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TSYHF (TravelSky Technology) Interest Expense : $-2 Mil (TTM As of Jun. 2024)


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What is TravelSky Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TravelSky Technology's interest expense for the six months ended in Jun. 2024 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-2 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. TravelSky Technology's Operating Income for the six months ended in Jun. 2024 was $ 198 Mil. TravelSky Technology's Interest Expense for the six months ended in Jun. 2024 was $ -1 Mil. TravelSky Technology's Interest Coverage for the quarter that ended in Jun. 2024 was 223.08. 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.


TravelSky Technology Interest Expense Historical Data

The historical data trend for TravelSky Technology'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.

TravelSky Technology Interest Expense Chart

TravelSky Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.89 -0.45 -1.78 -2.13 -1.58

TravelSky Technology Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -1.15 -1.12 -1.00 -0.89 -0.69

TravelSky Technology 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2 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.


TravelSky Technology  (OTCPK:TSYHF) 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.

TravelSky Technology's Interest Expense for the six months ended in Jun. 2024 was $-1 Mil. Its Operating Income for the six months ended in Jun. 2024 was $198 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $3 Mil.

TravelSky Technology's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*197.875/-0.887
=223.08

* 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.

Good Sign:

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


TravelSky Technology Business Description

Traded in Other Exchanges
Address
TravelSky High-Tech Industrial Park, Houshayu Town, Shunyi District, Beijing, CHN, 101318
TravelSky Technology Ltd provides information technology solutions for aviation and travel companies in China. The company develops commercial airlines, airports, air travel products, and is a services supplier to travel agencies, corporate clients, travelers, and cargo shippers--to conduct electronic transactions and manage travel-related information. The core businesses of the company include aviation information technology services, distribution of information technology services, and clearing & accounting & settlement services for the aviation industry. Aviation information technology service revenue contributes approximately half the company's total revenue.

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