Tongyu Communication (SZSE:002792) Interest Expense : ¥-1 Mil (TTM As of Mar. 2024)

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What is Tongyu Communication Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tongyu Communication's interest expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1 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. Tongyu Communication's Operating Income for the three months ended in Mar. 2024 was ¥ 11 Mil. Tongyu Communication's Interest Expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Tongyu Communication's Interest Coverage for the quarter that ended in Mar. 2024 was 17.24. 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.

Tongyu Communication Interest Expense Historical Data

The historical data trend for Tongyu Communication'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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Tongyu Communication Interest Expense Chart

Tongyu Communication Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.11

-0.71

-1.33

-2.05

-1.02

Tongyu Communication 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															-0.28	-0.13	-	-	-0.66

Tongyu Communication 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 Mil.

Tongyu Communication (SZSE:002792) 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.

Tongyu Communication's Interest Expense for the three months ended in Mar. 2024 was ¥-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥6 Mil.

Tongyu Communication'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	*	11.38	/	-0.66
	=	17.24

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. Tongyu Communication Inc has enough cash to cover all of its debt. Its financial situation is stable.

Tongyu Communication (SZSE:002792) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tongyu Communication Inc (SZSE:002792) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No.3 Jintong Street ,State-Level, Torch Hi-Tech Industrial Development Zone, Guandong, Zhongshan City, CHN, 528437

Website

http://www.tycc.cn

Tongyu Communication Inc develops, manufactures and sells communication antennas and RF devices, optical module and other products used in mobile communication systems. The company produces base station antennas, RF components, microwave antennas, indoor antennas.

Executives

Wu Zhong Lin	Director
Chen Hong Sheng	Directors, executives
Fang Feng Ming	Executives
Liu Mu Lin	Directors, executives
Gao Zhuo Feng	Supervisors
Sun Jun Quan	Supervisors
Huang Si Ding	Executives

Tongyu Communication (SZSE:002792) Headlines

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