Dnake (Xiamen) Intelligent Technology Co (SZSE:300884) Interest Expense : ¥-1.0 Mil (TTM As of Sep. 2024)

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What is Dnake (Xiamen) Intelligent Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dnake (Xiamen) Intelligent Technology Co's interest expense for the three months ended in Sep. 2024 was ¥ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-1.0 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. Dnake (Xiamen) Intelligent Technology Co's Operating Income for the three months ended in Sep. 2024 was ¥ 3.5 Mil. Dnake (Xiamen) Intelligent Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -0.2 Mil. Dnake (Xiamen) Intelligent Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 was 16.14. 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.

Dnake (Xiamen) Intelligent Technology Co Interest Expense Historical Data

The historical data trend for Dnake (Xiamen) Intelligent 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.

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Dnake (Xiamen) Intelligent Technology Co Interest Expense Chart

Dnake (Xiamen) Intelligent Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.46

-0.40

-1.07

-0.42

-0.65

Dnake (Xiamen) Intelligent Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.44	-0.25	-0.46	-0.05	-0.21

Dnake (Xiamen) Intelligent 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1.0 Mil.

Dnake (Xiamen) Intelligent Technology Co (SZSE:300884) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Dnake (Xiamen) Intelligent Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥-0.2 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥3.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥5.9 Mil.

Dnake (Xiamen) Intelligent Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	3.453	/	-0.214
	=	16.14

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Dnake (Xiamen) Intelligent Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Dnake (Xiamen) Intelligent Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dnake (Xiamen) Intelligent Technology Co Ltd (SZSE:300884) » Definitions » Interest Expense

Traded in Other Exchanges

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Address

No. 2 Chuangxin Road, 5th Floor, Xinglian Electronic Building, Torch Garden, Torch High-tech Zone, Fujian Province, Xiamen, CHN, 361000

Website

http://www.dnake.com

Dnake (Xiamen) Intelligent Technology Co Ltd is a high-tech and certified software enterprise specialized in R&D, manufacture, sales and service of video door phone system and smart community system. The company's smart community solutions are consisted of video door phone, home automation, intelligent parking guidance, ventilation system, water purification system, IOT elevator control, IBMS and community O2O service platform, among others.

Executives

Zhuang Wei	Directors, executives
Zhao Hong	Supervisors
Hou Hong Qiang	Directors, executives

Dnake (Xiamen) Intelligent Technology Co Headlines

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