GURUFOCUS.COM » STOCK LIST » Technology » Software » WebRAY Tech (Beijing) Co Ltd (SHSE:688651) » Definitions » Interest Expense

WebRAY Tech (Beijing) Co (SHSE:688651) Interest Expense : ¥-1.3 Mil (TTM As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is WebRAY Tech (Beijing) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WebRAY Tech (Beijing) Co's interest expense for the three months ended in Mar. 2024 was ¥ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1.3 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. WebRAY Tech (Beijing) Co's Operating Income for the three months ended in Mar. 2024 was ¥ -14.8 Mil. WebRAY Tech (Beijing) Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.1 Mil. WebRAY Tech (Beijing) Co 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.


WebRAY Tech (Beijing) Co Interest Expense Historical Data

The historical data trend for WebRAY Tech (Beijing) 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.

WebRAY Tech (Beijing) Co Interest Expense Chart

WebRAY Tech (Beijing) Co Annual Data
Trend Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.09 -0.06 -0.28 -0.30 -0.73

WebRAY Tech (Beijing) Co Quarterly Data
Dec13 Dec14 Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.08 -0.31 -0.94 - -0.07

WebRAY Tech (Beijing) 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1.3 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.


WebRAY Tech (Beijing) Co  (SHSE:688651) 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.

WebRAY Tech (Beijing) Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-14.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥3.8 Mil.

WebRAY Tech (Beijing) Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

WebRAY Tech (Beijing) Co 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.


WebRAY Tech (Beijing) Co (SHSE:688651) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Shangdi Ninth Street, Room 209, 2nd Floor, Haidian, Beijing, CHN, 100085
WebRAY Tech (Beijing) Co Ltd is engaged in Research and development, production and sales of network security products. The company is focused on the field of cyberspace security, with the mission of making cyberspace more orderly, providing customers with basic network security, business scene security, and cyberspace map security products and services.

WebRAY Tech (Beijing) Co (SHSE:688651) Headlines

No Headlines