Jiangsu Nata Opto-electronic Material Co (SZSE:300346) Interest Expense : ¥-90 Mil (TTM As of Mar. 2024)

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What is Jiangsu Nata Opto-electronic Material Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangsu Nata Opto-electronic Material Co's interest expense for the three months ended in Mar. 2024 was ¥ -45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-90 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. Jiangsu Nata Opto-electronic Material Co's Operating Income for the three months ended in Mar. 2024 was ¥ 141 Mil. Jiangsu Nata Opto-electronic Material Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -45 Mil. Jiangsu Nata Opto-electronic Material Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.12. 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.

Jiangsu Nata Opto-electronic Material Co Interest Expense Historical Data

The historical data trend for Jiangsu Nata Opto-electronic Material 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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Jiangsu Nata Opto-electronic Material Co Interest Expense Chart

Jiangsu Nata Opto-electronic Material Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-3.11

-8.97

-14.64

-31.84

-60.30

Jiangsu Nata Opto-electronic Material 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															-15.36	-14.16	-15.67	-15.11	-45.19

Jiangsu Nata Opto-electronic Material 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 ¥-90 Mil.

Jiangsu Nata Opto-electronic Material Co (SZSE:300346) 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.

Jiangsu Nata Opto-electronic Material Co's Interest Expense for the three months ended in Mar. 2024 was ¥-45 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥141 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,180 Mil.

Jiangsu Nata Opto-electronic Material 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	*	140.969	/	-45.188
	=	3.12

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

Jiangsu Nata Opto-electronic Material Co (SZSE:300346) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Nata Opto-electronic Material Co Ltd (SZSE:300346) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

9 Cuiwei Street, 7th Floor, Moon Bay International Center, Suzhou Industrial Park, Suzhou, CHN, 215021

Website

http://www.natachem.com

Jiangsu Nata Opto-electronic Material Co Ltd develops, manufactures and sells photoelectric new material high-purity metal organic source. The company's main products include trimethyl gallium, trimethyl indium, and trimethyl aluminum.

Executives

Zhang Xing Guo	Director
Ji Min Kun	Executives
Chen Hua Bing	Executives
Fang De Cai	Independent director
Su Yong Qin	Executives
Zhang Jian Fu	Directors, executives
Feng Jian Song	Directors, executives
Shen Jie	Director
Sun Xiang Zhen	Directors, executives
Di Li	Director
Cai Yan Xin	Supervisors

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