China National Building Material Co (China National Building Material Co) Interest Expense : $-832 Mil (TTM As of Dec. 2023)

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What is China National Building Material Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China National Building Material Co's interest expense for the six months ended in Dec. 2023 was $ -400 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-832 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 National Building Material Co's Operating Income for the six months ended in Dec. 2023 was $ 1,110 Mil. China National Building Material Co's Interest Expense for the six months ended in Dec. 2023 was $ -400 Mil. China National Building Material Co's Interest Coverage for the quarter that ended in Dec. 2023 was 2.77. 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 National Building Material Co Interest Expense Historical Data

The historical data trend for China National Building Material 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.

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China National Building Material Co Interest Expense Chart

China National Building Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1,360.66

-1,223.16

-1,277.62

-974.32

-832.84

China National Building Material Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-701.74	-510.13	-484.42	-431.38	-400.18

China National Building Material 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-832 Mil.

China National Building Material Co (OTCPK:CBUMF) 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 National Building Material Co's Interest Expense for the six months ended in Dec. 2023 was $-400 Mil. Its Operating Income for the six months ended in Dec. 2023 was $1,110 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $15,792 Mil.

China National Building Material Co'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	*	1110.252	/	-400.175
	=	2.77

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. China National Building Material Co Ltd interest coverage is 2.56, which is low.

China National Building Material Co (China National Building Material Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China National Building Material Co Ltd (OTCPK:CBUMF) » Definitions » Interest Expense

Traded in Other Exchanges

CBUMY:USA 03323:Hong Kong D1Y:Germany

Address

No. 17 Fuxing Road, 21st Floor, Tower 2 (Building B), Guohai Plaza, Haidian District, Beijing, CHN, 100036

Website

http://www.cnbmltd.cn

China National Building Material Co Ltd a state-owned building material holding company. Its reportable segments are Cement segment which includes production and sale of cement, Concrete segment includes Production and sale of concrete, New Materials segment comprises of Production and sale of glass fiber, composite and lightweight building materials, and Engineering Services includes Provision of engineering services to glass and cement manufacturers and equipment procurement, and others segment comprises Merchandise trading business and others. The company operates in China, Europe, Middle East, Southeast Asia, Oceania, Africa, the Americas, and other countries, out of which the majority of the revenue comes from china.

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