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Tianyu Digital Technology (Dalian) Group Co (SZSE:002354) Interest Expense : ¥-1 Mil (TTM As of Mar. 2024)


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What is Tianyu Digital Technology (Dalian) Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tianyu Digital Technology (Dalian) Group Co'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 ¥-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. Tianyu Digital Technology (Dalian) Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 30 Mil. Tianyu Digital Technology (Dalian) Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Tianyu Digital Technology (Dalian) Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 131.46. 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.

Tianyu Digital Technology (Dalian) Group Co Interest Expense Historical Data

The historical data trend for Tianyu Digital Technology (Dalian) Group 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.

Tianyu Digital Technology (Dalian) Group Co Interest Expense Chart

Tianyu Digital Technology (Dalian) Group Co 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 -377.36 -333.72 -1.07 -1.25 -1.15

Tianyu Digital Technology (Dalian) Group Co 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 -0.18 -0.32 -0.28 -0.36 -0.23

Tianyu Digital Technology (Dalian) Group 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 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.

Tianyu Digital Technology (Dalian) Group Co  (SZSE:002354) 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.

Tianyu Digital Technology (Dalian) Group Co'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 ¥30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥11 Mil.

Tianyu Digital Technology (Dalian) Group Co'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*29.974/-0.228
=131.46

* 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.

Tianyu Digital Technology (Dalian) Group Co (SZSE:002354) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tianyu Digital Technology (Dalian) Group Co Ltd (SZSE:002354) » Definitions » Interest Expense
Comparable Companies
SZSE:002174 SZSE:300113 SZSE:300533 SHSE:603258 SZSE:300052 SZSE:300315 SZSE:002425 SZSE:300518 SZSE:300467 SZSE:301011 ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
N/A
Address
No. 31 Zhifu Street, Unit 905, Zhongshan District, Liaoning Province, Dalian, CHN, 100123
Website
http://www.tianshenyule.com
Tianyu Digital Technology (Dalian) Group Co Ltd develops and publishes online games. It offers various games such as Changfei Change, Dream Q Immortal, The People's Destruction of God, and Variety of Changes.
Executives
Shi Bo Tao Directors, executives
Shen Xue Lian Director
Gong Jiao Executives
Zhu Ye Directors, executives
Yin Chun Fen Directors, executives
Sun Jun Executives
Meng Xiang Dong Director
Shen Yan Ling Executives

Tianyu Digital Technology (Dalian) Group Co (SZSE:002354) Headlines

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