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Zhanjiang Guolian Aquatic Products Co (SZSE:300094) Interest Expense : ¥-92 Mil (TTM As of Mar. 2024)


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What is Zhanjiang Guolian Aquatic Products Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhanjiang Guolian Aquatic Products Co's interest expense for the three months ended in Mar. 2024 was ¥ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-92 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. Zhanjiang Guolian Aquatic Products Co's Operating Income for the three months ended in Mar. 2024 was ¥ 86 Mil. Zhanjiang Guolian Aquatic Products Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -18 Mil. Zhanjiang Guolian Aquatic Products Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.68. 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.

Zhanjiang Guolian Aquatic Products Co Interest Expense Historical Data

The historical data trend for Zhanjiang Guolian Aquatic Products 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.

Zhanjiang Guolian Aquatic Products Co Interest Expense Chart

Zhanjiang Guolian Aquatic Products 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 -130.16 -113.54 -112.22 -117.17 -100.41

Zhanjiang Guolian Aquatic Products 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 -26.79 -26.84 -22.77 -24.00 -18.27

Zhanjiang Guolian Aquatic Products 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 ¥-92 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.

Zhanjiang Guolian Aquatic Products Co  (SZSE:300094) 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.

Zhanjiang Guolian Aquatic Products Co's Interest Expense for the three months ended in Mar. 2024 was ¥-18 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥86 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥280 Mil.

Zhanjiang Guolian Aquatic Products 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*85.524/-18.273
=4.68

* 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.

Zhanjiang Guolian Aquatic Products Co (SZSE:300094) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zhanjiang Guolian Aquatic Products Co Ltd (SZSE:300094) » Definitions » Interest Expense
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SZSE:002548 SHSE:600300 SHSE:605089 SZSE:001215 SHSE:600965 SHSE:600127 SZSE:000639 SZSE:000505 SHSE:605179 SZSE:002329 XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
No.6, Yongping South Road, Pingle In, Zhanjiang, CHN, 524022
Website
http://www.gl-fish.com
Zhanjiang Guolian Aquatic Products Co Ltd is mainly focused on the aquaculture industry, has now developed into one of the whole supply chains in the hatchery, factory farming, feed, marine food processing into an international market.
Executives
Wang Zuo Zhou Executives
Li Chun Yan Director
Zheng Zhang Executives
Li Zhong Director
Zhao Hong Mei Executives
Lu Cheng Cheng Executives
Chen Han Directors, executives
Tang Si Yang Director

Zhanjiang Guolian Aquatic Products Co (SZSE:300094) Headlines

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