Opple Lighting Co (SHSE:603515) Interest Expense : ¥-8 Mil (TTM As of Mar. 2024)

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What is Opple Lighting Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Opple Lighting Co's interest expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-8 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. Opple Lighting Co's Operating Income for the three months ended in Mar. 2024 was ¥ 147 Mil. Opple Lighting Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Opple Lighting Co's Interest Coverage for the quarter that ended in Mar. 2024 was 99.39. 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.

Opple Lighting Co Interest Expense Historical Data

The historical data trend for Opple Lighting 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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Opple Lighting Co Interest Expense Chart

Opple Lighting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-5.96

-21.19

-15.89

-12.64

-7.59

Opple Lighting 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															-1.52	-2.29	-2.12	-1.66	-1.48

Opple Lighting 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 ¥-8 Mil.

Opple Lighting Co (SHSE:603515) 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.

Opple Lighting Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥147 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥9 Mil.

Opple Lighting 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	*	147.492	/	-1.484
	=	99.39

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Opple Lighting Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Opple Lighting Co (SHSE:603515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Opple Lighting Co Ltd (SHSE:603515) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

The MIXC, Lane 1799, Wuzhong Road, Building 3, Minhang District, Shanghai, CHN, 201103

Website

http://www.opple.com.cn

Opple Lighting Co Ltd is a China-based integrated lighting manufacturing company. It offers electrical appliances to large-scale commercial lighting solutions. The products of the company are LED light source, LED home luminaires and LED professional luminaires. Its other products range from lamps and ceiling fixtures to electrical appliances.

Executives

Wang Yao Hai	Director
Zhang Xue Juan	senior management
Huang Di	Director
Ma Zhi Wei	Director
Ma Xiu Hui	Directors, senior managers
Gao Zhan	Director
Ni Guo Long	Director
Han Yi Quan	senior management
Qi Xiao Ming	Director
Ding Long	Director
Hong Wei Ying	Supervisors
Wang Guo Xiao	Supervisors
Chen Jing Hua	Director

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