GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Doctorglasses Chain Co Ltd (SZSE:300622) » Definitions » Interest Expense

Doctorglasses Chain Co (SZSE:300622) Interest Expense : ¥-7 Mil (TTM As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Doctorglasses Chain Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Doctorglasses Chain Co's interest expense for the three months ended in Mar. 2024 was ¥ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-7 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. Doctorglasses Chain Co's Operating Income for the three months ended in Mar. 2024 was ¥ 35 Mil. Doctorglasses Chain Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -2 Mil. Doctorglasses Chain Co's Interest Coverage for the quarter that ended in Mar. 2024 was 17.26. 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.

Doctorglasses Chain Co Interest Expense Historical Data

The historical data trend for Doctorglasses Chain 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.

Doctorglasses Chain Co Interest Expense Chart

Doctorglasses Chain 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 -2.99 -1.05 -9.09 -9.02 -7.69

Doctorglasses Chain 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 -2.73 -1.17 -1.86 -1.93 -2.01

Doctorglasses Chain 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 ¥-7 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.

Doctorglasses Chain Co  (SZSE:300622) 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.

Doctorglasses Chain Co's Interest Expense for the three months ended in Mar. 2024 was ¥-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥78 Mil.

Doctorglasses Chain 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*34.687/-2.01
=17.26

* 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.

Doctorglasses Chain Co (SZSE:300622) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Doctorglasses Chain Co Ltd (SZSE:300622) » Definitions » Interest Expense
Comparable Companies
SZSE:002403 SHSE:603230 SZSE:301335 SHSE:603353 SHSE:603214 SHSE:600128 SZSE:002780 SZSE:300736 SZSE:002344 SZSE:301376 ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC BBY ADX:ADNOCDIST CASY
Traded in Other Exchanges
N/A
Address
4028 Jintian Road, 2nd Floor, Rongchao Economic and Trade Center, Futian District, Shenzhen, CHN, 518038
Website
http://www.doctorglasses.com.cn
Doctorglasses Chain Co Ltd operates as a retail chain company which is engaged in the eyeglasses business in China. The company offers glasses under the President optical and doctor glasses Zele brand name. It offers reading glasses, sunglasses, frames and lenses, contact lenses, contact lens liquid solution and others.
Executives
Liu Zhi Ming Directors, executives
Zheng Qing Qiu Executives
He Qing Bai Executives
Director
Liu Kai Yue Directors, executives
Xiong Dan Securities Affairs Representative

Doctorglasses Chain Co (SZSE:300622) Headlines

No Headlines