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Leascend Technology Co (SZSE:300051) Interest Expense : ¥-36.3 Mil (TTM As of Mar. 2024)


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What is Leascend Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Leascend Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -13.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-36.3 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. Leascend Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -37.1 Mil. Leascend Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -13.4 Mil. Leascend Technology Co did not have earnings to cover the interest expense. 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.

Leascend Technology Co Interest Expense Historical Data

The historical data trend for Leascend Technology 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.

Leascend Technology Co Interest Expense Chart

Leascend Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.12 -24.03 -21.45 -20.45 -27.57

Leascend Technology 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 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 -4.67 -4.73 -4.66 -13.52 -13.45

Leascend Technology 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 ¥-36.3 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.

Leascend Technology Co  (SZSE:300051) 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.

Leascend Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-13.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-37.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥913.6 Mil.

Leascend Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Leascend Technology Co did not have earnings to cover the interest expense.

* 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.

Leascend Technology Co (SZSE:300051) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Leascend Technology Co Ltd (SZSE:300051) » Definitions » Interest Expense
Comparable Companies
SZSE:301270 SHSE:688787 SZSE:002474 SZSE:300542 SZSE:300365 SZSE:300044 SHSE:688246 SHSE:688657 SZSE:301302 SHSE:603189 CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
No. 8, Guanri Road, Phase II, Software Park, 1st Floor, Torch Hi-Tech Industrial Development Zone, Fujian province, Xiamen, CHN, 361008
Website
http://www.35.com
Leascend Technology Co Ltd, formerly Xiamen 35.com Technology Co Ltd operates in the software service industry in China. It offers enterprise internet solutions, corporate communication solutions, mobile office solutions, and business management solutions. The company provides its clients with enterprise mailboxes, electronic commercial websites, domain registration, smart restaurants, 35 cloud attendance, cloud office bag, office automation systems, among others.
Executives
Zhang Wei Wei Executives
Tang Jing Lei Executives
Chen Tu Bao Supervisors
Yu Cheng Bin Supervisors
Zhang Xiao Chu Executives
Gong Shao Hui Directors, executives
Yang Xiao Liang Directors, Directors, and Executives
Zhang Mei Wen Directors, executives
Shen Wen Ce Director
Li Yun Fei Executives
Ceng Hua Qun Director

Leascend Technology Co (SZSE:300051) Headlines

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