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Hongbo Co (SZSE:002229) Interest Expense : ¥-26.3 Mil (TTM As of Mar. 2024)


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What is Hongbo Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hongbo Co's interest expense for the three months ended in Mar. 2024 was ¥ -5.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-26.3 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. Hongbo Co's Operating Income for the three months ended in Mar. 2024 was ¥ -12.8 Mil. Hongbo Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -5.1 Mil. Hongbo 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.

Hongbo Co Interest Expense Historical Data

The historical data trend for Hongbo 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.

Hongbo Co Interest Expense Chart

Hongbo 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 -5.99 -5.15 -10.29 -24.50 -26.82

Hongbo 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 -5.64 -6.59 -6.90 -7.69 -5.13

Hongbo 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 ¥-26.3 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.

Hongbo Co  (SZSE:002229) 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.

Hongbo Co's Interest Expense for the three months ended in Mar. 2024 was ¥-5.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-12.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥208.3 Mil.

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

Hongbo 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.

Hongbo Co (SZSE:002229) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hongbo Co Ltd (SZSE:002229) » Definitions » Interest Expense
Comparable Companies
SZSE:002183 SHSE:600648 SHSE:605108 SZSE:301508 SZSE:300592 SZSE:300887 SZSE:300795 SHSE:603081 SHSE:688334 SZSE:300688 LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN XPAR:SW LSE:RTO ASX:BXB TSX:RBA
Traded in Other Exchanges
N/A
Address
No. 136 Jinda Road, Jinshan Development Zone, Fujian Province, Fuzhou, CHN, 350002
Website
http://www.hb-print.com.cn
Hongbo Co Ltd is a China-based company engaged in the security printing business. It is involved in the printing of commercial bills in China. The company's main products are heat-sensitive paper tickets, general paper tickets and paper packaging products for office use. In addition, the company is also involved in the other businesses such as the Lottery industry, Security printing, Packaging industry, Color printing industry, Internet of things industry, and Business and interactive entertainment industry.
Executives
You You Luan Directors, executives
He Ai Ping Supervisors
Chen Xian Zhang Secretary Dong
Zhou Mei Mei Directors, executives
You Li Juan Director
You Yu Xian Director
Xie You Jun Supervisors
Guo Bin Executives
Wang Wen Jing Supervisors
Yang You Lin Director
Liu Yuan Hai Supervisors
Zhang Jian Jun Executives

Hongbo Co (SZSE:002229) Headlines

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