China Mobile (China Mobile) Interest Expense : $-481 Mil (TTM As of Mar. 2024)

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What is China Mobile Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Mobile's interest expense for the three months ended in Mar. 2024 was $ -117 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-481 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 Mobile's Operating Income for the three months ended in Mar. 2024 was $ 5,175 Mil. China Mobile's Interest Expense for the three months ended in Mar. 2024 was $ -117 Mil. China Mobile's Interest Coverage for the quarter that ended in Mar. 2024 was 44.10. 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 Mobile Interest Expense Historical Data

The historical data trend for China Mobile'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 Mobile Interest Expense Chart

China Mobile Annual Data

Trend

Dec14

Dec15

Dec16

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Dec23

Interest Expense

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-461.81

-455.10

-394.71

-310.69

-497.47

China Mobile Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-135.98	-139.78	-95.51	-128.43	-117.34

China Mobile 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 $-481 Mil.

China Mobile (NYSE:CHL) 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 Mobile's Interest Expense for the three months ended in Mar. 2024 was $-117 Mil. Its Operating Income for the three months ended in Mar. 2024 was $5,175 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $9,167 Mil.

China Mobile'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	*	5175.033	/	-117.337
	=	44.10

The higher the ratio, the stronger the company's financial strength is.

China Mobile (China Mobile) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (NYSE:CHL) » Definitions » Interest Expense

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941:Mexico 00941:Hong Kong CTM:Germany 600941:China

Address

99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG

Website

https://www.chinamobileltd.com

China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.