AVIT (SZSE:300264) Interest Expense : ¥-5.2 Mil (TTM As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is AVIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AVIT's interest expense for the three months ended in Mar. 2024 was ¥ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-5.2 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. AVIT's Operating Income for the three months ended in Mar. 2024 was ¥ -12.1 Mil. AVIT's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.8 Mil. AVIT did not have earnings to cover the interest expense. 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.

AVIT Interest Expense Historical Data

The historical data trend for AVIT'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.

AVIT Interest Expense Chart

AVIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-6.29

-2.87

-4.46

-5.77

-5.67

AVIT 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															-1.21	-1.50	-1.54	-1.42	-0.75

AVIT 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 ¥-5.2 Mil.

AVIT (SZSE:300264) 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.

AVIT's Interest Expense for the three months ended in Mar. 2024 was ¥-0.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-12.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥8.0 Mil.

AVIT's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

AVIT did not have earnings to cover the interest expense.

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

AVIT (SZSE:300264) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AVIT Ltd (SZSE:300264) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

15/F, Zhongyangxigu Building, Binghe Boulevard, Futian, Shenzhen, CHN, 518048

Website

http://www.avit.com.cn

AVIT Ltd is engaged in offering system solutions and technique services to network operators. The solutions provided by the company include system design, system integration, technical training, and operation consulting. The products of the company include DVB solution, DVB application system, digital headend, and digital receiver.

Executives

Li Xiao Long	Supervisors
Huang Min	Executives
Zhang Hai Chuan	Directors, executives
Hu Yong	Supervisors
Chen Kun Jiang	Director
Peng Zhong Fu	Supervisors
Xiong Ke Jia	Directors, executives
Li Jian Hong	Securities Affairs Representative
Wu Qian	Director
Li Guan Bin	Director
Gao Jian	Directors, executives
Zhu Wei Min	Director, Securities Affairs Representative

AVIT (SZSE:300264) Headlines

No Headlines