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Hangzhou Hopechart Iot Technology Co (SHSE:688288) Interest Expense : ¥-3.7 Mil (TTM As of Sep. 2024)


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What is Hangzhou Hopechart Iot Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hangzhou Hopechart Iot Technology Co's interest expense for the three months ended in Sep. 2024 was ¥ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-3.7 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. Hangzhou Hopechart Iot Technology Co's Operating Income for the three months ended in Sep. 2024 was ¥ -4.0 Mil. Hangzhou Hopechart Iot Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥ 0.0 Mil. GuruFocus does not calculate Hangzhou Hopechart Iot Technology 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.

Hangzhou Hopechart Iot Technology Co Interest Expense Historical Data

The historical data trend for Hangzhou Hopechart Iot 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.

Hangzhou Hopechart Iot Technology Co Interest Expense Chart

Hangzhou Hopechart Iot Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.27 -0.84 -2.58 -2.48 -0.80

Hangzhou Hopechart Iot 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 - -1.71 -0.88 -1.15 -

Hangzhou Hopechart Iot 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 ¥-3.7 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.

Hangzhou Hopechart Iot Technology Co  (SHSE:688288) 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.

Hangzhou Hopechart Iot Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥0.0 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥-4.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥0.3 Mil.

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

GuruFocus does not calculate Hangzhou Hopechart Iot Technology 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.

Hangzhou Hopechart Iot Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hangzhou Hopechart Iot Technology Co Ltd (SHSE:688288) » Definitions » Interest Expense
Comparable Companies
SZSE:300371 SHSE:688600 SHSE:688056 SZSE:002857 SZSE:300515 SHSE:688622 SZSE:300897 SZSE:300807 SZSE:002767 SZSE:300165 TSE:6861 FTV OSTO:HEXA B KEYS GRMN TDY TRMB TSE:7701 CGNX ST
Traded in Other Exchanges
N/A
Address
No. 400, Jianger Road, Changhe Street, Room 513, Building 2, Binjiang District, Zhejiang, Hangzhou, CHN, 310052
Website
http://www.hopechart.com
Hangzhou Hopechart Iot Technology Co Ltd is engaged in the development, production and sales of intelligent intelligent driving systems such as intelligent enhanced driving systems and advanced driver assistance systems.

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