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Jiujiang Defu Technology Co (SZSE:301511) Interest Expense : ¥-185 Mil (TTM As of Mar. 2024)


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What is Jiujiang Defu Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiujiang Defu Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-185 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. Jiujiang Defu Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -98 Mil. Jiujiang Defu Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -42 Mil. Jiujiang Defu Technology 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.

Jiujiang Defu Technology Co Interest Expense Historical Data

The historical data trend for Jiujiang Defu 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.

Jiujiang Defu Technology Co Interest Expense Chart

Jiujiang Defu Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -12.44 -49.71 -79.37 -139.01 -187.97

Jiujiang Defu Technology Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 -44.65 -38.30 -48.83 -56.19 -41.56

Jiujiang Defu 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 ¥-185 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.

Jiujiang Defu Technology Co  (SZSE:301511) 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.

Jiujiang Defu Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-42 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,028 Mil.

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

Jiujiang Defu Technology 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Jiujiang Defu Technology Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Jiujiang Defu Technology Co (SZSE:301511) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jiujiang Defu Technology Co Ltd (SZSE:301511) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 15, Shunyi Road, Automobile Industrial Park, Development Zone, Jiangxi Province, Jiujiang, CHN, 332005
Website
http://www.jjdefu.com
Jiujiang Defu Technology Co Ltd is engaged in the research and development, production and sales of various high-performance electrolytic copper foils. The products mainly include various high-performance lithium battery copper foils and electronic circuit copper foils.

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