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Sinosoft Co (SHSE:603927) Interest Expense : ¥-1 Mil (TTM As of Mar. 2024)


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What is Sinosoft Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sinosoft Co's interest expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1 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. Sinosoft Co's Operating Income for the three months ended in Mar. 2024 was ¥ 46 Mil. Sinosoft Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Sinosoft Co's Interest Coverage for the quarter that ended in Mar. 2024 was 134.49. 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.

Sinosoft Co Interest Expense Historical Data

The historical data trend for Sinosoft 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.

Sinosoft Co Interest Expense Chart

Sinosoft 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 -2.61 -1.08 -1.85 -1.29 -1.73

Sinosoft 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 -0.59 -0.24 -0.50 -0.40 -0.34

Sinosoft 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 ¥-1 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.

Sinosoft Co  (SHSE:603927) 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.

Sinosoft Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0 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 ¥4 Mil.

Sinosoft 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*45.995/-0.342
=134.49

* 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.

Good Sign:

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

Sinosoft Co (SHSE:603927) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Sinosoft Co Ltd (SHSE:603927) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Building 6, Xinkexiangyuan,, Zhongguancun, Haidian District, Beijing, CHN, 100190
Website
http://www.sinosoft.com.cn
Sinosoft Co Ltd operates as a software developer and solutions provider. The companies software is actively used in many industries such as medical, energy, civil aviation, government and others. Further, it provides overall planning, technical support, supervision, training and consulting services.
Executives
Sun Xi Jie Directors, senior managers
Xie Zhong Yang senior management
Cai Hong senior management
Wang Xin senior management
Sun Jing senior management
Xing Li Directors, senior managers
Zhang Zhi Hua senior management
Zuo Chun Directors, senior managers
Wang Wan Cheng senior management
Zhang Wei Directors, senior managers
Zhang Tian Ban Supervisors
Liang Geng Director
Zhong Hua Director

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