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Jilin Asia Link Technology Development Co (SZSE:002316) Interest Expense : ¥-1.3 Mil (TTM As of Mar. 2024)


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What is Jilin Asia Link Technology Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jilin Asia Link Technology Development 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 ¥-1.3 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. Jilin Asia Link Technology Development Co's Operating Income for the three months ended in Mar. 2024 was ¥ 4.1 Mil. Jilin Asia Link Technology Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.0 Mil. Jilin Asia Link Technology Development Co's Interest Coverage for the quarter that ended in Mar. 2024 was 98.90. 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.

Jilin Asia Link Technology Development Co Interest Expense Historical Data

The historical data trend for Jilin Asia Link Technology Development 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.

Jilin Asia Link Technology Development Co Interest Expense Chart

Jilin Asia Link Technology Development 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 -41.57 -35.62 -52.67 -44.02 -1.98

Jilin Asia Link Technology Development 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 -0.74 -0.68 -0.58 0.01 -0.04

Jilin Asia Link Technology Development 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 ¥-1.3 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.

Jilin Asia Link Technology Development Co  (SZSE:002316) 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.

Jilin Asia Link Technology Development 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 ¥4.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1.3 Mil.

Jilin Asia Link Technology Development 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*4.055/-0.041
=98.90

* 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.

Jilin Asia Link Technology Development Co (SZSE:002316) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jilin Asia Link Technology Development Co Ltd (SZSE:002316) » Definitions » Interest Expense
Comparable Companies
SZSE:002231 SZSE:300710 SZSE:300074 SHSE:603042 SHSE:600355 SZSE:300264 SHSE:688175 SZSE:000586 SZSE:002313 SZSE:300211 CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345
Traded in Other Exchanges
N/A
Address
Room 1205, Chuangye Building, High-tech Industrial Development Zone, Jilin Province, Liaoyuan, CHN, 518057
Website
http://www.asialink.com
Jilin Asia Link Technology Development Co Ltd is primarily involved in the financial technology business and private network communication technology solution business. The financial technology business segment is mainly engaged in third-party payment services, big data service business and financial business. The private network communication technology solution business mainly serves the energy and transportation industries, including the research and development, manufacturing and related technical services of related software and hardware products. Geographically, the activities are carried out through China.
Executives
Huang Xi Sheng Director
Liu Hui Director
Li Lin Executives
Zhang Zhen Xin Director
Yin Jian Feng Director
Yang Jian Ping Executives
Ye Qiong Directors, executives
Yuan Xun Ming Supervisors
Cheng Qi Bei Executives
Wang Jian Supervisors
Meng Ling Zhang Directors, executives
Xia Ming Rong Directors, executives
Zhuang Yan Zheng Supervisors

Jilin Asia Link Technology Development Co (SZSE:002316) Headlines

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