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Lisheng Sports (Shanghai) Co (SZSE:002858) Interest Expense : ¥-7.8 Mil (TTM As of Mar. 2024)


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What is Lisheng Sports (Shanghai) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lisheng Sports (Shanghai) Co's interest expense for the three months ended in Mar. 2024 was ¥ -1.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-7.8 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. Lisheng Sports (Shanghai) Co's Operating Income for the three months ended in Mar. 2024 was ¥ 21.8 Mil. Lisheng Sports (Shanghai) Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1.8 Mil. Lisheng Sports (Shanghai) Co's Interest Coverage for the quarter that ended in Mar. 2024 was 12.12. 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.

Lisheng Sports (Shanghai) Co Interest Expense Historical Data

The historical data trend for Lisheng Sports (Shanghai) 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.

Lisheng Sports (Shanghai) Co Interest Expense Chart

Lisheng Sports (Shanghai) 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 -4.38 -3.09 -3.23 -7.22 -6.72

Lisheng Sports (Shanghai) 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 -0.71 -2.36 -1.65 -1.99 -1.80

Lisheng Sports (Shanghai) 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 ¥-7.8 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.

Lisheng Sports (Shanghai) Co  (SZSE:002858) 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.

Lisheng Sports (Shanghai) Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥21.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥8.0 Mil.

Lisheng Sports (Shanghai) 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*21.786/-1.797
=12.12

* 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.

Lisheng Sports (Shanghai) Co (SZSE:002858) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lisheng Sports (Shanghai) Co Ltd (SZSE:002858) » Definitions » Interest Expense
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SZSE:300556 SZSE:002343 SHSE:600892 SZSE:002905 SZSE:300528 SHSE:600136 SZSE:000793 SZSE:000802 BJSE:834021 SZSE:300426 NFLX DIS XAMS:UMG WBD LYV WMG SIRI XPAR:BOL FWONA FOXA
Traded in Other Exchanges
N/A
Address
No. 3000 Shenzhuan Road, Sheshan Town, Songjiang District, Shanghai, CHN, 200335
Website
http://www.lsracing.cn
Lisheng Sports (Shanghai) Co Ltd operates as car sports and racing culture media company. Its business activities include planning, organizing, and operation of events; operation of various types of motorsports venues; racing team; racing training center; and provides customers with marketing strategies and solutions.
Executives
Lin Chao Yang Director
Xia Qing Director
Cao Chuan De Director
Chen Ping Executives
Gong Lei Director

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