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ZCMD (ZHONGCHAO) Interest Expense : $0.00 Mil (TTM As of Jun. 2024)


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What is ZHONGCHAO Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ZHONGCHAO's interest expense for the six months ended in Jun. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $0.00 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. ZHONGCHAO's Operating Income for the six months ended in Jun. 2024 was $ -0.05 Mil. ZHONGCHAO's Interest Expense for the six months ended in Jun. 2024 was $ 0.00 Mil. GuruFocus does not calculate ZHONGCHAO's interest coverage with the available data. 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.


ZHONGCHAO Interest Expense Historical Data

The historical data trend for ZHONGCHAO'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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ZHONGCHAO Interest Expense Chart

ZHONGCHAO Annual Data
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ZHONGCHAO Semi-Annual Data
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ZHONGCHAO 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 $0.00 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.


ZHONGCHAO  (NAS:ZCMD) 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.

ZHONGCHAO's Interest Expense for the six months ended in Jun. 2024 was $0.00 Mil. Its Operating Income for the six months ended in Jun. 2024 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $0.52 Mil.

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

GuruFocus does not calculate ZHONGCHAO's interest coverage with the available data.

* 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. ZHONGCHAO Inc has enough cash to cover all of its debt. Its financial situation is stable.


ZHONGCHAO Business Description

Traded in Other Exchanges
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Address
841 Yan’An Middle Road, Nanxi Creative Center, Suite 218, Jing’An District, Shanghai, CHN, 200040
ZHONGCHAO Inc is a Cayman Islands-based provider of healthcare information, education, and training services. It provides services to healthcare professionals and the public in China. It offers online and onsite health information services, healthcare education programs, and healthcare training products, consisting of clinical practice training, open classes of popular medical topics, interactive case studies, academic conferences and workshops, continuing education courses, and articles and short videos with educational healthcare content.

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