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Shanghai Metersbonwe Fashion & Accessories Co (SZSE:002269) Interest Expense : ¥-56 Mil (TTM As of Mar. 2024)


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What is Shanghai Metersbonwe Fashion & Accessories Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Metersbonwe Fashion & Accessories Co's interest expense for the three months ended in Mar. 2024 was ¥ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-56 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. Shanghai Metersbonwe Fashion & Accessories Co's Operating Income for the three months ended in Mar. 2024 was ¥ 6 Mil. Shanghai Metersbonwe Fashion & Accessories Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -9 Mil. Shanghai Metersbonwe Fashion & Accessories Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.66. 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.

Shanghai Metersbonwe Fashion & Accessories Co Interest Expense Historical Data

The historical data trend for Shanghai Metersbonwe Fashion & Accessories 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.

Shanghai Metersbonwe Fashion & Accessories Co Interest Expense Chart

Shanghai Metersbonwe Fashion & Accessories 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 -78.24 -73.54 -94.43 -83.32 -58.79

Shanghai Metersbonwe Fashion & Accessories 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 -11.03 -9.48 -16.49 -21.79 -8.61

Shanghai Metersbonwe Fashion & Accessories 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 ¥-56 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.

Shanghai Metersbonwe Fashion & Accessories Co  (SZSE:002269) 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.

Shanghai Metersbonwe Fashion & Accessories Co's Interest Expense for the three months ended in Mar. 2024 was ¥-9 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥157 Mil.

Shanghai Metersbonwe Fashion & Accessories 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*5.715/-8.605
=0.66

* 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.

Shanghai Metersbonwe Fashion & Accessories Co (SZSE:002269) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shanghai Metersbonwe Fashion & Accessories Co Ltd (SZSE:002269) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 800 Kangqiao East Road, China (Shanghai) Pilot Free Trade Zone, Nanhui District, Shanghai, CHN, 201315
Website
http://www.metersbonwe.com
Shanghai Metersbonwe Fashion & Accessories Co Ltd is a China-based company engaged in the design, manufacture and sale of fashion casual wear and accessories. It provides apparel under the brand names Meters/bonwe and ME&CITY.
Executives
Cai Min Xu Supervisors
Zhou Cheng Jian Directors, executives
Yin Jian Xia Directors, executives
Zhou Wen Wu Director
Zhuang Tao Securities Affairs Representative
Wang Quan Geng Directors, executives
Han Zhong Wei Executives, securities affairs representatives

Shanghai Metersbonwe Fashion & Accessories Co (SZSE:002269) Headlines

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