Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) Interest Expense : ¥-12.4 Mil (TTM As of Mar. 2024)

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What is Jiangsu Jiangnan High Polymer Fiber Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangsu Jiangnan High Polymer Fiber Co's interest expense for the three months ended in Mar. 2024 was ¥ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-12.4 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. Jiangsu Jiangnan High Polymer Fiber Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1.5 Mil. Jiangsu Jiangnan High Polymer Fiber Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.1 Mil. Jiangsu Jiangnan High Polymer Fiber Co's Interest Coverage for the quarter that ended in Mar. 2024 was 23.89. 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.

Jiangsu Jiangnan High Polymer Fiber Co Interest Expense Historical Data

The historical data trend for Jiangsu Jiangnan High Polymer Fiber 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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Jiangsu Jiangnan High Polymer Fiber Co Interest Expense Chart

Jiangsu Jiangnan High Polymer Fiber Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-0.07

-0.03

-0.39

-0.57

-0.32

Jiangsu Jiangnan High Polymer Fiber 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															-	-2.72	-	-9.66	-0.06

Jiangsu Jiangnan High Polymer Fiber 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 ¥-12.4 Mil.

Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) 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.

Jiangsu Jiangnan High Polymer Fiber Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2.3 Mil.

Jiangsu Jiangnan High Polymer Fiber 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	*	1.457	/	-0.061
	=	23.89

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

Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Jiangnan High Polymer Fiber Co Ltd (SHSE:600527) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Huangdai Town, Xiangcheng District, Suzhou, Jiangsu, CHN, 215143

Website

http://www.jngx.cn

Jiangsu Jiangnan High Polymer Fiber Co Ltd is a bicomponent fiber company. It is principally engaged in the production and distribution of chemical fiber products. The company's products mainly include Core -Sheath fiber (ES), Parallel hollow composite fiber, 51 islands figured sea-island composite fiber, Korean polyester, fine-denier polyester tops, high-shrinkage tops, colored tops, PTT tops, Fleck, tops.

Executives

Tao Ye	Director
Tao Guo Ping	Director
Zhu Ming Lai	Supervisors
Sheng Dong Sheng	Director
Pu Jin Long	Director
Gu Xing Nan	Director
Zhou Yong Kang	Director

Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) Headlines

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