GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Infotech Co Ltd (SZSE:300465) » Definitions » Interest Expense

Global Infotech Co (SZSE:300465) Interest Expense : ¥-16 Mil (TTM As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Global Infotech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global Infotech Co's interest expense for the three months ended in Mar. 2024 was ¥ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-16 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. Global Infotech Co's Operating Income for the three months ended in Mar. 2024 was ¥ 6 Mil. Global Infotech Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -3 Mil. Global Infotech Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.65. 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.

Global Infotech Co Interest Expense Historical Data

The historical data trend for Global Infotech 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.

Global Infotech Co Interest Expense Chart

Global Infotech 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 -18.63 -23.05 -17.40 -15.95 -17.40

Global Infotech 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 -4.50 -3.85 -4.32 -4.73 -3.37

Global Infotech 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 ¥-16 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.

Global Infotech Co  (SZSE:300465) 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.

Global Infotech Co's Interest Expense for the three months ended in Mar. 2024 was ¥-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥14 Mil.

Global Infotech 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*5.562/-3.372
=1.65

* 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.

Global Infotech Co (SZSE:300465) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Infotech Co Ltd (SZSE:300465) » Definitions » Interest Expense
Comparable Companies
SHSE:688579 SZSE:300523 SHSE:688365 SZSE:300895 SHSE:600756 SZSE:002908 SHSE:688588 SZSE:301302 SHSE:688246 SZSE:300532 CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
Liang Ma Qiao Road, No. 32 High Lan Building, 16th floor, Chaoyang District, Beijing, CHN
Website
http://www.git.com.cn
Global Infotech Co Ltd is one of the leading financial information software product and integrated service provider in China. The products and solutions include - EasyLoan Credit Management System, EasyIBS new core business system, Credit asset classification system, Fund transfer pricing overall plan, Point management system, EasyCard Bank Card System, and others.
Executives
Wang Ting Supervisors
Zheng Xiang Yun Securities Affairs Representative
Yang Xiao Bin Executives

Global Infotech Co (SZSE:300465) Headlines

No Headlines