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ZX (HKSE:09890) Interest Expense : HK$-16 Mil (TTM As of Dec. 2023)


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What is ZX Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ZX's interest expense for the six months ended in Dec. 2023 was HK$ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-16 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. ZX's Operating Income for the six months ended in Dec. 2023 was HK$ 284 Mil. ZX's Interest Expense for the six months ended in Dec. 2023 was HK$ -16 Mil. ZX's Interest Coverage for the quarter that ended in Dec. 2023 was 18.11. 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.


ZX Interest Expense Historical Data

The historical data trend for ZX'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.

ZX Interest Expense Chart

ZX Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-7.37 -9.90 -20.08 -15.68

ZX Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Interest Expense -7.37 -9.90 -20.08 -15.68

ZX Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-16 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.


ZX  (HKSE:09890) 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.

ZX's Interest Expense for the six months ended in Dec. 2023 was HK$-16 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$284 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$168 Mil.

ZX's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*283.955/-15.677
=18.11

* 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.


ZX (HKSE:09890) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Olympic Stadium South Road, Tanwan Game Building, Building B, Synaesthesia Thinking Industrial Park, Tianhe, Guangdong, Guangzhou, CHN
ZX Inc is a publisher of online game products in China. It is devoted to marketing and operating online games (in particular mobile games) in China. The online games developed by its clients marketed and operated by the company are delivered to players under the Tan Wan brand. The company has enabled the marketing and operation of 11 game products for more than five years and 28 game products for more than three years.

ZX (HKSE:09890) Headlines

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