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Ziel Home Furnishing Technology Co (SZSE:301376) Interest Expense : ¥-29 Mil (TTM As of Mar. 2024)


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What is Ziel Home Furnishing Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ziel Home Furnishing Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-29 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. Ziel Home Furnishing Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 128 Mil. Ziel Home Furnishing Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -10 Mil. Ziel Home Furnishing Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 12.29. 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.

Ziel Home Furnishing Technology Co Interest Expense Historical Data

The historical data trend for Ziel Home Furnishing Technology 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.

Ziel Home Furnishing Technology Co Interest Expense Chart

Ziel Home Furnishing Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.21 -0.51 -19.54 -31.92 -24.57

Ziel Home Furnishing Technology Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 -6.03 1.83 -21.45 1.08 -10.44

Ziel Home Furnishing Technology 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 ¥-29 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.

Ziel Home Furnishing Technology Co  (SZSE:301376) 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.

Ziel Home Furnishing Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-10 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥128 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥710 Mil.

Ziel Home Furnishing Technology 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*128.283/-10.442
=12.29

* 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.

Ziel Home Furnishing Technology Co (SZSE:301376) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ziel Home Furnishing Technology Co Ltd (SZSE:301376) » Definitions » Interest Expense
Comparable Companies
SZSE:301078 SZSE:002416 SZSE:002344 SHSE:601801 SHSE:603353 SHSE:603230 SZSE:300622 SZSE:002403 SZSE:301335 SHSE:603214 ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC BBY ADX:ADNOCDIST CASY
Traded in Other Exchanges
N/A
Address
No. 198-19, Songshan South Road, No. 601, 6th Floor, Dongfang Building, Erqi, Henan, Zhengzhou, CHN, 450000
Website
https://www.ziel.cn
Ziel Home Furnishing Technology Co Ltd is engaged in research and development, design and sales of home furnishing products such as self-owned brand furniture series, home furnishing series, courtyard series and pet series.

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