AVIC Jonhon Optronic Technology Co (SZSE:002179) Interest Expense : ¥-36 Mil (TTM As of Mar. 2024)

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What is AVIC Jonhon Optronic Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AVIC Jonhon Optronic Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-36 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. AVIC Jonhon Optronic Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 886 Mil. AVIC Jonhon Optronic Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -8 Mil. AVIC Jonhon Optronic Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 105.83. 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.

AVIC Jonhon Optronic Technology Co Interest Expense Historical Data

The historical data trend for AVIC Jonhon Optronic 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.

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AVIC Jonhon Optronic Technology Co Interest Expense Chart

AVIC Jonhon Optronic Technology Co Annual Data

Trend

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Interest Expense

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-94.63

-48.01

-42.35

-37.91

-37.52

AVIC Jonhon Optronic 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															-9.67	-11.59	-9.25	-7.00	-8.37

AVIC Jonhon Optronic 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 ¥-36 Mil.

AVIC Jonhon Optronic Technology Co (SZSE:002179) 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.

AVIC Jonhon Optronic Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-8 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥886 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥626 Mil.

AVIC Jonhon Optronic 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	*	886.144	/	-8.373
	=	105.83

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. AVIC Jonhon Optronic Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

AVIC Jonhon Optronic Technology Co (SZSE:002179) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AVIC Jonhon Optronic Technology Co Ltd (SZSE:002179) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No.10 Zhoushan Road, Luoyang, CHN, 471003

Website

http://www.jonhon.cn

AVIC Jonhon Optronic Technology Co Ltd is specialized in research and development of optical, electrical, fluid technology and equipment. The company products are used in aviation, aerospace and military field, communication and data center field, railway transportation field, new energy vehicle field, power equipment, petroleum equipment, medical equipment, and other civil high-end manufacturing fields. It also exports to European countries, the United States, Israel, Australia, Korea, India and so on.

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