Primeton Information Technologies (SHSE:688118) Interest Expense : ¥-0.1 Mil (TTM As of Mar. 2025)

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What is Primeton Information Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Primeton Information Technologies's interest expense for the three months ended in Mar. 2025 was ¥ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-0.1 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. Primeton Information Technologies's Operating Income for the three months ended in Mar. 2025 was ¥ -36.4 Mil. Primeton Information Technologies's Interest Expense for the three months ended in Mar. 2025 was ¥ -0.0 Mil. Primeton Information Technologies did not have earnings to cover the interest expense. 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.

Primeton Information Technologies Interest Expense Historical Data

The historical data trend for Primeton Information Technologies'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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Primeton Information Technologies Interest Expense Chart

Primeton Information Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.05

-0.51

-0.34

-0.18

-0.16

Primeton Information Technologies Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-0.05	-0.04	-0.04	-0.03	-0.03

Primeton Information Technologies 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0.1 Mil.

Primeton Information Technologies (SHSE:688118) 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.

Primeton Information Technologies's Interest Expense for the three months ended in Mar. 2025 was ¥-0.0 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥-36.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥0.0 Mil.

Primeton Information Technologies's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Primeton Information Technologies did not have earnings to cover the interest expense.

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

Primeton Information Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Primeton Information Technologies Inc (SHSE:688118) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No. 456, Bibo Road, 4th Floor, Pilot Free Trade Zone, Shanghai, CHN, 200120

Website

https://www.primeton.com

Primeton Information Technologies Inc is a software infrastructure platform product and solution provider for enterprises and institutions in the financial, telecommunications, government and other industries. The company's software infrastructure platform products and technical services cover three technical fields, cloud application platform software, big data central Taiwan software and SOA integration platform software.

Executives

Yang Yu Bao	Directors, senior managers
Liu Ya Dong	Director
Qian Jun	Core technical personnel
Jiao Lie Yan	Senior management, core technical personnel
Wang Ke Qiang	Core technical personnel
Wang Cong Quan	Core technical personnel

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