Merit Interactive Co (SZSE:300766) Interest Expense : ¥-52.3 Mil (TTM As of Mar. 2024)

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What is Merit Interactive Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Merit Interactive Co's interest expense for the three months ended in Mar. 2024 was ¥ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-52.3 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. Merit Interactive Co's Operating Income for the three months ended in Mar. 2024 was ¥ -5.7 Mil. Merit Interactive Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.0 Mil. Merit Interactive Co did not have earnings to cover the interest expense. 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.

Merit Interactive Co Interest Expense Historical Data

The historical data trend for Merit Interactive 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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Merit Interactive Co Interest Expense Chart

Merit Interactive Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.02

-0.04

-0.49

-0.04

-0.05

Merit Interactive 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															-	-13.60	-	-38.69	-0.04

Merit Interactive 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 ¥-52.3 Mil.

Merit Interactive Co (SZSE:300766) 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.

Merit Interactive Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-5.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1.3 Mil.

Merit Interactive Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Merit Interactive Co did not have earnings to cover the interest expense.

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

Merit Interactive Co (SZSE:300766) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Merit Interactive Co Ltd (SZSE:300766) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

West District, No. 525, Xixi Road, No. 7 Xidoumen Road, Xihu District, Hangzhou, Zhejiang, Building A, Room 418, 14th Floor, Block A, Qiandao Lake Zhigu Building, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012

Website

https://www.getui.com

Merit Interactive Co Ltd is a provider of integrated mobile Internet services based on big data.

Executives

Yin Zu Yong	Director
Chen Jin Lai	Supervisors
Fang Yi	Directors, executives
Dong Lin	Supervisors

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