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YONFER Agricultural Technology Co (SZSE:000902) Interest Expense : ¥-50 Mil (TTM As of Mar. 2024)


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What is YONFER Agricultural Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. YONFER Agricultural Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-50 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. YONFER Agricultural Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 452 Mil. YONFER Agricultural Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -16 Mil. YONFER Agricultural Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 28.98. 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.

YONFER Agricultural Technology Co Interest Expense Historical Data

The historical data trend for YONFER Agricultural 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.

YONFER Agricultural Technology Co Interest Expense Chart

YONFER Agricultural 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 -4.23 -2.98 -30.96 -45.15 -48.79

YONFER Agricultural 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 -14.78 -13.63 -9.48 -10.91 -15.58

YONFER Agricultural 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 ¥-50 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.

YONFER Agricultural Technology Co  (SZSE:000902) 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.

YONFER Agricultural Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-16 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥452 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,640 Mil.

YONFER Agricultural 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*451.508/-15.579
=28.98

* 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.

YONFER Agricultural Technology Co (SZSE:000902) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » YONFER Agricultural Technology Co Ltd (SZSE:000902) » Definitions » Interest Expense
Comparable Companies
SZSE:000553 SHSE:603599 SZSE:301035 SHSE:600596 SZSE:000893 SZSE:000422 SZSE:002539 SZSE:002004 SZSE:002215 SZSE:002588 CTVA TSX:NTR CF SAU:2020 SZSE:000792 MOS MIC:PHOR OSL:YAR FMC NSE:PIIND
Traded in Other Exchanges
N/A
Address
No. 7 North Yuelianghu Road, Hubei Province, Jingmen, CHN, 448000
Website
https://www.yonfer.com
YONFER Agricultural Technology Co Ltd is engaged in the research, development, production, and sales of high-concentration phosphate compound fertilizers and new fertilizers, as well as modern agriculture-related technologies, equipment, and products. It offers ammonium phosphate, phosphate fertilizer, compound fertilizer, organic-inorganic compound fertilizer, bio-organic fertilizer, microbial fertilizer, sulfuric acid, and others.

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