Jiangsu HHCK Advanced Materials Co (SHSE:688535) Interest Expense : ¥-1.7 Mil (TTM As of Mar. 2024)

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What is Jiangsu HHCK Advanced Materials Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangsu HHCK Advanced Materials Co's interest expense for the three months ended in Mar. 2024 was ¥ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1.7 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. Jiangsu HHCK Advanced Materials Co's Operating Income for the three months ended in Mar. 2024 was ¥ 9.7 Mil. Jiangsu HHCK Advanced Materials Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.3 Mil. Jiangsu HHCK Advanced Materials Co's Interest Coverage for the quarter that ended in Mar. 2024 was 31.47. 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.

Jiangsu HHCK Advanced Materials Co Interest Expense Historical Data

The historical data trend for Jiangsu HHCK Advanced Materials 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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Jiangsu HHCK Advanced Materials Co Interest Expense Chart

Jiangsu HHCK Advanced Materials Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-4.58

-4.27

-4.04

-0.04

-0.73

Jiangsu HHCK Advanced Materials Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial								-	-0.77	-0.22	-0.40	-0.31

Jiangsu HHCK Advanced Materials 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 ¥-1.7 Mil.

Jiangsu HHCK Advanced Materials Co (SHSE:688535) 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.

Jiangsu HHCK Advanced Materials Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥9.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.0 Mil.

Jiangsu HHCK Advanced Materials 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	*	9.661	/	-0.307
	=	31.47

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

Jiangsu HHCK Advanced Materials Co (SHSE:688535) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Jiangsu HHCK Advanced Materials Co Ltd (SHSE:688535) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 66, Dongfang Avenue, Economic and Technological Development Zone, Jiangsu Province, Lianyungang, CHN, 222047

Website

http://www.hhck-em.com

Jiangsu HHCK Advanced Materials Co Ltd is engaged in the research and development and industrialization of semiconductor packaging materials.

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