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IReader Technology Co (SHSE:603533) Interest Expense : ¥-0 Mil (TTM As of Sep. 2024)


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What is IReader Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IReader Technology Co's interest expense for the three months ended in Sep. 2024 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. IReader Technology Co's Operating Income for the three months ended in Sep. 2024 was ¥ 2 Mil. IReader Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -0 Mil. IReader Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 was 16.65. 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.

IReader Technology Co Interest Expense Historical Data

The historical data trend for IReader Technology 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.

IReader Technology Co Interest Expense Chart

IReader Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.17 -0.22 -0.56 -0.25 -0.45

IReader Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only -0.15 -0.13 -0.13 -0.12 -0.09

IReader Technology 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 Sep. 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.

IReader Technology Co  (SHSE:603533) 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.

IReader Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥-0 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥10 Mil.

IReader Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*1.532/-0.092
=16.65

* 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.

IReader Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » IReader Technology Co Ltd (SHSE:603533) » Definitions » Interest Expense
Comparable Companies
SZSE:300678 SHSE:600410 SZSE:301339 SZSE:002232 SZSE:300348 SZSE:300663 SHSE:603636 SZSE:300020 SZSE:301382 SHSE:603383 CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
No.39, East Third Ring Road, 20307, ??Building 20, Jianwai SOHO Building, Chaoyang District, Beijing, CHN, 100022
Website
http://www.zhangyue.com
IReader Technology Co Ltd operates as a mobile software development company. It develops, and markets mobile phone reading application known as iReader e-book reader, a software for mobile reading APP. The app is developed for both android and iPhone platform. Geographically the activities are carried out through China.
Executives
Zhang Ling Yun Director
Cheng Xiang Jun Directors, senior managers
Wang Liang Director

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