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Moon Environment Technology Co (SZSE:000811) Interest Expense : ¥-37 Mil (TTM As of Mar. 2024)


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What is Moon Environment Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Moon Environment Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-37 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. Moon Environment Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 125 Mil. Moon Environment Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -9 Mil. Moon Environment Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 14.27. 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.


Moon Environment Technology Co Interest Expense Historical Data

The historical data trend for Moon Environment Technology 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.

Moon Environment Technology Co Interest Expense Chart

Moon Environment Technology 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 -37.52 -42.43 -38.73 -38.44 -36.86

Moon Environment Technology 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 -8.80 -8.65 -14.99 -4.42 -8.76

Moon Environment Technology 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 ¥-37 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.


Moon Environment Technology Co  (SZSE:000811) 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.

Moon Environment Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-9 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥125 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥481 Mil.

Moon Environment Technology 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*124.965/-8.756
=14.27

* 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.


Moon Environment Technology Co (SZSE:000811) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Binglun Road, Shandong Province, Yantai, CHN
Moon Environment Technology Co Ltd operates in the refrigeration and air-conditioning industry. It is primarily involved in research and development, and manufacturing of industrial refrigeration, commercial refrigeration, and central air conditioner. The products offered by the group include refrigeration equipment, food processing equipment, auxiliary refrigeration equipment, cold storage panel, gas compression equipment. Geographically the business activities are carried out through China.
Executives
Liu Xi Jun Independent director
Yu Jing Supervisors
Ge Yun Jiang Executives
Gao Feng Director
Wu Li Li Executives
Yu Zhi Qiang Executives
Li Zeng Qun Director
Sun Xiu Xin Secretary Dong
Lu Shao Bin Directors, executives
Chen Dian Xin Director
Wang Xu Guang Supervisors
Dong Da Wen Supervisors
Wang Qin Bo Executives
Jiao Yu Xue Executives
Shu Jian Guo Executives

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