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ShenZhen YUTO Packaging Technology Co (SZSE:002831) Interest Expense : ¥-163 Mil (TTM As of Mar. 2024)


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What is ShenZhen YUTO Packaging Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ShenZhen YUTO Packaging Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-163 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. ShenZhen YUTO Packaging Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 292 Mil. ShenZhen YUTO Packaging Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -31 Mil. ShenZhen YUTO Packaging Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 9.30. 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.

ShenZhen YUTO Packaging Technology Co Interest Expense Historical Data

The historical data trend for ShenZhen YUTO Packaging 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.

ShenZhen YUTO Packaging Technology Co Interest Expense Chart

ShenZhen YUTO Packaging 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 -156.91 -170.74 -145.40 -176.04 -175.45

ShenZhen YUTO Packaging 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 -43.63 -36.19 -32.80 -62.83 -31.35

ShenZhen YUTO Packaging 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 ¥-163 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.

ShenZhen YUTO Packaging Technology Co  (SZSE:002831) 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.

ShenZhen YUTO Packaging Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-31 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥292 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,422 Mil.

ShenZhen YUTO Packaging 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*291.569/-31.347
=9.30

* 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.

ShenZhen YUTO Packaging Technology Co (SZSE:002831) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » ShenZhen YUTO Packaging Technology Co Ltd (SZSE:002831) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No.1 Shihuan Road, Shiyan Town, Baoan District, Shenzhen, CHN, 518108
Website
http://www.szyuto.com
ShenZhen YUTO Packaging Technology Co Ltd provides printing and packaging solutions. The company specializes in consumer electronics, health, tobacco, cosmetics, food and other industries. It provides products and solutions, including color boxes, gift boxes, brochures, stickers, cartons, paper holders and intelligent packaging, environmental packaging, functional packaging, while providing creative design, innovative research and development, integrated manufacturing, automation large-scale production, multi-regional operation and the nearest fast delivery and other professional services.
Executives
Li Yu Xuan Secretary Dong
Wang Bin Chu Executives
Deng Qin Supervisors
Wu Lan Lan Directors, executives
Liu Zhong Qing Executives
Zhang En Fang Directors, executives
Wang Hua Jun Directors, executives
Peng Jing Supervisors
Tang Zi Wei Supervisors
Zhu Yong Li Executives

ShenZhen YUTO Packaging Technology Co (SZSE:002831) Headlines

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