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Sanan Optoelectronics Co (SHSE:600703) Interest Expense : ¥-316 Mil (TTM As of Mar. 2024)


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What is Sanan Optoelectronics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sanan Optoelectronics Co's interest expense for the three months ended in Mar. 2024 was ¥ -77 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-316 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. Sanan Optoelectronics Co's Operating Income for the three months ended in Mar. 2024 was ¥ 314 Mil. Sanan Optoelectronics Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -77 Mil. Sanan Optoelectronics Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.09. 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.

Sanan Optoelectronics Co Interest Expense Historical Data

The historical data trend for Sanan Optoelectronics 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.

Sanan Optoelectronics Co Interest Expense Chart

Sanan Optoelectronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -159.28 -107.99 -183.46 -345.91 -322.51

Sanan Optoelectronics 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 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 -83.42 -81.02 -80.82 -77.25 -76.78

Sanan Optoelectronics 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 ¥-316 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.

Sanan Optoelectronics Co  (SHSE:600703) 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.

Sanan Optoelectronics Co's Interest Expense for the three months ended in Mar. 2024 was ¥-77 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥314 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥3,165 Mil.

Sanan Optoelectronics 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*313.653/-76.781
=4.09

* 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.

Sanan Optoelectronics Co (SHSE:600703) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sanan Optoelectronics Co Ltd (SHSE:600703) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No.131, Dongfang Avenue, Jingzhou Development Zone, Hubei Province, Jingzhou, CHN, 361009
Website
http://www.sanan-e.com
Sanan Optoelectronics Co Ltd is a China-based full-color ultra-high brightness LED epitaxial and chip manufacturer. It is engaged in the development, production, and sales of full-color and high brightness LED epitaxial wafers, chips, compound solar cells and high-powered condenser photovoltaic products. The products offered by the company are a sapphire substrate, an integrated circuit, solar battery, LED chip, optical communication chip and others.
Executives
Xu Chen Ke senior management
Cai Wen Bi senior management
Zhang Jia Hong senior management
Zhang Zhong Ying senior management
Li Xue Tan senior management
Lin Hai senior management
Huang Zhi Jun senior management
Wei Da Man Directors, senior managers
Fang Chong Pin Supervisors
Lin Ke Chuang Director
Han Hong Zhu Director
Wang Qing senior management
Guo Zhi Gang senior management
Yi Sheng Ze senior management

Sanan Optoelectronics Co (SHSE:600703) Headlines

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