GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiaxing ZMAX Optech Co Ltd (SHSE:688307) » Definitions » Interest Expense

Jiaxing ZMAX Optech Co (SHSE:688307) Interest Expense : ¥-0.2 Mil (TTM As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Jiaxing ZMAX Optech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiaxing ZMAX Optech 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 ¥-0.2 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. Jiaxing ZMAX Optech Co's Operating Income for the three months ended in Sep. 2024 was ¥ 16.5 Mil. Jiaxing ZMAX Optech Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -0.0 Mil. Jiaxing ZMAX Optech Co's Interest Coverage for the quarter that ended in Sep. 2024 was 383.28. 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.


Jiaxing ZMAX Optech Co Interest Expense Historical Data

The historical data trend for Jiaxing ZMAX Optech 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.

Jiaxing ZMAX Optech Co Interest Expense Chart

Jiaxing ZMAX Optech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-3.87 -1.69 -1.15 -1.21 -0.35

Jiaxing ZMAX Optech Co Quarterly Data
Dec19 Dec20 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 -0.02 -0.15 -0.02 -0.02 -0.04

Jiaxing ZMAX Optech 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 ¥-0.2 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.


Jiaxing ZMAX Optech Co  (SHSE:688307) 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.

Jiaxing ZMAX Optech 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 ¥16.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥5.6 Mil.

Jiaxing ZMAX Optech 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*16.481/-0.043
=383.28

* 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. Jiaxing ZMAX Optech Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Jiaxing ZMAX Optech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 188 Taojing Road, Gaozhao Street, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314000
Jiaxing ZMAX Optech Co Ltd is a precision optical lens product and technology development service provider. It develop various 4K/8K ultra-high-definition optics for various fields such as smart IoT, smart driving, smart terminals, smart home, and machine vision.

Jiaxing ZMAX Optech Co Headlines

No Headlines