Tongding Interconnection Information Co (SZSE:002491) Interest Expense : ¥-94 Mil (TTM As of Mar. 2024)

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What is Tongding Interconnection Information Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tongding Interconnection Information Co's interest expense for the three months ended in Mar. 2024 was ¥ -29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-94 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. Tongding Interconnection Information Co's Operating Income for the three months ended in Mar. 2024 was ¥ 77 Mil. Tongding Interconnection Information Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -29 Mil. Tongding Interconnection Information Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.68. 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.

Tongding Interconnection Information Co Interest Expense Historical Data

The historical data trend for Tongding Interconnection Information 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.

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Tongding Interconnection Information Co Interest Expense Chart

Tongding Interconnection Information Co Annual Data

Trend

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Dec23

Interest Expense

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-178.35

-186.52

-184.86

-109.45

-94.39

Tongding Interconnection Information 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															-29.02	-20.50	-39.77	-5.10	-28.75

Tongding Interconnection Information 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 ¥-94 Mil.

Tongding Interconnection Information Co (SZSE:002491) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tongding Interconnection Information Co's Interest Expense for the three months ended in Mar. 2024 was ¥-29 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥6 Mil.

Tongding Interconnection Information 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	*	76.91	/	-28.747
	=	2.68

The higher the ratio, the stronger the company's financial strength is.

Tongding Interconnection Information Co (SZSE:002491) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tongding Interconnection Information Co Ltd (SZSE:002491) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No.18, Xiaoping Road, Badu Industrial Zone, Zhenze, Wujiang, Jiangsu, CHN, 215233

Website

http://www.tdgd.com.cn

Tongding Interconnection Information Co Ltd is a China-based fiber optic cable manufacturing company. It specializes in the production of optical fiber, optical fiber cable, optical devices, optical fiber sensors, special optical cables and other products. In addition, the company also provides data center solution, cloud data center cable solution, rail transit cable solution, and wireless signal distribution system.

Executives

Yan Yong Qing	Directors, executives
Liu Dong Yang	Director
Cai Wen Jie	Executives
Chen Hai Bin	Director
Huang Jian	Director
Qian Hui Fang	Director
Peng Sheng Qian	Executives
Zhang Yue Fang	Directors, executives
Jiang Xiao Qiang	Executives
Li Jun	Executives
Shen Feng	Director
Li Long Qin	Director
Chen Bin	Supervisors
He Zhong Liang	Directors, Directors, and Executives
Liu Yan Hui	Executives

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