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Jiuzi Holdings (Jiuzi Holdings) Interest Expense : $-0.31 Mil (TTM As of Oct. 2023)


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What is Jiuzi Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiuzi Holdings's interest expense for the six months ended in Oct. 2023 was $ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was $-0.31 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. Jiuzi Holdings's Operating Income for the six months ended in Oct. 2023 was $ -3.16 Mil. Jiuzi Holdings's Interest Expense for the six months ended in Oct. 2023 was $ -0.07 Mil. Jiuzi Holdings 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.


Jiuzi Holdings Interest Expense Historical Data

The historical data trend for Jiuzi 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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Jiuzi Holdings Interest Expense Chart

Jiuzi Holdings Annual Data
Trend Oct18 Oct19 Oct20 Apr21 Oct22 Oct23
Interest Expense
Get a 7-Day Free Trial - - - -1.34 -0.31

Jiuzi Holdings Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -0.46 -0.88 -0.24 -0.07

Jiuzi 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.31 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.


Jiuzi Holdings  (NAS:JZXN) 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.

Jiuzi Holdings's Interest Expense for the six months ended in Oct. 2023 was $-0.07 Mil. Its Operating Income for the six months ended in Oct. 2023 was $-3.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was $0.19 Mil.

Jiuzi Holdings's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Jiuzi Holdings 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.


Jiuzi Holdings (Jiuzi Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 168 Qianjiang Nongchang Gengwen Road, 15th Floor, Economic and Technological Development Zone, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 310000
Jiuzi Holdings Inc operates as a franchise under the brand name Jiuzi. It sells new energy vehicles in third-fourth tier cities in China. The firm also sells plug-in electric vehicles on-demand from vehicle buyers. Its business segments are sales of NEVs and Franchisees service. The company generates a majority of its revenue from NEVs segment. Geographically, the firm operates in China.