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Wave Cyber (Shanghai) Co (SHSE:688718) Interest Expense : ¥-0.0 Mil (TTM As of Mar. 2024)


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What is Wave Cyber (Shanghai) Co Interest Expense?

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


Wave Cyber (Shanghai) Co Interest Expense Historical Data

The historical data trend for Wave Cyber (Shanghai) 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.

Wave Cyber (Shanghai) Co Interest Expense Chart

Wave Cyber (Shanghai) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -1.27 -1.67 -1.58 -0.36 -0.18

Wave Cyber (Shanghai) Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.22 -0.05 - 0.02 -

Wave Cyber (Shanghai) 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0.0 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.


Wave Cyber (Shanghai) Co  (SHSE:688718) 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.

Wave Cyber (Shanghai) Co's Interest Expense for the three months ended in Mar. 2024 was ¥0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥3.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.2 Mil.

Wave Cyber (Shanghai) Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Wave Cyber (Shanghai) 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Wave Cyber (Shanghai) Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Wave Cyber (Shanghai) Co (SHSE:688718) Business Description

Traded in Other Exchanges
N/A
Address
899 Songying Road, Qingpu District, Shanghai, CHN, 201703
Wave Cyber (Shanghai) Co Ltd is a manufacturer of components for the residential, commercial, industrial and municipal water treatment industries. The products include full lines of fiberglass pressure tanks, brine tanks/cabinets, membrane pressure vessels and others.

Wave Cyber (Shanghai) Co (SHSE:688718) Headlines

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