Wuhan LAND Electronic Co (BJSE:830779) Interest Expense : ¥-0.1 Mil (TTM As of Dec. 2024)

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What is Wuhan LAND Electronic Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wuhan LAND Electronic Co's interest expense for the three months ended in Dec. 2024 was ¥ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ¥-0.1 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. Wuhan LAND Electronic Co's Operating Income for the three months ended in Dec. 2024 was ¥ 18.6 Mil. Wuhan LAND Electronic Co's Interest Expense for the three months ended in Dec. 2024 was ¥ -0.0 Mil. Wuhan LAND Electronic Co's Interest Coverage for the quarter that ended in Dec. 2024 was 452.59. 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.

Wuhan LAND Electronic Co Interest Expense Historical Data

The historical data trend for Wuhan LAND Electronic 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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Wuhan LAND Electronic Co Interest Expense Chart

Wuhan LAND Electronic Co Annual Data

Trend

Dec15

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Dec24

Interest Expense

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-0.01

-0.02

-0.03

-0.06

Wuhan LAND Electronic Co Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.04	-	-0.04	-	-0.04

Wuhan LAND Electronic 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0.1 Mil.

Wuhan LAND Electronic Co (BJSE:830779) 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.

Wuhan LAND Electronic Co's Interest Expense for the three months ended in Dec. 2024 was ¥-0.0 Mil. Its Operating Income for the three months ended in Dec. 2024 was ¥18.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ¥0.0 Mil.

Wuhan LAND Electronic Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	18.556	/	-0.041
	=	452.59

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. Wuhan LAND Electronic Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Wuhan LAND Electronic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuhan LAND Electronic Co Ltd (BJSE:830779) » Definitions » Interest Expense

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Address

No. 28, Gaoxin 4th Road, Donghu New Technology Development Zone, No. 01, 4th Floor, No. 7 Factory Building, Phase III, Wuhan Optics Valley Electronic Industrial Park, Hubei Province, Wuhan City, CHN, 430205

Website

http://www.whland.com

Wuhan LAND Electronic Co Ltd engages in the development, production, and sales of software and hardware for battery testing equipment. It caters to applications in the battery testing field, including material research, battery formation, capacity sorting, combined battery, and super capacitor testing.

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