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Zhengzhou Tiamaes Technology Co (SZSE:300807) Interest Expense : ¥-1.8 Mil (TTM As of Mar. 2024)


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What is Zhengzhou Tiamaes Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhengzhou Tiamaes Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1.8 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. Zhengzhou Tiamaes Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -21.2 Mil. Zhengzhou Tiamaes Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.3 Mil. Zhengzhou Tiamaes Technology Co did not have earnings to cover the interest expense. 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.


Zhengzhou Tiamaes Technology Co Interest Expense Historical Data

The historical data trend for Zhengzhou Tiamaes Technology 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.

Zhengzhou Tiamaes Technology Co Interest Expense Chart

Zhengzhou Tiamaes Technology 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 -3.81 -1.04 -1.21 -3.87 -2.02

Zhengzhou Tiamaes Technology 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 -0.47 -0.58 -0.46 -0.51 -0.27

Zhengzhou Tiamaes Technology 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 ¥-1.8 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.


Zhengzhou Tiamaes Technology Co  (SZSE:300807) 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.

Zhengzhou Tiamaes Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-21.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥20.2 Mil.

Zhengzhou Tiamaes Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Zhengzhou Tiamaes Technology Co did not have earnings to cover the interest expense.

* 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.


Zhengzhou Tiamaes Technology Co (SZSE:300807) Business Description

Traded in Other Exchanges
N/A
Address
No. 316 Lianhua Street, No. 10 Building, Zhengzhou High-tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450000
Zhengzhou Tiamaes Technology Co Ltd operates as a specialized in urban public transport intelligent dispatching platform and research and development and design, production and sales of vehicle electronic products. The company is a provider of information system about urban intelligent transportation solutions and 2G/3G video/GPS/BDS beidou monitoring solutions in domestic,mainly engaged in the development,production and sales of medium andhigh-end system integrated products based on the above solutions,at present has formed the business structure with the vehicle network application field products as main products,with the whole urban bus intelligent solutions as fist products.
Executives
Shi Lei Lei Supervisors
Zhang Zhen Hua Executives
Si Ai Jun Independent director

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