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ARTS Group Co (SHSE:603017) Interest Expense : ¥-10 Mil (TTM As of Mar. 2024)


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What is ARTS Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ARTS Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-10 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. ARTS Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 14 Mil. ARTS Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -2 Mil. ARTS Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 5.92. 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.

ARTS Group Co Interest Expense Historical Data

The historical data trend for ARTS Group 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.

ARTS Group Co Interest Expense Chart

ARTS Group 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 -2.36 -2.84 -9.20 -9.49 -9.68

ARTS Group 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 -2.33 -2.49 -2.44 -2.42 -2.37

ARTS Group 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 ¥-10 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.

ARTS Group Co  (SHSE:603017) 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.

ARTS Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥8 Mil.

ARTS Group 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*13.999/-2.365
=5.92

* 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.

ARTS Group Co (SHSE:603017) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ARTS Group Co Ltd (SHSE:603017) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Suhong Middle Road No.393, Suzhou Industrial Park, Suzhou, Hongkong, CHN
Website
http://www.sipdri.com
ARTS Group Co Ltd is engaged in planning, design, construction, and development with the purpose of providing engineering and technical service. The company's project profile consists of Public Building, Planning Design, Interior Design, Landscape Design, Residential Projects, Logistics Construction, Green Building, and others.
Executives
Li Zheng senior management
Zhan Xin Jian Director
Xu Hai Ying Director
Jiang Wen Bei Director
Bai Jiang Hong Director
Lu Xue Jun Director
Zhang Yan Cheng senior management
Yu Ji Peng Supervisors
Zhang Jin Director
Liao Chen Supervisors
Fu Wei Dong Supervisors
Xu Hong Tao Supervisors
Tan Li Hua Supervisors
Zou Jin Xin Director
Xue Jin Hai Supervisors

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