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Wuxi Sunlit Science and Technology Co (HKSE:01289) Interest Expense : HK$0.0 Mil (TTM As of Dec. 2023)


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What is Wuxi Sunlit Science and Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wuxi Sunlit Science and Technology Co's interest expense for the six months ended in Dec. 2023 was HK$ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.0 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. Wuxi Sunlit Science and Technology Co's Operating Income for the six months ended in Dec. 2023 was HK$ 46.1 Mil. Wuxi Sunlit Science and Technology Co's Interest Expense for the six months ended in Dec. 2023 was HK$ 0.0 Mil. Wuxi Sunlit Science and Technology Co 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.


Wuxi Sunlit Science and Technology Co Interest Expense Historical Data

The historical data trend for Wuxi Sunlit Science and 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.

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Wuxi Sunlit Science and Technology Co Interest Expense Chart

Wuxi Sunlit Science and Technology Co Annual Data
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Interest Expense
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Wuxi Sunlit Science and Technology Co Semi-Annual Data
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Wuxi Sunlit Science and 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 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.


Wuxi Sunlit Science and Technology Co  (HKSE:01289) 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.

Wuxi Sunlit Science and Technology Co's Interest Expense for the six months ended in Dec. 2023 was HK$0.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$46.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$0.0 Mil.

Wuxi Sunlit Science and Technology Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Wuxi Sunlit Science and Technology Co had no long-term debt (1).

* 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.

Good Sign:

Wuxi Sunlit Science and Technology Co Ltd has no debt.


Wuxi Sunlit Science and Technology Co (HKSE:01289) Business Description

Traded in Other Exchanges
N/A
Address
1 Yanxin Road East, Huishan Economic Development Zone, Jiangsu Province, Wuxi, CHN, 214174
Wuxi Sunlit Science and Technology Co Ltd is a China-based company. It is engaged in the research and development, design, manufacture, equipment supply, installation, testing, repair, and maintenance of production lines for manufacturing steel wire products in the People's Republic of China. The company's product portfolio includes brass electroplated wire production lines, standalone machines, double-twist stranding machines, wet drawing machines, mold repairing equipment, parts, and accessories. Geographically, the company operates in Mainland China and other countries, of which the majority of the revenue is earned in Mainland China.

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