GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tech-Bank Food Co Ltd (SZSE:002124) » Definitions » Interest Expense

Tech-Bank Food Co (SZSE:002124) Interest Expense : ¥-474 Mil (TTM As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tech-Bank Food Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tech-Bank Food Co's interest expense for the three months ended in Mar. 2024 was ¥ -108 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-474 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. Tech-Bank Food Co's Operating Income for the three months ended in Mar. 2024 was ¥ -363 Mil. Tech-Bank Food Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -108 Mil. Tech-Bank Food Co did not have earnings to cover the interest expense. 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.

Tech-Bank Food Co Interest Expense Historical Data

The historical data trend for Tech-Bank Food 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.

Tech-Bank Food Co Interest Expense Chart

Tech-Bank Food 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 -135.34 -153.95 -363.30 -542.98 -487.14

Tech-Bank Food 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 -121.19 -113.74 -121.62 -130.59 -108.31

Tech-Bank Food 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 ¥-474 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.

Tech-Bank Food Co  (SZSE:002124) 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.

Tech-Bank Food Co's Interest Expense for the three months ended in Mar. 2024 was ¥-108 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-363 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,880 Mil.

Tech-Bank Food Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Tech-Bank Food Co did not have earnings to cover the interest expense.

* 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.

Tech-Bank Food Co (SZSE:002124) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tech-Bank Food Co Ltd (SZSE:002124) » Definitions » Interest Expense
Comparable Companies
SZSE:300138 SHSE:600108 SZSE:300175 SZSE:301116 SZSE:002746 SZSE:300972 SZSE:000735 SZSE:002166 SZSE:000529 SZSE:001313 SZSE:002714 ADM TSN SZSE:300498 BG SHSE:600438 OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
Traded in Other Exchanges
N/A
Address
Sunshine International Building, No. 55 Yuli Road, Block A, 1805-1807, Zhejiang Province, Yuyao, CHN, 200233
Website
http://www.tianbang.com
Tech-Bank Food Co Ltd is a China-based company engaged in the development, processing, and sales of food. Its main businesses include the pig breeding, pig farming and pork processing, the research and development, manufacturing and sales of animal vaccines, the research and development, production and sales of feed, as well as the engineering environmental services. The company mainly distributes its products in domestic and overseas markets.
Executives
Zhang Bang Hui Directors, executives
Li Shuang Bin Executives
Chen Xin Sheng Director
Shen Wei Ping Directors, executives
Xia Min Hai Executives
Yu Qian Executives
Wang Zhen Kun Executives
Zhang Bing Liang Supervisors
Zhu Ai Min Executives
Xia Yan Securities Affairs Representative
Zhang Yu Directors, executives
Wu Tian Xing Director
Lu Yu Xiao Executives
Zhang Lei Executives
Wang Wei Executives, directors

Tech-Bank Food Co (SZSE:002124) Headlines

No Headlines