Shenzhen Expressway (Shenzhen Expressway) Interest Expense : $-169 Mil (TTM As of Dec. 2023)

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What is Shenzhen Expressway Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Expressway's interest expense for the three months ended in Dec. 2023 was $ -38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-169 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. Shenzhen Expressway's Operating Income for the three months ended in Dec. 2023 was $ 78 Mil. Shenzhen Expressway's Interest Expense for the three months ended in Dec. 2023 was $ -38 Mil. Shenzhen Expressway's Interest Coverage for the quarter that ended in Dec. 2023 was 2.05. 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.

Shenzhen Expressway Interest Expense Historical Data

The historical data trend for Shenzhen Expressway'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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Shenzhen Expressway Interest Expense Chart

Shenzhen Expressway Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-85.68

-106.66

-134.89

-165.58

-168.46

Shenzhen Expressway Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-42.03	-42.74	-41.05	-47.01	-37.99

Shenzhen Expressway 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-169 Mil.

Shenzhen Expressway (OTCPK:SHZNY) 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.

Shenzhen Expressway's Interest Expense for the three months ended in Dec. 2023 was $-38 Mil. Its Operating Income for the three months ended in Dec. 2023 was $78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,349 Mil.

Shenzhen Expressway's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	77.815	/	-37.994
	=	2.05

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shenzhen Expressway Corp Ltd interest coverage is 2.34, which is low.

Shenzhen Expressway (Shenzhen Expressway) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Expressway Corp Ltd (OTCPK:SHZNY) » Definitions » Interest Expense

Traded in Other Exchanges

00548:Hong Kong SHZH:Germany 600548:China

Address

Hanking Center Tower, Yuehai Street, No. 9968, Floor 46, Shennan Avenue, Nanshan District, Shenzhen, CHN, 518026

Website

https://www.sz-expressway.com

Shenzhen Expressway Corp Ltd, formerly Shenzhen Expressway Co Ltd constructs, operates, and maintains toll highways, roads, and urban infrastructure. The group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment engages in the operation and management of environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the Toll segment.

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