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Sanbo Hospital Management Group (SZSE:301293) Interest Expense : ¥-10 Mil (TTM As of Mar. 2024)


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What is Sanbo Hospital Management Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sanbo Hospital Management Group's interest expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-10 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. Sanbo Hospital Management Group's Operating Income for the three months ended in Mar. 2024 was ¥ 46 Mil. Sanbo Hospital Management Group's Interest Expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Sanbo Hospital Management Group's Interest Coverage for the quarter that ended in Mar. 2024 was 49.53. 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.


Sanbo Hospital Management Group Interest Expense Historical Data

The historical data trend for Sanbo Hospital Management Group'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.

Sanbo Hospital Management Group Interest Expense Chart

Sanbo Hospital Management Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -1.11 -1.18 -11.56 -11.59 -9.69

Sanbo Hospital Management Group Quarterly Data
Dec17 Dec18 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 -0.26 -5.10 -1.98 -2.35 -0.94

Sanbo Hospital Management Group 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 ¥-10 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.


Sanbo Hospital Management Group  (SZSE:301293) 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.

Sanbo Hospital Management Group's Interest Expense for the three months ended in Mar. 2024 was ¥-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥129 Mil.

Sanbo Hospital Management Group'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*46.362/-0.936
=49.53

* 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.


Sanbo Hospital Management Group (SZSE:301293) Business Description

Traded in Other Exchanges
N/A
Address
No. 50 Yikesong, Xiangshan Road, Room 105, Building No. 23, Haidian District, Haidian District, CHN, Haidian District
Sanbo Hospital Management Group Ltd is a neurology medical group engaged in clinical medical services. It adheres to the vision of expertise in medicine, education, and research, advocates the coordinated development of medical treatment, teaching, and scientific research, and promotes the company's basic research and development in neurology. The company hosts/co-organizes several academic conferences, covering neurosurgery, neurology, anesthesia, nursing, etc., and actively promotes academic exchanges. The company has held more than 90 national, provincial and municipal continuing education projects and classes, and has trained nearly 6,000 people in total, to improve the diagnosis and treatment of neurologists at the grassroots level. The company operates in a chain of hospitals.

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