Shenyu Communication Technology (SZSE:300563) Interest Expense : ¥-1.0 Mil (TTM As of Mar. 2024)

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What is Shenyu Communication Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenyu Communication Technology'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 ¥-1.0 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. Shenyu Communication Technology's Operating Income for the three months ended in Mar. 2024 was ¥ 5.8 Mil. Shenyu Communication Technology's Interest Expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Shenyu Communication Technology 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.

Shenyu Communication Technology Interest Expense Historical Data

The historical data trend for Shenyu Communication Technology'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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Shenyu Communication Technology Interest Expense Chart

Shenyu Communication Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.57

-0.56

-0.35

-1.74

-0.09

Shenyu Communication Technology 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															-	-0.87	-0.06	-0.02	-

Shenyu Communication Technology 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 ¥-1.0 Mil.

Shenyu Communication Technology (SZSE:300563) 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.

Shenyu Communication Technology'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 ¥5.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.0 Mil.

Shenyu Communication Technology's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Shenyu Communication Technology had no long-term debt ⁽¹⁾.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shenyu Communication Technology Inc has enough cash to cover all of its debt. Its financial situation is stable.

Shenyu Communication Technology (SZSE:300563) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenyu Communication Technology Inc (SZSE:300563) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

275 East Beltway, Jiangsu Province, Jiangyin, CHN, 214432

Website

http://www.shenyucable.com

Shenyu Communication Technology Inc is engaged in the research and development, production and sales of RF coaxial cables in China. Its products portfolio includes RF series of fine RF coaxial cable, RG series military standard RF coaxial cable, MCC series of very fine RF coaxial cable, AF high temperature installation line, semi-flexible semi-rigid RF coaxial Cables, microwave stabilized phase RF coaxial cables, high-speed data lines, various high-frequency low-loss steady-phase cable assemblies and low-loss soft microwave feeders.

Executives

Ren Feng Juan	Director
Zhou Zhi Hua	Supervisors

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