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Harson Trading (China) Co (SHSE:603958) Interest Expense : ¥-0.8 Mil (TTM As of Mar. 2024)


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What is Harson Trading (China) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Harson Trading (China) Co's interest expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-0.8 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. Harson Trading (China) Co's Operating Income for the three months ended in Mar. 2024 was ¥ 15.5 Mil. Harson Trading (China) Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. GuruFocus does not calculate Harson Trading (China) Co's interest coverage with the available data. 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.


Harson Trading (China) Co Interest Expense Historical Data

The historical data trend for Harson Trading (China) 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.

Harson Trading (China) Co Interest Expense Chart

Harson Trading (China) 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 - -0.28 -0.25 -0.50 -1.53

Harson Trading (China) 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 -0.73 -0.46 -0.22 -0.11 -

Harson Trading (China) 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 ¥-0.8 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.


Harson Trading (China) Co  (SHSE:603958) 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.

Harson Trading (China) Co's Interest Expense for the three months ended in Mar. 2024 was ¥0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥15.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.5 Mil.

Harson Trading (China) Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Harson Trading (China) Co's interest coverage with the available data.

* 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.

Good Sign:

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


Harson Trading (China) Co (SHSE:603958) Business Description

Traded in Other Exchanges
N/A
Address
No.1008,Hua'an Road, 6th Floor, Caoan Economic Development Zone, Huaqiao Tow, Kunshan, CHN, 215332
Harson Trading (China) Co Ltd is a China-based firm engaged in the brand operation, product design, production and sales of high-end leather shoes. It produces leather shoes for men and women mainly. Its brands include Harson, Kadina, Cover, Aller-A, AS, Roberta Di Camerino, Harson business, and Pikolinos.
Executives
Wu Xiao Hua senior management
Huang Jing Supervisors
Qian Long Bao senior management

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