GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Synthesis Electronic Technology Co Ltd (SZSE:300479) » Definitions » Interest Expense

Synthesis Electronic Technology Co (SZSE:300479) Interest Expense : ¥-3.0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Synthesis Electronic Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Synthesis Electronic Technology Co'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 ¥-3.0 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. Synthesis Electronic Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -43.3 Mil. Synthesis Electronic Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.8 Mil. Synthesis Electronic Technology Co 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.


Synthesis Electronic Technology Co Interest Expense Historical Data

The historical data trend for Synthesis Electronic 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.

Synthesis Electronic Technology Co Interest Expense Chart

Synthesis Electronic Technology 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 -6.94 -6.08 -5.38 -3.01 -2.88

Synthesis Electronic Technology 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 -0.68 -0.69 -0.68 -0.83 -0.79

Synthesis Electronic 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 ¥-3.0 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.


Synthesis Electronic Technology Co  (SZSE:300479) 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.

Synthesis Electronic Technology Co'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 ¥-43.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥3.2 Mil.

Synthesis Electronic Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Synthesis Electronic Technology Co did not have earnings to cover the interest expense.

* 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.


Synthesis Electronic Technology Co (SZSE:300479) Business Description

Traded in Other Exchanges
N/A
Address
High-tech Zone, Shunhua Road, No. 699 Spiritual Technology Park, Jinan, CHN, 250101
Synthesis Electronic Technology Co Ltd is engaged in developing, producing, selling and servicing smart Identity authentication terminals and industrial application software. The solutions developed have been put into batch commercial application in banking, public security, communication, social security, and medical care. The company is also into data and cloud computing services.
Executives
Zang Xue Li Directors, executives
Min Wan Li Director
Yan Long Director
Ding Xin Directors, executives
Li Hong Yu Directors, executives
Wang Ji Chun Director
Sun Jian Wei Supervisors
Guan Hua Jian Directors, executives

Synthesis Electronic Technology Co (SZSE:300479) Headlines

No Headlines