Zhongmiao Holdings (Qingdao) Co (HKSE:01471) Interest Expense : HK$-0.0 Mil (TTM As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Zhongmiao Holdings (Qingdao) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhongmiao Holdings (Qingdao) Co's interest expense for the six months ended in Dec. 2024 was HK$ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-0.0 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. Zhongmiao Holdings (Qingdao) Co's Operating Income for the six months ended in Dec. 2024 was HK$ 26.3 Mil. Zhongmiao Holdings (Qingdao) Co's Interest Expense for the six months ended in Dec. 2024 was HK$ -0.0 Mil. Zhongmiao Holdings (Qingdao) Co's Interest Coverage for the quarter that ended in Dec. 2024 was 2,394.73. 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.

Zhongmiao Holdings (Qingdao) Co Interest Expense Historical Data

The historical data trend for Zhongmiao Holdings (Qingdao) 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.

Zhongmiao Holdings (Qingdao) Co Interest Expense Chart

Zhongmiao Holdings (Qingdao) Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Interest Expense

-0.22

-0.17

-0.05

-0.03

Zhongmiao Holdings (Qingdao) Co Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial			-	-0.04	-0.02	-0.02	-0.01

Zhongmiao Holdings (Qingdao) 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 semi-annually data reported by the company within the most recent 12 months, which was HK$-0.0 Mil.

Zhongmiao Holdings (Qingdao) Co (HKSE:01471) 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.

Zhongmiao Holdings (Qingdao) Co's Interest Expense for the six months ended in Dec. 2024 was HK$-0.0 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$26.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$0.0 Mil.

Zhongmiao Holdings (Qingdao) 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	*	26.342	/	-0.011
	=	2,394.73

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. Zhongmiao Holdings (Qingdao) Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Zhongmiao Holdings (Qingdao) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhongmiao Holdings (Qingdao) Co Ltd (HKSE:01471) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Haier Road, Laoshan District, Shandong, Qingdao, CHN

Website

https://www.haierbx.net

Zhongmiao Holdings (Qingdao) Co Ltd is engaged in providing insurance agency service, IT services, and consulting services in the PRC. The company is primarily engaged in providing IT services. The company derives maximum revenue from the Insurance Agency business. The company is dedicated to distributing different insurance products covering (i) property insurance products, (ii) life and health insurance products, (iii) accident insurance products, and (iv) automobile insurance products, to both corporate and household insurance clients.

Executives

Qu Pengcheng

Zhongmiao Holdings (Qingdao) Co Headlines

No Headlines