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Fulongma Group Co (SHSE:603686) Interest Expense : ¥-15 Mil (TTM As of Mar. 2024)


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What is Fulongma Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fulongma Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-15 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. Fulongma Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 98 Mil. Fulongma Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -4 Mil. Fulongma Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 25.84. 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.

Fulongma Group Co Interest Expense Historical Data

The historical data trend for Fulongma 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.

* Premium members only.

Fulongma Group Co Interest Expense Chart

Fulongma Group 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 -7.67 -6.31 -11.97 -17.41 -18.27

Fulongma 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 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 -7.29 -3.28 -4.77 -2.93 -3.80

Fulongma 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 ¥-15 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.

Fulongma Group Co  (SHSE:603686) 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.

Fulongma Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥189 Mil.

Fulongma 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*98.241/-3.802
=25.84

* 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.

Fulongma Group Co (SHSE:603686) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fulongma Group Co Ltd (SHSE:603686) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 42, Longteng South Road, Donghua Community, Dongxiao Town, Xinluo District, Fujian Province, Longyan, CHN, 364028
Website
http://www.fjlm.com.cn
Fulongma Group Co Ltd supplies Chinese professionalization environmental sanitation equipment. The company is engaged in the research and development, production, selling, and services of the specialized cleaning vehicle, garbage, collecting and transporting vehicle and other equipment that are mainly used in the environmental sanitation department, municipal works, and road cleaning. Some of its products are Sweeping and Clean-keeping series, Garbage collection, and others.
Executives
Shen Jia Qing Supervisors
Zhang Gui Feng Director
Yang Yu Zhong Directors, senior managers
Li Xiao Bing Director
Li Kai Sen Supervisors
Lin Hong Zhen senior management
Bai Yun Long senior management
Zhang Gui Chao Directors, senior managers
Ceng En Hua senior management
Chen Jing Jie Director
Rong Min Long senior management
Liao Jian He senior management
Chen Yong Qi senior management
Lin Zhen Supervisors

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