GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xiamen Intretech Inc (SZSE:002925) » Definitions » Interest Expense

Xiamen Intretech (SZSE:002925) Interest Expense : ¥-27 Mil (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Xiamen Intretech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xiamen Intretech's interest expense for the three months ended in Mar. 2024 was ¥ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-27 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. Xiamen Intretech's Operating Income for the three months ended in Mar. 2024 was ¥ 59 Mil. Xiamen Intretech's Interest Expense for the three months ended in Mar. 2024 was ¥ -6 Mil. Xiamen Intretech's Interest Coverage for the quarter that ended in Mar. 2024 was 9.49. 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.

Xiamen Intretech Interest Expense Historical Data

The historical data trend for Xiamen Intretech'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.

Xiamen Intretech Interest Expense Chart

Xiamen Intretech 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 -0.25 -6.72 -16.62 -28.78 -26.66

Xiamen Intretech 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 -6.16 -6.63 -7.14 -6.73 -6.18

Xiamen Intretech 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 ¥-27 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.

Xiamen Intretech  (SZSE:002925) 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.

Xiamen Intretech's Interest Expense for the three months ended in Mar. 2024 was ¥-6 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥59 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥336 Mil.

Xiamen Intretech'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*58.715/-6.184
=9.49

* 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.

Xiamen Intretech (SZSE:002925) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xiamen Intretech Inc (SZSE:002925) » Definitions » Interest Expense
Comparable Companies
SHSE:688007 SZSE:002351 SHSE:603327 SZSE:002681 SZSE:000829 SHSE:688696 SZSE:000016 SZSE:002045 SZSE:300857 SHSE:600268 AAPL XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 XKRX:066570 XKRX:003550 SZSE:002241 SHSE:603296 SZSE:300866
Traded in Other Exchanges
N/A
Address
2-7 Floor, No. 588 Jiahe Road, Torch Park, Huli District, Fujian, Xiamen, CHN, 361006
Website
http://www.intretech.com
Xiamen Intretech Inc manufactures family entertainment control equipment, man-machine interface control equipment, computer automatic storage equipment, automotive electronics and related electronic products. Its overseas business is mainly on Original Design Manufacturing (ODM) and Original Equipment Manufacturer (OEM) business with global brand products.
Executives
Lin Xian Feng Directors, executives
Yang Ming Directors, executives
Lin Song Hua Director
Wu Wen Jiang Supervisors
Li Jin Miao Directors, executives
Wu Xue Fen Director
Wang Zhan Qing Directors, executives
Wu Kai Ting Director
Gao Hui Ling Securities Affairs Representative
Hu Hai Rong Supervisors

Xiamen Intretech (SZSE:002925) Headlines

No Headlines