GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Toread Holdings Group Co Ltd (SZSE:300005) » Definitions » Interest Expense

Toread Holdings Group Co (SZSE:300005) Interest Expense : ¥-4 Mil (TTM As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Toread Holdings Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Toread Holdings Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-4 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. Toread Holdings Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 62 Mil. Toread Holdings Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -2 Mil. Toread Holdings Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 37.92. 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.

Toread Holdings Group Co Interest Expense Historical Data

The historical data trend for Toread Holdings Group 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.

Toread Holdings Group Co Interest Expense Chart

Toread Holdings Group 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 -0.79 -0.37 -2.45 -3.03 -2.96

Toread Holdings Group 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 -0.64 -0.47 -0.82 -1.02 -1.64

Toread Holdings Group 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 ¥-4 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.

Toread Holdings Group Co  (SZSE:300005) 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.

Toread Holdings Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥62 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥159 Mil.

Toread Holdings Group 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*62.041/-1.636
=37.92

* 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.

Toread Holdings Group Co (SZSE:300005) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Toread Holdings Group Co Ltd (SZSE:300005) » Definitions » Interest Expense
Comparable Companies
SZSE:300793 SHSE:603398 SZSE:002678 SHSE:600071 SZSE:002614 SZSE:300043 SHSE:605299 SZSE:002605 SZSE:300123 SHSE:600818 TSE:4661 HKSE:02020 TSE:7832 TSE:7309 HKSE:02331 MAT HAS PLNT TSE:7951 SZSE:300144
Traded in Other Exchanges
N/A
Address
609, Yong'an Road, Science and Technology Park, Changping District, Beijing, CHN, 100088
Website
http://www.toread.com.cn
Toread Holdings Group Co Ltd is engaged in the research and development, design, production and retail of outdoor products. It offers skin suits, children's outdoor equipment, and outdoor sports shoes, as well as equipment supplies.
Executives
Zhang Zhi Fei Directors, executives
Xue Liang Feng Executives
He Hua Jie Directors, executives
Sun Guo Liang Executives
Yang Lei Supervisors
Chen Xu Executives
Zhang Cheng Directors, Directors, and Executives
Sheng Fa Qiang Director
Zhen Hao Executives
Peng Xin Directors, executives
Zhang Tao Executives
Tao Xu Securities Affairs Representative
Jiang Zhong Fu Directors, executives
Wang Jing Director
Li Xiao Yu Supervisors

Toread Holdings Group Co (SZSE:300005) Headlines

No Headlines