Changsha Tongcheng Holdings Co (SZSE:000419) Interest Expense : ¥-4 Mil (TTM As of Mar. 2024)

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What is Changsha Tongcheng Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Changsha Tongcheng Holdings Co's interest expense for the three months ended in Mar. 2024 was ¥ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-4 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. Changsha Tongcheng Holdings Co's Operating Income for the three months ended in Mar. 2024 was ¥ 41 Mil. Changsha Tongcheng Holdings Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -6 Mil. Changsha Tongcheng Holdings Co's Interest Coverage for the quarter that ended in Mar. 2024 was 6.51. 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.

Changsha Tongcheng Holdings Co Interest Expense Historical Data

The historical data trend for Changsha Tongcheng Holdings 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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Changsha Tongcheng Holdings Co Interest Expense Chart

Changsha Tongcheng Holdings Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-11.64

-12.66

-59.25

-39.00

-5.27

Changsha Tongcheng Holdings Co Quarterly Data
	Jun19	Sep19	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															-7.62	-7.70	-8.11	18.16	-6.38

Changsha Tongcheng Holdings 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 ¥-4 Mil.

Changsha Tongcheng Holdings Co (SZSE:000419) 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.

Changsha Tongcheng Holdings Co's Interest Expense for the three months ended in Mar. 2024 was ¥-6 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥41 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥389 Mil.

Changsha Tongcheng Holdings Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	41.496	/	-6.375
	=	6.51

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

Changsha Tongcheng Holdings Co (SZSE:000419) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Changsha Tongcheng Holdings Co Ltd (SZSE:000419) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 589 West Labor Road, Yuhua District, Hunan Province, Changsha, CHN

Website

http://www.e-tongcheng.com

Changsha Tongcheng Holdings Co Ltd is primarily engaged in the hotel and tourism industry in China and is also involved in property management and investment.

Changsha Tongcheng Holdings Co (SZSE:000419) Headlines

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