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Eastcompeace Technology Co (SZSE:002017) Interest Expense : ¥-0 Mil (TTM As of Sep. 2024)


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What is Eastcompeace Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eastcompeace Technology Co's interest expense for the three months ended in Sep. 2024 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-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. Eastcompeace Technology Co's Operating Income for the three months ended in Sep. 2024 was ¥ 39 Mil. Eastcompeace Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -0 Mil. Eastcompeace Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 was 615.70. 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.

Eastcompeace Technology Co Interest Expense Historical Data

The historical data trend for Eastcompeace 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.

Eastcompeace Technology Co Interest Expense Chart

Eastcompeace Technology 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 -0.96 -0.82 -0.54 -1.21 -0.24

Eastcompeace 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 -0.01 -0.07 -0.07 -0.09 -0.06

Eastcompeace 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 ¥-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.

Eastcompeace Technology Co  (SZSE:002017) 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.

Eastcompeace Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥-0 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥4 Mil.

Eastcompeace Technology 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*39.405/-0.064
=615.70

* 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. Eastcompeace Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Eastcompeace Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Eastcompeace Technology Co Ltd (SZSE:002017) » Definitions » Interest Expense
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SZSE:300366 SHSE:600571 SHSE:688562 SZSE:300386 SHSE:688152 SHSE:688023 SZSE:300369 SZSE:301315 SHSE:688066 SZSE:300941 MSFT ORCL PLTR PANW CRWD FTNT SNPS XAMS:ADYEN NET XYZ
Traded in Other Exchanges
N/A
Address
No. 8 Ping Gong Zhong Road, Nanping S&T Industry Community, Guangdon Province, Zhuhai, CHN, 519060
Website
http://www.eastcompeace.com
Eastcompeace Technology Co Ltd is a provider of smart card and system solution. The firm provides secure qualified products and services including scratch card, contactless card, dual interface card, citizen card, transportation card, social security card, SIMePay, terminal, device management system, mobile payment system, smart tracking system, banking card perso solution, one card solution, and overall solutions. It caters its services to telecommunications, banking and payment, government and public sectors. The company is based in China with a presence in Singapore, Bangladesh, India, and Russia.
Executives
Zhang Xiao Chuan Directors, executives
Song Gang Executives
Huang Xiao Peng Executives
Shi Wen Zhong Executives
Yuan Jian Guo Executives
Zhou Yong Jian Supervisors
Zhou Zhong Guo Director
Ren Bo Executives
Guo Duan Duan Director
Hu Dan Executives
Yang You Wei Director
Huang Ning Zhai Executives
Zhang Pei De Executives
Li Hai Jiang Executives

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