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Beijing Ultrapower Software Co (SZSE:300002) Interest Expense : ¥-2 Mil (TTM As of Sep. 2024)


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What is Beijing Ultrapower Software Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beijing Ultrapower Software 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 ¥-2 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. Beijing Ultrapower Software Co's Operating Income for the three months ended in Sep. 2024 was ¥ 245 Mil. Beijing Ultrapower Software Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -0 Mil. Beijing Ultrapower Software Co's Interest Coverage for the quarter that ended in Sep. 2024 was 1,047.05. 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.


Beijing Ultrapower Software Co Interest Expense Historical Data

The historical data trend for Beijing Ultrapower Software 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.

Beijing Ultrapower Software Co Interest Expense Chart

Beijing Ultrapower Software 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 -42.69 -40.50 -18.83 -6.95 -2.27

Beijing Ultrapower Software 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 -0.42 -0.50 -0.39 -0.67 -0.23

Beijing Ultrapower Software 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 ¥-2 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.


Beijing Ultrapower Software Co  (SZSE:300002) 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.

Beijing Ultrapower Software 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 ¥245 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥4 Mil.

Beijing Ultrapower Software 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*245.01/-0.234
=1,047.05

* 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. Beijing Ultrapower Software Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Beijing Ultrapower Software Co Business Description

Traded in Other Exchanges
N/A
Address
Building 1 on the 13th Academy Building, Beiyuan, Chaoyang District, 22 North Star Taiyue, Beijing, CHN, 100107
Beijing Ultrapower Software Co Ltd is an IT operations and maintenance service provider in China. It offers enterprise-oriented IT consulting, solutions, software products, and project implementing and operation services. The company focuses on the use of information technology to promote industrial development and social progress and improve people's work and life quality.
Executives
Wang Ning Director
Hu Jia Ming Directors, Directors, and Executives
Li Li Director
Di Yi Bing Directors, executives
Gao Feng Executives
Huang Song Lang Director
Zhang Qian Shan Directors, executives
Mao Da Wei Directors, executives
Hao Yan Supervisors
Liang De Xing Executives
Zhu Jian Song Executives
Wan Neng Directors, executives
Qi Qiang Director
Xu Peng Executives
Xu Si Ping Director

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