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Hubei Century Network Technology (SZSE:300494) Interest Expense : ¥-0 Mil (TTM As of Mar. 2024)


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What is Hubei Century Network Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hubei Century Network Technology's interest expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-0 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. Hubei Century Network Technology's Operating Income for the three months ended in Mar. 2024 was ¥ 9 Mil. Hubei Century Network Technology's Interest Expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Hubei Century Network Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 338.64. 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.


Hubei Century Network Technology Interest Expense Historical Data

The historical data trend for Hubei Century Network Technology'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.

Hubei Century Network Technology Interest Expense Chart

Hubei Century Network Technology 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 -1.26 -0.95 -1.30 -0.36 -0.21

Hubei Century Network Technology 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 -0.07 -0.06 -0.04 -0.03 -0.03

Hubei Century Network Technology 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 ¥-0 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.


Hubei Century Network Technology  (SZSE:300494) 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.

Hubei Century Network Technology's Interest Expense for the three months ended in Mar. 2024 was ¥-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1 Mil.

Hubei Century Network Technology'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*9.482/-0.028
=338.64

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hubei Century Network Technology Inc has enough cash to cover all of its debt. Its financial situation is stable.


Hubei Century Network Technology (SZSE:300494) Business Description

Traded in Other Exchanges
N/A
Address
No. 77 Guanggu Avenue, 9-11 Floor, Building B7, Financial Port, Donghu New Technology Development Zone, Hubei, Wuhan, CHN, 430070
Hubei Century Network Technology Co Ltd provides internet content and service aggregation platforms. Its products and services are network entertainment platforms, mobile internet, internet value-added products, and advertising business. It provides services to Internet cafes, the education sector, hotels, and other public Internet service sites.
Executives
Wang Jun Fang Directors, executives
Cui Jian Ping Director
Feng Wei Directors, executives
Kuang Yao Hua Directors, executives
Fu Shu Yong Directors, executives
Chen Ai Bin Directors, executives

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