GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China VTV Ltd (OTCPK:CVTV) » Definitions » Interest Expense

China VTV (China VTV) Interest Expense : $-0.03 Mil (TTM As of Aug. 2020)


View and export this data going back to 2016. Start your Free Trial

What is China VTV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China VTV's interest expense for the three months ended in Aug. 2020 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2020 was $-0.03 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. China VTV's Operating Income for the three months ended in Aug. 2020 was $ 0.20 Mil. China VTV's Interest Expense for the three months ended in Aug. 2020 was $ -0.01 Mil. China VTV's Interest Coverage for the quarter that ended in Aug. 2020 was 17.00. 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.


China VTV Interest Expense Historical Data

The historical data trend for China VTV'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.

China VTV Interest Expense Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Interest Expense
Get a 7-Day Free Trial - - - - -

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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 - - - -0.02 -0.01

China VTV 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 Aug. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 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.


China VTV  (OTCPK:CVTV) 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.

China VTV's Interest Expense for the three months ended in Aug. 2020 was $-0.01 Mil. Its Operating Income for the three months ended in Aug. 2020 was $0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2020 was $0.00 Mil.

China VTV's Interest Coverage for the quarter that ended in Aug. 2020 is calculated as

Interest Coverage=-1* Operating Income (Q: Aug. 2020 )/Interest Expense (Q: Aug. 2020 )
=-1*0.204/-0.012
=17.00

* 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.


China VTV (China VTV) Business Description

Traded in Other Exchanges
N/A
Address
315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.
Executives
Jack Chen director, 10 percent owner, officer: See Remarks ROOM 701, BUILDING 13, LANE 51 SHANGZHONG ROAD, XUHUI DISTRICT SHANGHAI F4 00000

China VTV (China VTV) Headlines

No Headlines