360 Ludashi Holdings (HKSE:03601) Interest Expense : HK$-0.1 Mil (TTM As of Dec. 2023)

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What is 360 Ludashi Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 360 Ludashi Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.1 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. 360 Ludashi Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 13.7 Mil. 360 Ludashi Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.1 Mil. 360 Ludashi Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 166.89. 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.

360 Ludashi Holdings Interest Expense Historical Data

The historical data trend for 360 Ludashi Holdings'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.

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360 Ludashi Holdings Interest Expense Chart

360 Ludashi Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.47

-0.24

-0.21

-0.14

360 Ludashi Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial								-0.10	-0.08	-0.07	-0.06	-0.08

360 Ludashi Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.1 Mil.

360 Ludashi Holdings (HKSE:03601) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

360 Ludashi Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-0.1 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$13.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$3.2 Mil.

360 Ludashi Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	13.685	/	-0.082
	=	166.89

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. 360 Ludashi Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

360 Ludashi Holdings (HKSE:03601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 360 Ludashi Holdings Ltd (HKSE:03601) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

1268 Tianfu Avenue, 11th Floor, 11-24 Tianfu Software Site E1, High-tech Zone, Sichuan Province, Chengdu, CHN, 610041

Website

https://www.ludashi.com

360 Ludashi Holdings Ltd is a hardware and system benchmarking and monitoring solutions provider for PC and mobile devices in China. It is principally engaged in the online traffic monetization, electronic devices sales, provision of online advertising services, online game business, sales of smart accessories, certified pre-owned and factory smartphones and certified pre-owned and factory other electronic devices in the PRC. It derives a majority of revenue from online advertising services.

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