GURUFOCUS.COM » STOCK LIST » Technology » Software » Hand Enterprise Solutions Co Ltd (SZSE:300170) » Definitions » Interest Expense

Hand Enterprise Solutions Co (SZSE:300170) Interest Expense : ¥-17 Mil (TTM As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Hand Enterprise Solutions Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hand Enterprise Solutions Co's interest expense for the three months ended in Mar. 2024 was ¥ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-17 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. Hand Enterprise Solutions Co's Operating Income for the three months ended in Mar. 2024 was ¥ 38 Mil. Hand Enterprise Solutions Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -4 Mil. Hand Enterprise Solutions Co's Interest Coverage for the quarter that ended in Mar. 2024 was 9.38. 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.

Hand Enterprise Solutions Co Interest Expense Historical Data

The historical data trend for Hand Enterprise Solutions 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.

Hand Enterprise Solutions Co Interest Expense Chart

Hand Enterprise Solutions 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 -18.21 -34.64 -57.25 -53.85 -28.30

Hand Enterprise Solutions 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 -15.19 -5.88 -4.24 -2.99 -4.10

Hand Enterprise Solutions 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 ¥-17 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.

Hand Enterprise Solutions Co  (SZSE:300170) 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.

Hand Enterprise Solutions Co's Interest Expense for the three months ended in Mar. 2024 was ¥-4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥3 Mil.

Hand Enterprise Solutions 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*38.479/-4.104
=9.38

* 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.

Hand Enterprise Solutions Co (SZSE:300170) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Hand Enterprise Solutions Co Ltd (SZSE:300170) » Definitions » Interest Expense
Comparable Companies
SZSE:002987 SHSE:600751 SZSE:300738 SZSE:002093 SHSE:603918 SZSE:300598 SZSE:300846 SHSE:603881 SZSE:000676 SZSE:300271 ACN NSE:TCS IBM NSE:INFY FI NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
N/A
Address
Room 1339 Central Plaza, No 381Central Huaihai Road, Shanghai, CHN, 200020
Website
http://www.hand-china.com
Hand Enterprise Solutions Co Ltd is a China-based ERP consulting implementation company. Its business operations include enterprise information application product development, consulting implementation and technical services. Its product and service offering comprises charge control system, supply chain financial services cloud platform, master data management, enterprise mobile platform, and other technical products.
Executives
Chen Di Qing Director
Huang Qing Supervisors
Lu Ya Securities Affairs Representative
Shu Xiao Securities Affairs Representative
Fan Jian Zhen Director
Wang Xin Yi Executives
Zhang Wei Feng Directors, executives

Hand Enterprise Solutions Co (SZSE:300170) Headlines

No Headlines