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Sino Prima Gas Technology Co (SZSE:300483) Interest Expense : ¥-99 Mil (TTM As of Mar. 2024)


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What is Sino Prima Gas Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sino Prima Gas Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-99 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. Sino Prima Gas Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 19 Mil. Sino Prima Gas Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -32 Mil. Sino Prima Gas Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.59. 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.

Sino Prima Gas Technology Co Interest Expense Historical Data

The historical data trend for Sino Prima Gas 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.

Sino Prima Gas Technology Co Interest Expense Chart

Sino Prima Gas 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 -44.47 -56.57 -116.25 -112.90 -89.31

Sino Prima Gas 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 -22.43 -11.08 -14.80 -41.01 -32.15

Sino Prima Gas 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 ¥-99 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.

Sino Prima Gas Technology Co  (SZSE:300483) 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.

Sino Prima Gas Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-32 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,552 Mil.

Sino Prima Gas 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*19.066/-32.149
=0.59

* 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.

Sino Prima Gas Technology Co (SZSE:300483) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sino Prima Gas Technology Co Ltd (SZSE:300483) » Definitions » Interest Expense
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SHSE:603898 SZSE:002713 SHSE:603326 SZSE:001216 SHSE:603600 SZSE:300993 SZSE:002723 SZSE:300616 SHSE:603818 SHSE:603215 SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK
Traded in Other Exchanges
N/A
Address
No.5000, Yuanjiang Road, Minhang District, Shanghai, CHN, 201108
Website
http://www.worthgarden.com
Sino Prima Gas Technology Co Ltd formerly Shanghai Worth Garden Co Ltd is a service provider that focuses on the development, production, and sales of gardening products, engineering construction, and greening maintenance. Its products cover all aspects of horticultural life, including thousands of varieties and specifications, and a relatively complete horticultural product system. It offers garden hand tools, such as cutting tools, garden power tools, including lawn mowers, grass and hedge trimmers, and batteries and chargers, and garden watering products.
Executives
Wu Jun Liang Directors, executives

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