Shenzhen FRD Science & Techonology Co (SZSE:300602) Interest Expense : ¥-50 Mil (TTM As of Mar. 2024)

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What is Shenzhen FRD Science & Techonology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen FRD Science & Techonology Co's interest expense for the three months ended in Mar. 2024 was ¥ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-50 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. Shenzhen FRD Science & Techonology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 24 Mil. Shenzhen FRD Science & Techonology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -10 Mil. Shenzhen FRD Science & Techonology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.27. 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.

Shenzhen FRD Science & Techonology Co Interest Expense Historical Data

The historical data trend for Shenzhen FRD Science & Techonology 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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Shenzhen FRD Science & Techonology Co Interest Expense Chart

Shenzhen FRD Science & Techonology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-10.42

-18.58

-37.66

-61.67

-55.73

Shenzhen FRD Science & Techonology 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															-16.51	-14.23	-12.83	-12.16	-10.37

Shenzhen FRD Science & Techonology 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 ¥-50 Mil.

Shenzhen FRD Science & Techonology Co (SZSE:300602) 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.

Shenzhen FRD Science & Techonology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-10 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥451 Mil.

Shenzhen FRD Science & Techonology 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	*	23.575	/	-10.366
	=	2.27

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

Shenzhen FRD Science & Techonology Co (SZSE:300602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen FRD Science & Techonology Co Ltd (SZSE:300602) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Gaofa Industrial Park, Maotoushan, FRD Building, Beihuan Boulevard, 1st to 6th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055

Website

http://www.frd.cn

Shenzhen FRD Science & Techonology Co Ltd is a China based company engaged in manufacturing of EMI shielding materials, Thermal interface materials and other related electronic materials. The company has a business presence in China, and other countries. EMI shielding materials include metal shielding products, electrically conductive elastomer, fabric over foam and conductive, electrically conductive plastics, and microwave absorber. Thermal materials comprise graphite film, thermal interface material, and thermally conductive plastics. The other supporting materials offered by the entity are PUR hot melt adhesive, and graphics overlay and labels.

Executives

Ma Fei	Director
Du Jin Song	Directors, executives
Zhang Quan Hong	Executives
Xie Huo Gui	Supervisors
Liu Yi	Executives
Wang Yan	Directors, executives
Ma Jun	Directors, executives
Lan Yu Hong	Executives
Qiu Huan Wen	Directors, executives
Shi Wei Min	Executives
Lai Xiang Dong	Independent director

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