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Infotmic Co (SZSE:000670) Interest Expense : ¥-52 Mil (TTM As of Mar. 2024)


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What is Infotmic Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Infotmic Co's interest expense for the three months ended in Mar. 2024 was ¥ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-52 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. Infotmic Co's Operating Income for the three months ended in Mar. 2024 was ¥ 36 Mil. Infotmic Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -14 Mil. Infotmic Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.62. 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.

Infotmic Co Interest Expense Historical Data

The historical data trend for Infotmic 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.

Infotmic Co Interest Expense Chart

Infotmic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -11.02 -23.75 -32.07 -47.73

Infotmic 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 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 -10.01 -11.73 -13.19 -12.81 -13.91

Infotmic 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 ¥-52 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.

Infotmic Co  (SZSE:000670) 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.

Infotmic Co's Interest Expense for the three months ended in Mar. 2024 was ¥-14 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥36 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥77 Mil.

Infotmic 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*36.439/-13.91
=2.62

* 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.

Infotmic Co (SZSE:000670) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Infotmic Co Ltd (SZSE:000670) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 4, Lane 500, Shengxia Road, 2nd Floor, Zhangjiang Hi-Tech Park, Jingzhou, CHN
Website
http://www.infotm.com
Infotmic Co Ltd is a China-based company engaged in the manufacturing of computer and communications equipment. The product portfolio of the company includes chips such as application processer, Beidou positioning chip, image processor and other chips, Image terminal, products, Intelligent terminal products, commercial equipment and other products. The company is also involved in the field of intelligent system operation by integrating mobile Internet, Internet of Things, Beidou system, intelligent terminal and back-end big data to provide system services such as smart city, data operation, digital ranch and smart home.
Executives
Li Shi Wei Directors, executives
Chen Yan Biao Director
Ding Qiang Supervisors
Chen Zhi Cheng Directors, executives
Tang Zhong Min Director

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