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Wintao Communications Co (SZSE:301139) Interest Expense : ¥-18 Mil (TTM As of Sep. 2024)


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What is Wintao Communications Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wintao Communications Co's interest expense for the three months ended in Sep. 2024 was ¥ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-18 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. Wintao Communications Co's Operating Income for the three months ended in Sep. 2024 was ¥ 24 Mil. Wintao Communications Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -6 Mil. Wintao Communications Co's Interest Coverage for the quarter that ended in Sep. 2024 was 4.09. 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.


Wintao Communications Co Interest Expense Historical Data

The historical data trend for Wintao Communications 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.

Wintao Communications Co Interest Expense Chart

Wintao Communications Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -5.64 -5.15 -9.19 -13.15 -9.23

Wintao Communications 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 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 -2.25 -4.62 -3.29 -4.58 -5.79

Wintao Communications 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 ¥-18 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.


Wintao Communications Co  (SZSE:301139) 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.

Wintao Communications Co's Interest Expense for the three months ended in Sep. 2024 was ¥-6 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥4 Mil.

Wintao Communications 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*23.668/-5.789
=4.09

* 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.


Wintao Communications Co Business Description

Traded in Other Exchanges
N/A
Address
No. 567, Dongrong Street, North District, Urumqi High-tech Industrial Development Zone, 10th Floor, South Tower, High-tech Talent Building, Uygur Autonomous Region, Xinjiang, CHN, 830013
Wintao Communications Co Ltd is a communication technology service provider. It offers communication network maintenance and optimization and communication network construction.

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