China Coal Energy Co (FRA:CVV) Interest Expense : €-390 Mil (TTM As of Mar. 2024)

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What is China Coal Energy Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Coal Energy Co's interest expense for the three months ended in Mar. 2024 was € -88 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-390 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 Coal Energy Co's Operating Income for the three months ended in Mar. 2024 was € 1,136 Mil. China Coal Energy Co's Interest Expense for the three months ended in Mar. 2024 was € -88 Mil. China Coal Energy Co's Interest Coverage for the quarter that ended in Mar. 2024 was 12.92. 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 Coal Energy Co Interest Expense Historical Data

The historical data trend for China Coal Energy 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 Coal Energy Co Interest Expense Chart

China Coal Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-626.48

-586.63

-568.81

-522.25

-393.61

China Coal Energy Co 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															-96.74	-114.63	-97.89	-89.81	-87.96

China Coal Energy 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-390 Mil.

China Coal Energy Co (FRA:CVV) 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 Coal Energy Co's Interest Expense for the three months ended in Mar. 2024 was €-88 Mil. Its Operating Income for the three months ended in Mar. 2024 was €1,136 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €6,868 Mil.

China Coal Energy Co'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	*	1136.265	/	-87.958
	=	12.92

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

China Coal Energy Co (FRA:CVV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » China Coal Energy Co Ltd (FRA:CVV) » Definitions » Interest Expense

Traded in Other Exchanges

CCOZY:USA CCOZF:USA 01898:Hong Kong CVV:Germany 601898:China

Address

No. 1 Huangsidajie, Chaoyang District, Beijing, CHN, 100120

Website

https://www.chinacoalenergy.com

China Coal Energy Co Ltd is a joint-stock company. The company is a large-scale energy enterprise integrating coal production and trade, coal chemical industry, power generation, and coal mining equipment manufacturing. Its segment includes Coal; Coalchemical products; Mining machinery; Finance and Others. The company generates maximum revenue from the Coal segment.