GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Chongqing Mas Sci and Tech Co Ltd (SZSE:300275) » Definitions » Interest Expense

Chongqing Mas Sci and Tech Co (SZSE:300275) Interest Expense : ¥-6.2 Mil (TTM As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Chongqing Mas Sci and Tech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chongqing Mas Sci and Tech Co's interest expense for the three months ended in Mar. 2024 was ¥ -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-6.2 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. Chongqing Mas Sci and Tech Co's Operating Income for the three months ended in Mar. 2024 was ¥ 15.1 Mil. Chongqing Mas Sci and Tech Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1.5 Mil. Chongqing Mas Sci and Tech Co's Interest Coverage for the quarter that ended in Mar. 2024 was 9.83. 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.

Chongqing Mas Sci and Tech Co Interest Expense Historical Data

The historical data trend for Chongqing Mas Sci and Tech 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.

Chongqing Mas Sci and Tech Co Interest Expense Chart

Chongqing Mas Sci and Tech 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 -7.12 -5.16 -5.32 -5.41 -6.11

Chongqing Mas Sci and Tech 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 -1.45 -1.58 -1.68 -1.40 -1.53

Chongqing Mas Sci and Tech 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 ¥-6.2 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.

Chongqing Mas Sci and Tech Co  (SZSE:300275) 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.

Chongqing Mas Sci and Tech Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥15.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥103.7 Mil.

Chongqing Mas Sci and Tech 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*15.062/-1.533
=9.83

* 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.

Chongqing Mas Sci and Tech Co (SZSE:300275) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Chongqing Mas Sci and Tech Co Ltd (SZSE:300275) » Definitions » Interest Expense
Comparable Companies
SZSE:300078 SZSE:300902 SHSE:605268 SZSE:300656 SZSE:300448 SZSE:002835 SZSE:301213 SZSE:300155 SZSE:301042 SZSE:300333 OSTO:ASSA B TSE:9735 SZSE:002236 ALLE MSA ADT OSTO:SECU B BCO TSE:2331 SZSE:002268
Traded in Other Exchanges
N/A
Address
No. 28, Fuyuan Road, Jiulongpo, Chongqing, CHN
Website
http://www.cqmas.com
Chongqing Mas Sci and Tech Co Ltd is engaged in providing data processing and application services in the field of large security and information technology service standard operation, and maintenance service capabilities.
Executives
Ye Li Sheng Director
Deng Guo Qing Independent director
Zheng Hai Jiang Directors, executives
Liu Hang Directors, executives
Hu Shi Qiang Executives
Jin Xiao Han Directors, executives
Zhou He Hua Directors, executives
Ma Yan Director
Deng Zhong Tian Directors, executives
Liu Qiao Xi Directors, executives
Xie Xing Zhi Supervisors
Xiao Hu Executives
Quan Tai Feng Executives
Wu Guang Hong Executives
Peng Zhi Jiang Directors, executives

Chongqing Mas Sci and Tech Co (SZSE:300275) Headlines

No Headlines