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Goldcard Smart Group Co (SZSE:300349) Interest Expense : ¥-19 Mil (TTM As of Mar. 2024)


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What is Goldcard Smart Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goldcard Smart Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-19 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. Goldcard Smart Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 110 Mil. Goldcard Smart Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -2 Mil. Goldcard Smart Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 47.57. 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.

Goldcard Smart Group Co Interest Expense Historical Data

The historical data trend for Goldcard Smart Group 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.

Goldcard Smart Group Co Interest Expense Chart

Goldcard Smart Group 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 -3.12 -4.58 -2.99 -3.68 -18.15

Goldcard Smart Group 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 -1.44 -1.16 -0.45 -15.10 -2.31

Goldcard Smart Group 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 ¥-19 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.

Goldcard Smart Group Co  (SZSE:300349) 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.

Goldcard Smart Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥110 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥375 Mil.

Goldcard Smart Group 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*109.846/-2.309
=47.57

* 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.

Goldcard Smart Group Co (SZSE:300349) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Goldcard Smart Group Co Ltd (SZSE:300349) » Definitions » Interest Expense
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SZSE:300590 SZSE:300177 SZSE:300007 SZSE:300516 SZSE:002829 SZSE:002658 SZSE:002870 SHSE:603421 SHSE:603508 SZSE:002766 TSE:6861 FTV OSTO:HEXA B KEYS GRMN TDY TRMB TSE:7701 CGNX ST
Traded in Other Exchanges
N/A
Address
No.158, Jinqiao Street, Hangzhou Economic & Technological Development Area, Zhejiang Province, Hangzhou, CHN, 310018
Website
http://www.china-goldcard.com
Goldcard Smart Group Co Ltd is engaged in the research and development, production and sales of intelligent gas meter and gas measurement management system. The company distributes its products in domestic markets.
Executives
Wang Zhe Directors, executives
Deng Wen Qing Securities Affairs Representative
Yang Bin Directors, executives
Zhu Yang Zhou Directors, executives
Li Ling Ling Executives
He Guo Wen Supervisors
Chou Liang Directors, executives
Liu Zhong Jin Directors, executives
Zhang Hong Ye Director
Yu Dong Lin Supervisors
Ma Fang Fen Secretary Dong
Shen Wen Xin Independent director
Huang Guang Kun Supervisors

Goldcard Smart Group Co (SZSE:300349) Headlines

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