GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangzhou Hi-Target Navigation Tech Co Ltd (SZSE:300177) » Definitions » Interest Expense

Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Interest Expense : ¥-16 Mil (TTM As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Guangzhou Hi-Target Navigation Tech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangzhou Hi-Target Navigation Tech Co's interest expense for the three months ended in Mar. 2024 was ¥ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-16 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. Guangzhou Hi-Target Navigation Tech Co's Operating Income for the three months ended in Mar. 2024 was ¥ -51 Mil. Guangzhou Hi-Target Navigation Tech Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -4 Mil. Guangzhou Hi-Target Navigation Tech 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.

Guangzhou Hi-Target Navigation Tech Co Interest Expense Historical Data

The historical data trend for Guangzhou Hi-Target Navigation Tech 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.

Guangzhou Hi-Target Navigation Tech Co Interest Expense Chart

Guangzhou Hi-Target Navigation Tech 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 -19.49 -19.33 -18.53 -20.17 -16.66

Guangzhou Hi-Target Navigation Tech 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 -4.74 -3.56 -4.69 -3.67 -4.21

Guangzhou Hi-Target Navigation Tech 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 ¥-16 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.

Guangzhou Hi-Target Navigation Tech Co  (SZSE:300177) 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.

Guangzhou Hi-Target Navigation Tech Co's Interest Expense for the three months ended in Mar. 2024 was ¥-4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-51 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥23 Mil.

Guangzhou Hi-Target Navigation Tech Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Guangzhou Hi-Target Navigation Tech 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.

Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangzhou Hi-Target Navigation Tech Co Ltd (SZSE:300177) » Definitions » Interest Expense
Comparable Companies
SZSE:300516 SZSE:002829 SZSE:300349 SZSE:300590 SZSE:300007 SHSE:603508 SHSE:603421 SZSE:002383 SZSE:002658 SZSE:002870 TSE:6861 FTV OSTO:HEXA B KEYS GRMN TDY TRMB TSE:7701 CGNX ST
Traded in Other Exchanges
N/A
Address
Number 555, North of Panyu Road, Building 13, Tian'An Technology Zone, Panyu District, Guangzhou, CHN, 511400
Website
http://www.zhdgps.com
Guangzhou Hi-Target Navigation Tech Co Ltd is engaged in providing professional high-precision geographic instrument solutions. It offers GPS/GNSS, total stations, GIS mapping products, hydrographic surveying products, UAVs, 3D laser system instruments and BDS high-precision application products, precision agriculture products, precision machine controls and indoor localization solutions.
Executives
Liao Wen Director
Liao Ding Hai Directors, executives
Li Hong Jiang Directors, executives
Huang Hong Ju Directors, executives
Hu Wei Executives
Ou Yang Ye Heng Secretary, Director
Yang Xiao Juan Executives
Chen Xiu Lan Supervisors
Chen Ying Supervisors
Chen Jin Hong Securities Affairs Representative
Zhang Jin Qun Securities Affairs Representative
Xu Feng Directors, executives
Li Zhong Qiu Director
Xu Jia Director

Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Headlines

No Headlines