GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ninestar Corporation (SZSE:002180) » Definitions » Interest Expense

Ninestar (SZSE:002180) Interest Expense : ¥-913 Mil (TTM As of Mar. 2024)


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

What is Ninestar Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ninestar's interest expense for the three months ended in Mar. 2024 was ¥ -172 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-913 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. Ninestar's Operating Income for the three months ended in Mar. 2024 was ¥ 412 Mil. Ninestar's Interest Expense for the three months ended in Mar. 2024 was ¥ -172 Mil. Ninestar's Interest Coverage for the quarter that ended in Mar. 2024 was 2.40. 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.

Ninestar Interest Expense Historical Data

The historical data trend for Ninestar'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.

Ninestar Interest Expense Chart

Ninestar 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 -875.19 -814.22 -595.64 -597.43 -935.74

Ninestar 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 -194.40 -263.05 -194.51 -283.78 -171.88

Ninestar 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 ¥-913 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.

Ninestar  (SZSE:002180) 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.

Ninestar's Interest Expense for the three months ended in Mar. 2024 was ¥-172 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥412 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥13,417 Mil.

Ninestar'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*412.094/-171.875
=2.40

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ninestar Corporations earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Ninestar (SZSE:002180) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ninestar Corporation (SZSE:002180) » Definitions » Interest Expense
Comparable Companies
SZSE:301308 SZSE:000066 SZSE:300223 SZSE:000977 SZSE:000021 SHSE:600100 SHSE:603019 SHSE:600601 SZSE:002635 SHSE:600734 DELL ANET SMCI SZSE:002415 TPE:2382 HPQ TSE:7751 WDC NTAP SHSE:688041
Traded in Other Exchanges
N/A
Address
No. 3883, Zhuhai Avenue, Xiangzhou District, Zhuhai, CHN, 519075
Website
http://www.ninestargroup.com
Ninestar Corporation manufactures and sells printer consumables and chip design. It is engaged in print imaging, imaging and output technology solutions, and print management services. The company provides its products through distributors.
Executives
Pang Jiang Hua Director
Song Feng Jun Supervisors
Ceng Yang Yun Supervisors
Chen Lei Executives
Wu An Yang Securities Affairs Representative
Ding Li Executives
Yan Wei Directors, executives
Wang Dong Jie Directors, executives
Cheng Yan Executives
Zhang Jian Zhou Directors, executives
Lin Tao Directors, executives
Zhu Xin Feng Director

Ninestar (SZSE:002180) Headlines

No Headlines