Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) Interest Expense : HK$-0.03 Mil (TTM As of Jun. 2024)

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What is Yangzhou Guangling District Taihe Rural Micro-finance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yangzhou Guangling District Taihe Rural Micro-finance Co's interest expense for the six months ended in Jun. 2024 was HK$ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-0.03 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. Yangzhou Guangling District Taihe Rural Micro-finance Co's Operating Income for the six months ended in Jun. 2024 was HK$ Mil. Yangzhou Guangling District Taihe Rural Micro-finance Co's Interest Expense for the six months ended in Jun. 2024 was HK$ Mil. 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.

Yangzhou Guangling District Taihe Rural Micro-finance Co Interest Expense Historical Data

The historical data trend for Yangzhou Guangling District Taihe Rural Micro-finance 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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Yangzhou Guangling District Taihe Rural Micro-finance Co Interest Expense Chart

Yangzhou Guangling District Taihe Rural Micro-finance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.32

-0.29

-0.25

-0.12

-0.02

Yangzhou Guangling District Taihe Rural Micro-finance Co Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial														-0.08	-0.05	-0.04	0.02	-0.05

Yangzhou Guangling District Taihe Rural Micro-finance 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.03 Mil.

Yangzhou Guangling District Taihe Rural Micro-finance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Yangzhou Guangling District Taihe Rural Micro-finance Co Ltd (HKSE:01915) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beizhou Road, Lidian Town, Guangling District, Jiangsu Province, Yangzhou, CHN

Website

http://www.gltaihe.com

Yangzhou Guangling District Taihe Rural Micro-finance Co Ltd is engaged in the microfinance business. The company offers micro and small loans in two formats, term loans, and loans under the credit facility to its customers. Its services are the granting of loans to Agriculture, Rural Areas, and Farmers, provision of financial guarantees, acting as a financial institution agent, and other financial businesses. The group's revenue is generated from the provision of loans to small and medium-sized and micro enterprises located in Yangzhou, Jiangsu Province in the PRC.

Yangzhou Guangling District Taihe Rural Micro-finance Co Headlines

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