China Bester Group Telecom Co (SHSE:603220) Interest Expense : ¥-52 Mil (TTM As of Mar. 2024)

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What is China Bester Group Telecom Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Bester Group Telecom Co's interest expense for the three months ended in Mar. 2024 was ¥ -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-52 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. China Bester Group Telecom Co's Operating Income for the three months ended in Mar. 2024 was ¥ 70 Mil. China Bester Group Telecom Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -19 Mil. China Bester Group Telecom Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.65. 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.

China Bester Group Telecom Co Interest Expense Historical Data

The historical data trend for China Bester Group Telecom 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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China Bester Group Telecom Co Interest Expense Chart

China Bester Group Telecom Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

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Dec23

Interest Expense

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-8.20

-10.35

-11.95

-26.16

-39.06

China Bester Group Telecom 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															-6.14	-7.26	-8.09	-17.57	-19.12

China Bester Group Telecom 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 ¥-52 Mil.

China Bester Group Telecom Co (SHSE:603220) 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.

China Bester Group Telecom Co's Interest Expense for the three months ended in Mar. 2024 was ¥-19 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥70 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥888 Mil.

China Bester Group Telecom 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	*	69.783	/	-19.118
	=	3.65

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. China Bester Group Telecom Co Ltd interest coverage is 4.84, which is low.

China Bester Group Telecom Co (SHSE:603220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Bester Group Telecom Co Ltd (SHSE:603220) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 25, Jiangxing Road, Building C, Jianghan Economic Development Zone, Wuhan, Hubei, CHN, 430023

Website

http://www.whbester.com

China Bester Group Telecom Co Ltd formerly known as Wuhan Bester Group Telecom Co Ltd is specialized in communications network technology services. It is engaged in planning, design, construction, maintenance, and optimization of communications networks for telecom operators in China. It offers full-service information solutions for governments, industries and enterprises. Further it offers personalized information services to the public.

Executives

Feng Gang	Director
Yu Shi Liang	senior management
Li Yun	Directors, senior managers
Li Liu Bing	Directors, senior managers
Li Wei Jian	senior management
Tang Hai Bin	Supervisors
Wu Yan Qin	Director
Rao You Gen	senior management
Cheng De Song	senior management

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