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MLS Co (SZSE:002745) Interest Expense : ¥-135 Mil (TTM As of Jun. 2024)


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What is MLS Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MLS Co's interest expense for the three months ended in Jun. 2024 was ¥ -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-135 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. MLS Co's Operating Income for the three months ended in Jun. 2024 was ¥ 162 Mil. MLS Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -23 Mil. MLS Co's Interest Coverage for the quarter that ended in Jun. 2024 was 7.18. 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.

MLS Co Interest Expense Historical Data

The historical data trend for MLS 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.

MLS Co Interest Expense Chart

MLS 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 -483.92 -525.33 -313.87 -166.42 -180.99

MLS Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -40.64 -33.53 -66.55 -12.62 -22.53

MLS 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-135 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.

MLS Co  (SZSE:002745) 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.

MLS Co's Interest Expense for the three months ended in Jun. 2024 was ¥-23 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥162 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥160 Mil.

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

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*161.647/-22.525
=7.18

* 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.

MLS Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MLS Co Ltd (SZSE:002745) » Definitions » Interest Expense
Comparable Companies
SHSE:688001 SZSE:300115 SZSE:300726 SHSE:603267 SHSE:600363 SZSE:002654 SZSE:000727 SHSE:688141 SHSE:603678 SZSE:000970 APH TPE:2317 TEL SZSE:002475 TSE:6981 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
No.1 MLS Road, Xiaolan Town, Zhongshan, Guangdong, CHN, 528415
Website
http://www.zsmls.com
MLS Co Ltd is a China-based company engages in the manufacturing and packaging of LED light bulbs. It offers LED ceiling lights, road lights, kitchen lamps, downlights, candle lights, bulb lights, tube lights, rail lamps, grille lamps, filament bulbs, and diodes, as well as light strip. Its products are widely used in commercial lighting, home lighting, industrial and public lighting. The company distributes its products in domestic market and to overseas markets.
Executives
Sun Qing Huan Directors, executives
Zhou Li Hong Directors, executives
Zheng Ming Bo Directors, executives
Li Guan Qun Executives
Xiao Yan Song Secretary Dong
Liu Tian Ming Supervisors
Yi Ya Nan Directors, executives
Wang Gang Independent director

MLS Co Headlines

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