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Guangdong Jinming Machinery Co (SZSE:300281) Interest Expense : ¥-2.5 Mil (TTM As of Mar. 2024)


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What is Guangdong Jinming Machinery Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Jinming Machinery Co's interest expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-2.5 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. Guangdong Jinming Machinery Co's Operating Income for the three months ended in Mar. 2024 was ¥ 3.5 Mil. Guangdong Jinming Machinery Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Guangdong Jinming Machinery Co has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Guangdong Jinming Machinery Co Interest Expense Historical Data

The historical data trend for Guangdong Jinming Machinery 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.

Guangdong Jinming Machinery Co Interest Expense Chart

Guangdong Jinming Machinery 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 -7.64 -1.77 -0.02 - -0.01

Guangdong Jinming Machinery 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 -0.01 - -0.01 -2.49 -

Guangdong Jinming Machinery 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 ¥-2.5 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.


Guangdong Jinming Machinery Co  (SZSE:300281) 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.

Guangdong Jinming Machinery Co's Interest Expense for the three months ended in Mar. 2024 was ¥0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥3.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.0 Mil.

Guangdong Jinming Machinery Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Guangdong Jinming Machinery Co had no long-term debt (1).

* 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.


Guangdong Jinming Machinery Co (SZSE:300281) Business Description

Traded in Other Exchanges
N/A
Address
Textile Industrial Park, Haojiang District, Guangdong, Shantou, CHN, 515098
Guangdong Jinming Machinery Co Ltd is engaged as research and development, design, production, sales and service of membrane production equipment system in intelligent equipment manufacturing.
Executives
Ma Zhen Xin Director
Feng Yu Sheng Independent director
Sun Wei Long Directors, executives
Ceng Guang Ke Executives
Zhang Yan Securities Affairs Representative
Liu Shu Lin Director

Guangdong Jinming Machinery Co (SZSE:300281) Headlines

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