WYGC (Wenyuan Group) Interest Expense : $0.00 Mil (TTM As of Sep. 2024)

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What is Wenyuan Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wenyuan Group's interest expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $0.00 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. Wenyuan Group's Operating Income for the three months ended in Sep. 2024 was $ -0.09 Mil. Wenyuan Group's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Wenyuan Group has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Wenyuan Group Interest Expense Historical Data

The historical data trend for Wenyuan Group'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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Wenyuan Group Interest Expense Chart

Wenyuan Group Annual Data

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Interest Expense

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Wenyuan Group Quarterly Data
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Wenyuan Group 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Wenyuan Group (OTCPK:WYGC) 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.

Wenyuan Group's Interest Expense for the three months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

Wenyuan Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Wenyuan Group had no long-term debt ⁽¹⁾.

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. Wenyuan Group Corp has enough cash to cover all of its debt. Its financial situation is stable.

Wenyuan Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wenyuan Group Corp (OTCPK:WYGC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yin Zun Building, ZunBao Plaza, RM 2404, Zhejiang Province, Shangcheng District, Hangzhou, CHN, 310002

Website

https://www.wygc.top

Wenyuan Group Corp along with its subsidiary is engaged in selling cultural and health products.

Executives

Douglas P Martin

10 percent owner

26 KING ST, ST PACOME, QUEBEC CANADA A1 9999999999