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Poco Holdings Co (SZSE:300811) Interest Expense : ¥-22 Mil (TTM As of Jun. 2024)


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What is Poco Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Poco Holdings Co's interest expense for the three months ended in Jun. 2024 was ¥ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-22 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. Poco Holdings Co's Operating Income for the three months ended in Jun. 2024 was ¥ 143 Mil. Poco Holdings Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -4 Mil. Poco Holdings Co's Interest Coverage for the quarter that ended in Jun. 2024 was 35.17. 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.

Poco Holdings Co Interest Expense Historical Data

The historical data trend for Poco Holdings 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.

Poco Holdings Co Interest Expense Chart

Poco Holdings 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 -2.18 -3.92 -7.29 -10.59 -17.61

Poco Holdings 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 0.03 -1.35 -12.20 -3.90 -4.06

Poco Holdings 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 ¥-22 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.

Poco Holdings Co  (SZSE:300811) 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.

Poco Holdings Co's Interest Expense for the three months ended in Jun. 2024 was ¥-4 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥143 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥285 Mil.

Poco Holdings 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*142.635/-4.056
=35.17

* 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.

Poco Holdings Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Poco Holdings Co Ltd (SZSE:300811) » Definitions » Interest Expense
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SZSE:002053 SZSE:300446 SHSE:605008 SHSE:601678 SZSE:300398 SHSE:688300 SHSE:688268 SHSE:600586 SZSE:300072 SHSE:603227 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
No 28, Langshan Road, 3rd Floor, Building 2, Room 301-306, Northern District of High Technology Industry Park, Nanshan District, Shenzhen, CHN
Website
http://www.pocomagnetic.com
Poco Holdings Co Ltd is engaged in production and sales of alloy powder. The company manufactures magnetic materials, inductors, chip inductors, coils, magnetic electronic components and related equipment; stainless steel powder, steel alloy powder, iron powder, copper powder, aluminum powder, special metal alloy powder.
Executives
Du Jiang Hua Director
Luo Zhi Min Directors, executives
Ruan Jia Lin Directors, Directors, and Executives
Guo Xiong Zhi Directors, executives
You Xin Executives
Li Zheng Ping Securities Affairs Representative

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