Zhejiang Daily Digital Culture Group Co (SHSE:600633) Interest Expense : ¥-24 Mil (TTM As of Mar. 2024)

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What is Zhejiang Daily Digital Culture Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhejiang Daily Digital Culture Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-24 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. Zhejiang Daily Digital Culture Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 107 Mil. Zhejiang Daily Digital Culture Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -3 Mil. Zhejiang Daily Digital Culture Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 33.80. 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.

Zhejiang Daily Digital Culture Group Co Interest Expense Historical Data

The historical data trend for Zhejiang Daily Digital Culture 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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Zhejiang Daily Digital Culture Group Co Interest Expense Chart

Zhejiang Daily Digital Culture Group Co Annual Data

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Interest Expense

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-4.82

-40.50

-30.43

-24.57

-24.97

Zhejiang Daily Digital Culture 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															-4.14	-9.96	-3.42	-7.45	-3.16

Zhejiang Daily Digital Culture 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 ¥-24 Mil.

Zhejiang Daily Digital Culture Group Co (SHSE:600633) 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.

Zhejiang Daily Digital Culture Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥107 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥259 Mil.

Zhejiang Daily Digital Culture 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	*	106.898	/	-3.163
	=	33.80

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

Zhejiang Daily Digital Culture Group Co (SHSE:600633) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zhejiang Daily Digital Culture Group Co Ltd (SHSE:600633) » Definitions » Interest Expense

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Address

Stadium Road 178, 26-27 floor, Zhejiang Province, Hangzhou, CHN, 310039

Website

http://www.600633.cn

Zhejiang Daily Digital Culture Group Co Ltd is a media company based in China. It aims to build a domestic Internet digital cultural industry group and comprehensively develop a digital culture industry based on the Internet. Its focus is on the digital entertainment industry, digital sports industry, and the "four-in-one" big data industry with high-quality IP as the core. The company also focuses on the development of e-commerce services, art services, and other cultural industry services.

Executives

Zhu Ren Hua	senior management
Tong Jie	senior management
Ji Xin Hong	Supervisors
Zhang Xue Nan	Director
He Feng	senior management
Liang Nan	senior management
Li Ren Guo	senior management
Cai Jing Fu	Supervisors
Fang Wei Ying	senior management
Zheng Fa Qi	senior management
Li Qing	senior management

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