Seres Group Co (SHSE:601127) Interest Expense : ¥-300 Mil (TTM As of Mar. 2024)

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What is Seres Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Seres Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -66 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-300 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. Seres Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 286 Mil. Seres Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -66 Mil. Seres Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.31. 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.

Seres Group Co Interest Expense Historical Data

The historical data trend for Seres Group 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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Seres Group Co Interest Expense Chart

Seres Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-284.67

-276.45

-260.71

-330.17

-308.75

Seres Group 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															-75.45	-82.13	-78.04	-73.12	-66.34

Seres Group 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 ¥-300 Mil.

Seres Group Co (SHSE:601127) 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.

Seres Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-66 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥286 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,463 Mil.

Seres Group 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	*	286.145	/	-66.337
	=	4.31

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

Seres Group Co (SHSE:601127) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Seres Group Co Ltd (SHSE:601127) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7 Wuyunhu Road, Shapingba District, Chongqing, CHN, 401335

Website

https://www.sokon.com

Seres Group Co Ltd is engaged in the research and development, production, sales, and service of automobile and engine parts.

Executives

Liu Chang Dong	Director
Shen Wei	senior management
Duan Wei	senior management
Liu Lian	senior management
Meng Gang	senior management
Cen Yuan Chuan	Director
Chen Yu Qi	senior management
Ma Jian Chang	Director

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