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Nanjing Allfavor Electronic Co (SZSE:300964) Interest Expense : ¥-1.0 Mil (TTM As of Mar. 2024)


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What is Nanjing Allfavor Electronic Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nanjing Allfavor Electronic Co's interest expense for the three months ended in Mar. 2024 was ¥ -0.3 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. Nanjing Allfavor Electronic Co's Operating Income for the three months ended in Mar. 2024 was ¥ 6.8 Mil. Nanjing Allfavor Electronic Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.3 Mil. Nanjing Allfavor Electronic Co's Interest Coverage for the quarter that ended in Mar. 2024 was 19.57. 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.


Nanjing Allfavor Electronic Co Interest Expense Historical Data

The historical data trend for Nanjing Allfavor Electronic 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.

Nanjing Allfavor Electronic Co Interest Expense Chart

Nanjing Allfavor Electronic Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.43 -0.13 -0.77 -0.51 -0.72

Nanjing Allfavor Electronic Co Quarterly Data
Dec18 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 -0.08 -0.17 -0.10 -0.37 -0.35

Nanjing Allfavor Electronic 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 ¥-1.0 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.


Nanjing Allfavor Electronic Co  (SZSE:300964) 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.

Nanjing Allfavor Electronic Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥6.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥11.4 Mil.

Nanjing Allfavor Electronic 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*6.809/-0.348
=19.57

* 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.


Nanjing Allfavor Electronic Co (SZSE:300964) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Kongjia Road, Lishui Economic Development Zone, Jiangsu Province, Nanjing, CHN, 211200
Nanjing Allfavor Electronic Co Ltd is dedicated to the production and processing of printed circuit boards. The products are mainly used in communications, automobiles, electric power, electronics, communications, medical, military and other fields.
Executives
Zhou Guo Xiong Director
Zheng Xiao Chun Supervisors
Jiang Dong Cheng Supervisors

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