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Beijing VRV Software (SZSE:300352) Interest Expense : ¥-10.1 Mil (TTM As of Mar. 2024)


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What is Beijing VRV Software Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beijing VRV Software's interest expense for the three months ended in Mar. 2024 was ¥ -1.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-10.1 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. Beijing VRV Software's Operating Income for the three months ended in Mar. 2024 was ¥ 13.3 Mil. Beijing VRV Software's Interest Expense for the three months ended in Mar. 2024 was ¥ -1.8 Mil. Beijing VRV Software's Interest Coverage for the quarter that ended in Mar. 2024 was 7.43. 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.

Beijing VRV Software Interest Expense Historical Data

The historical data trend for Beijing VRV Software'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.

Beijing VRV Software Interest Expense Chart

Beijing VRV Software 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 -1.95 -4.24 -5.84 -8.44 -10.28

Beijing VRV Software 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 -1.96 -2.02 -2.48 -3.83 -1.79

Beijing VRV Software 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 ¥-10.1 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.

Beijing VRV Software  (SZSE:300352) 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.

Beijing VRV Software's Interest Expense for the three months ended in Mar. 2024 was ¥-1.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥13.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥8.7 Mil.

Beijing VRV Software'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*13.285/-1.787
=7.43

* 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.

Beijing VRV Software (SZSE:300352) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing VRV Software Corp Ltd (SZSE:300352) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Beijing Zhongguancun South Street, Zhongguancun Science and Technology Development, Building 34, Room 1602, Block C, Haidian District, Beijing, CHN, 100081
Website
http://www.vrv.com.cn
Beijing VRV Software Corp Ltd is engaged in developing, manufacturing & selling of information security software products and services. The company provides data applications, mobile management systems, domestic terminal security systems, border security products, Intranet security products, anti-virus software, and data security products.
Executives
Wang Xiao Na Directors, executives
Yang Jie Directors, executives
Yang Wei Executives
Hu Jian Bin Director
Gao Xi Directors, executives
Lin Hao Directors, executives
Ma Cheng Dong Supervisors
Ha Lian Qin Supervisors
Shen Jian Fei Independent director
Zhao Zhan Sheng Independent director

Beijing VRV Software (SZSE:300352) Headlines

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