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China CYTS Tours Holding Co (SHSE:600138) Interest Expense : ¥-249 Mil (TTM As of Mar. 2024)


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What is China CYTS Tours Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China CYTS Tours Holding Co's interest expense for the three months ended in Mar. 2024 was ¥ -50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-249 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 CYTS Tours Holding Co's Operating Income for the three months ended in Mar. 2024 was ¥ 41 Mil. China CYTS Tours Holding Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -50 Mil. China CYTS Tours Holding Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.82. 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 CYTS Tours Holding Co Interest Expense Historical Data

The historical data trend for China CYTS Tours Holding 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.

* Premium members only.

China CYTS Tours Holding Co Interest Expense Chart

China CYTS Tours Holding Co 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 -123.62 -146.20 -211.90 -256.59 -262.35

China CYTS Tours Holding 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 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 -62.96 -64.79 -69.49 -65.11 -49.68

China CYTS Tours Holding 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 ¥-249 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.

China CYTS Tours Holding Co  (SHSE:600138) 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.

China CYTS Tours Holding Co's Interest Expense for the three months ended in Mar. 2024 was ¥-50 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥41 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,829 Mil.

China CYTS Tours Holding 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*40.58/-49.679
=0.82

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. China CYTS Tours Holding Co Ltd interest coverage is 2.6, which is low.

China CYTS Tours Holding Co (SHSE:600138) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » China CYTS Tours Holding Co Ltd (SHSE:600138) » Definitions » Interest Expense
Comparable Companies
SHSE:600054 SZSE:000524 SZSE:002033 SZSE:002059 SZSE:301073 SHSE:603136 SZSE:000428 SZSE:000978 SZSE:000610 SHSE:600749 MAR HLT XNEP:SHL LSE:IHG H HTHT XPAR:AC BOM:500850 SAU:4250 LSE:WTB
Traded in Other Exchanges
N/A
Address
No. 5 Dongzhimen South Street, Zhongyuelv Building, Dongcheng District, Beijing, CHN, 100007
Website
http://www.cytsonline.com
China CYTS Tours Holding Co Ltd is a China-based company engaged in the tourism services industry. It provides services including holiday booking services, the domestic tourist resort, island tourist resort and other services and benefits. The company provides tourism services which include both the domestic and international tour vacations.

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