Tongqinglou Catering Co (SHSE:605108) Interest Expense : ¥-62 Mil (TTM As of Sep. 2024)

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What is Tongqinglou Catering Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tongqinglou Catering Co's interest expense for the three months ended in Sep. 2024 was ¥ -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-62 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. Tongqinglou Catering Co's Operating Income for the three months ended in Sep. 2024 was ¥ 23 Mil. Tongqinglou Catering Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -26 Mil. Tongqinglou Catering Co's Interest Coverage for the quarter that ended in Sep. 2024 was 0.88. 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.

Tongqinglou Catering Co Interest Expense Historical Data

The historical data trend for Tongqinglou Catering 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.

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Tongqinglou Catering Co Interest Expense Chart

Tongqinglou Catering Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-0.03

-0.94

-26.40

-28.57

-39.91

Tongqinglou Catering 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															-4.82	-17.99	-13.06	-5.48	-25.59

Tongqinglou Catering 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 ¥-62 Mil.

Tongqinglou Catering Co (SHSE:605108) 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.

Tongqinglou Catering Co's Interest Expense for the three months ended in Sep. 2024 was ¥-26 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥1,472 Mil.

Tongqinglou Catering 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	*	22.593	/	-25.593
	=	0.88

The higher the ratio, the stronger the company's financial strength is.

Tongqinglou Catering Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tongqinglou Catering Co Ltd (SHSE:605108) » Definitions » Interest Expense

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Address

Building 9, No. 10 Wangang Road, Baohe District, Anhui Province, Hefei, CHN, 230051

Website

http://www.tongqinglou.cn

Tongqinglou Catering Co Ltd is a provider of catering services. The company provides catering (limited to branches); hotel management consulting and training services, tobacco and alcohol retail (limited to branches), conference services; wedding services, among others.

Executives

Wang Shou Feng

Director

Tongqinglou Catering Co Headlines

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