Shanghai DOBE Cultural & Creative Industry Development (Group) Co (SZSE:300947) Interest Expense : ¥-183 Mil (TTM As of Mar. 2024)

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What is Shanghai DOBE Cultural & Creative Industry Development (Group) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai DOBE Cultural & Creative Industry Development (Group) Co's interest expense for the three months ended in Mar. 2024 was ¥ -45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-183 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. Shanghai DOBE Cultural & Creative Industry Development (Group) Co's Operating Income for the three months ended in Mar. 2024 was ¥ 55 Mil. Shanghai DOBE Cultural & Creative Industry Development (Group) Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -45 Mil. Shanghai DOBE Cultural & Creative Industry Development (Group) Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.21. 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.

Shanghai DOBE Cultural & Creative Industry Development (Group) Co Interest Expense Historical Data

The historical data trend for Shanghai DOBE Cultural & Creative Industry Development (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.

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Shanghai DOBE Cultural & Creative Industry Development (Group) Co Interest Expense Chart

Shanghai DOBE Cultural & Creative Industry Development (Group) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.65

-0.34

-107.93

-131.06

-174.84

Shanghai DOBE Cultural & Creative Industry Development (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															-36.91	-44.93	-42.76	-50.24	-45.34

Shanghai DOBE Cultural & Creative Industry Development (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 ¥-183 Mil.

Shanghai DOBE Cultural & Creative Industry Development (Group) Co (SZSE:300947) 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.

Shanghai DOBE Cultural & Creative Industry Development (Group) Co's Interest Expense for the three months ended in Mar. 2024 was ¥-45 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥3,560 Mil.

Shanghai DOBE Cultural & Creative Industry Development (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	*	54.893	/	-45.337
	=	1.21

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shanghai DOBE Cultural & Creative Industry Development (Group) Co Ltd interest coverage is 1.04, which is low.

Shanghai DOBE Cultural & Creative Industry Development (Group) Co (SZSE:300947) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shanghai DOBE Cultural & Creative Industry Development (Group) Co Ltd (SZSE:300947) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.492, Anhua Road, Room 707, Building 1, Changning District, Shanghai, CHN, 200050

Website

http://www.dobechina.com

Shanghai DOBE Cultural & Creative Industry Development (Group) Co Ltd is a professional service provider dedicated towards the development of cultural and technological enterprises. DoBe not only provides enterprises with a comfortable, ecological, and personalized high-quality office environment, but also provides entrepreneurial services, brand promotion, financial consulting, business registration and others.

Executives

Jia Bo

Director

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