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Inner Mongolia Xinhua Distribution Group Co (SHSE:603230) Interest Expense : ¥-0 Mil (TTM As of Mar. 2024)


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What is Inner Mongolia Xinhua Distribution Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inner Mongolia Xinhua Distribution Group Co's interest expense for the three months ended in Mar. 2024 was ¥ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-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. Inner Mongolia Xinhua Distribution Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 119 Mil. Inner Mongolia Xinhua Distribution Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0 Mil. GuruFocus does not calculate Inner Mongolia Xinhua Distribution Group Co's interest coverage with the available data. 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.


Inner Mongolia Xinhua Distribution Group Co Interest Expense Historical Data

The historical data trend for Inner Mongolia Xinhua Distribution Group 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.

Inner Mongolia Xinhua Distribution Group Co Interest Expense Chart

Inner Mongolia Xinhua Distribution Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.56 -0.71 -0.03 -0.03 -0.03

Inner Mongolia Xinhua Distribution Group Co Quarterly Data
Dec17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.01 -0.01 -0.01 -

Inner Mongolia Xinhua Distribution Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0 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.


Inner Mongolia Xinhua Distribution Group Co  (SHSE:603230) 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.

Inner Mongolia Xinhua Distribution Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥119 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0 Mil.

Inner Mongolia Xinhua Distribution Group Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Inner Mongolia Xinhua Distribution Group Co's interest coverage with the available data.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Inner Mongolia Xinhua Distribution Group Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Inner Mongolia Xinhua Distribution Group Co (SHSE:603230) Business Description

Traded in Other Exchanges
N/A
Address
No. 56, Xinhua Street, No. 1, 4th Floor, Office Building 1, Inner Mongolia Autonomous Region, Hohhot, CHN
Inner Mongolia Xinhua Distribution Group Co Ltd is engaged in the wholesale and retail of publications; retail of cultural and sports goods; distribution of audio-visual products.

Inner Mongolia Xinhua Distribution Group Co (SHSE:603230) Headlines

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