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Guanze Medical Information Industry (Holding) Co (HKSE:02427) Interest Expense : HK$-0.8 Mil (TTM As of Dec. 2024)


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What is Guanze Medical Information Industry (Holding) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guanze Medical Information Industry (Holding) Co's interest expense for the six months ended in Dec. 2024 was HK$ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-0.8 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. Guanze Medical Information Industry (Holding) Co's Operating Income for the six months ended in Dec. 2024 was HK$ 31.1 Mil. Guanze Medical Information Industry (Holding) Co's Interest Expense for the six months ended in Dec. 2024 was HK$ -0.5 Mil. Guanze Medical Information Industry (Holding) Co's Interest Coverage for the quarter that ended in Dec. 2024 was 65.37. 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.


Guanze Medical Information Industry (Holding) Co Interest Expense Historical Data

The historical data trend for Guanze Medical Information Industry (Holding) 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.

Guanze Medical Information Industry (Holding) Co Interest Expense Chart

Guanze Medical Information Industry (Holding) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -0.94 -0.73 -1.15 -0.94 -0.76

Guanze Medical Information Industry (Holding) Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.42 -0.44 -0.50 -0.28 -0.48

Guanze Medical Information Industry (Holding) 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$-0.8 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.


Guanze Medical Information Industry (Holding) Co  (HKSE:02427) 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.

Guanze Medical Information Industry (Holding) Co's Interest Expense for the six months ended in Dec. 2024 was HK$-0.5 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$31.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$0.2 Mil.

Guanze Medical Information Industry (Holding) 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*31.117/-0.476
=65.37

* 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.


Guanze Medical Information Industry (Holding) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2966 Chunhui Road, Room 501-A, Block 10 Strategic Emerging Industry Base, Jinan High-tech Zone, Shandong Province, Jinan, CHN
Guanze Medical Information Industry (Holding) Co Ltd is a medical imaging solutions provider, principally engaged in providing medical imaging film products and medical imaging cloud services in Shandong Province. The company generates the majority of its revenue from the PRC.
Executives
Meng A Capital Limited 2101 Beneficial owner
Meng Xianzhen 2201 Interest of corporation controlled by you
Yang Duanling 2202 Interest of your spouse

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