GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Dingli Corp Ltd (SZSE:300050) » Definitions » Interest Expense

Dingli (SZSE:300050) Interest Expense : ¥-3.8 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Dingli Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dingli's interest expense for the three months ended in Mar. 2024 was ¥ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-3.8 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. Dingli's Operating Income for the three months ended in Mar. 2024 was ¥ 0.5 Mil. Dingli's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.8 Mil. Dingli's Interest Coverage for the quarter that ended in Mar. 2024 was 0.60. 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.


Dingli Interest Expense Historical Data

The historical data trend for Dingli'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.

Dingli Interest Expense Chart

Dingli 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 -16.15 -13.90 -7.85 -5.69 -4.06

Dingli 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 -1.08 -0.40 -0.90 -1.68 -0.84

Dingli 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 ¥-3.8 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.


Dingli  (SZSE:300050) 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.

Dingli's Interest Expense for the three months ended in Mar. 2024 was ¥-0.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥0.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2.7 Mil.

Dingli'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*0.501/-0.839
=0.60

* 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.


Dingli (SZSE:300050) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Science and Technology Road 5, 1st Floor, Gangwan Avenue, Guangdong Province, Zhuhai, CHN, 519085
Dingli Corp Ltd is a China-based company engaged in providing wireless network optimization, testing, and planning services in China. It also produces equipment for communications carriers. The company has a business presence in China and other international countries. It offers pilot pioneer drive test solution, handheld test solution, autonomous platform products, and others.
Executives
Ren Huan Xuan Supervisors
Wang Yun Directors, executives
Wang Li Ping Director
Ye Bin Director
Zhang Ying Hai Independent director
Chen Hong Executives
Yu Da Fa Directors, executives
Xu Ze Quan Executives
Cao Ji Dong Directors, executives
Liu Yu Song Supervisors
Ye Ming Directors, executives
Cao Xue Shan Executives
Chen Yong Executives
Zhu Wang Geng Executives

Dingli (SZSE:300050) Headlines

No Headlines