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Jiangxi Zhengbang Technology Co (SZSE:002157) Interest Expense : ¥-620 Mil (TTM As of Mar. 2024)


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What is Jiangxi Zhengbang Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangxi Zhengbang Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-620 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. Jiangxi Zhengbang Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -40 Mil. Jiangxi Zhengbang Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -23 Mil. Jiangxi Zhengbang Technology 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.

Jiangxi Zhengbang Technology Co Interest Expense Historical Data

The historical data trend for Jiangxi Zhengbang 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.

Jiangxi Zhengbang Technology Co Interest Expense Chart

Jiangxi Zhengbang 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 -345.98 -918.28 -1,258.91 -1,431.88 -788.40

Jiangxi Zhengbang 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 -191.32 -272.90 -243.22 -80.96 -23.14

Jiangxi Zhengbang 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 ¥-620 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.

Jiangxi Zhengbang Technology Co  (SZSE:002157) 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.

Jiangxi Zhengbang Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-23 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,509 Mil.

Jiangxi Zhengbang Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Jiangxi Zhengbang Technology 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.

Jiangxi Zhengbang Technology Co (SZSE:002157) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiangxi Zhengbang Technology Co Ltd (SZSE:002157) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Number 569, Aixihu Yilu Road, Jiangxi Province, Nanchang, CHN, 330096
Website
http://www.zhengbang.com
Jiangxi Zhengbang Technology Co Ltd operates in the agricultural industry in China. It offers wet instant noodles, feedstuffs, veterinary drugs, and pesticides. The company is also involved in the boar breeding activity.
Executives
Guo Xiang Yi Supervisors
Wang Yong Hong Executives
Li Zhi Xuan Director
Cheng Fan Gui Director
Director
Lin Yin Sun Director
Zhou Jin Ming Executives
Wang Fei Secretary Dong
Liu Dao Jun Director
Hu Ren Hui Securities Affairs Representative
Lin Feng Executives
Zhou Ding Gui Executives
Zhang Wei Dong Director

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