Beijing Tong Ren Tang Chinese Medicine Co (HKSE:03613) Interest Expense : HK$-6 Mil (TTM As of Dec. 2023)

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What is Beijing Tong Ren Tang Chinese Medicine Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beijing Tong Ren Tang Chinese Medicine Co's interest expense for the six months ended in Dec. 2023 was HK$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-6 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. Beijing Tong Ren Tang Chinese Medicine Co's Operating Income for the six months ended in Dec. 2023 was HK$ 319 Mil. Beijing Tong Ren Tang Chinese Medicine Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -3 Mil. Beijing Tong Ren Tang Chinese Medicine Co's Interest Coverage for the quarter that ended in Dec. 2023 was 96.33. 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.

Beijing Tong Ren Tang Chinese Medicine Co Interest Expense Historical Data

The historical data trend for Beijing Tong Ren Tang Chinese Medicine 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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Beijing Tong Ren Tang Chinese Medicine Co Interest Expense Chart

Beijing Tong Ren Tang Chinese Medicine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-4.21

-4.30

-4.71

-4.66

-5.98

Beijing Tong Ren Tang Chinese Medicine Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-2.50	-2.45	-2.21	-2.67	-3.31

Beijing Tong Ren Tang Chinese Medicine 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-6 Mil.

Beijing Tong Ren Tang Chinese Medicine Co (HKSE:03613) 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.

Beijing Tong Ren Tang Chinese Medicine Co's Interest Expense for the six months ended in Dec. 2023 was HK$-3 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$319 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$75 Mil.

Beijing Tong Ren Tang Chinese Medicine Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	318.759	/	-3.309
	=	96.33

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Beijing Tong Ren Tang Chinese Medicine Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Beijing Tong Ren Tang Chinese Medicine Co (HKSE:03613) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Beijing Tong Ren Tang Chinese Medicine Co Ltd (HKSE:03613) » Definitions » Interest Expense

Traded in Other Exchanges

TQR:Germany

Address

Convention Plaza, 1 Harbour Road, Room 1405-1409, Office Tower, Wanchai, Hong Kong, HKG

Website

https://cm.tongrentang.com

Beijing Tong Ren Tang Chinese Medicine Co Ltd is a pharmaceutical retailer that specializes in Chinese medicine operating in three segments; Hong Kong includes the sale of Chinese medicine products and healthcare products and the provision of Chinese medical consultation and treatments through retail and wholesale of Chinese medicine products and healthcare products, Mainland China (PRC, but excluding Hong Kong, Macao, and Taiwan) includes wholesale of healthcare products in Mainland China and the sole distributor of Tong Ren Tang branded products of Tong Ren Tang Technologies and Tong Ren Tang Ltd, and Overseas includes retail and wholesale of Chinese medicine products and healthcare products and provision of Chinese medical consultation and treatments.

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