisana.
Executives
Wang Hong Wei Supervisors
Su Wei Biao Executives
Li Qiao Qiao Directors, executives
Tang Zhi Guo Director
Li Wu Ling Directors, executives
Zou Jian Han Directors, executives
Yi Wei Dong Supervisors
Ceng Jian Bao Director
Chen Shu Mei Executives
Cui Hong Hai Executives
Yang Yan Supervisors
Zhang Quan Directors, executives
Liu Yuan Li Independent director
Wei Gang Directors, executives
Gao Lan Zhou Supervisors

Xiamen Comfort Science and Technology Group Co (SZSE:002614) Headlines

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