GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tungkong Inc (SZSE:002117) » Definitions » Interest Expense

Tungkong (SZSE:002117) Interest Expense : ¥-2 Mil (TTM As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tungkong Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tungkong's interest expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-2 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. Tungkong's Operating Income for the three months ended in Mar. 2024 was ¥ 55 Mil. Tungkong's Interest Expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Tungkong's Interest Coverage for the quarter that ended in Mar. 2024 was 132.01. 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.

Tungkong Interest Expense Historical Data

The historical data trend for Tungkong'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.

Tungkong Interest Expense Chart

Tungkong 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 -0.01 -0.29 -1.15 -1.74 -2.09

Tungkong Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.44 -0.44 -0.39 -0.83 -0.42

Tungkong 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 ¥-2 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.

Tungkong  (SZSE:002117) 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.

Tungkong's Interest Expense for the three months ended in Mar. 2024 was ¥-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥31 Mil.

Tungkong's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*55.05/-0.417
=132.01

* 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.

Good Sign:

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

Tungkong (SZSE:002117) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tungkong Inc (SZSE:002117) » Definitions » Interest Expense
Comparable Companies
BJSE:873122 SZSE:300688 SHSE:603081 SZSE:300215 SZSE:300947 SZSE:300887 SZSE:301289 SZSE:000812 SZSE:300795 SZSE:002599 LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN TSX:RBA XPAR:SW ASX:BXB LSE:RTO
Traded in Other Exchanges
N/A
Address
No.23, Shanda Northern Road, Jinan, Shandong, CHN, 250100
Website
http://www.tungkong.com.cn
Tungkong Inc is a China-based company engages in the manufactures and sale of business papers, commercial printing, and other papers products. The company's business scope covers ticket and security printing, label printing, data processing, smart card converting. Its products include Card, Data Service, among others.
Executives
Qi Li Guo Directors, executives
Zhang Li Supervisors
Zheng Li Executives
Liu Hong Executives
Wang Xiao Yan Supervisors
Ruan Yong Cheng Securities Affairs Representative
Zhu Zhen Executives
Li Bao Zheng Supervisors
Zheng Gang Independent director
Zhou Ping Director
Gu Wang Jiang Director
Shi Lin Director

Tungkong (SZSE:002117) Headlines

No Headlines