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Gansu Shangfeng Cement Co (SZSE:000672) Interest Expense : ¥-166 Mil (TTM As of Mar. 2024)


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What is Gansu Shangfeng Cement Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gansu Shangfeng Cement Co's interest expense for the three months ended in Mar. 2024 was ¥ -44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-166 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. Gansu Shangfeng Cement Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1 Mil. Gansu Shangfeng Cement Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -44 Mil. Gansu Shangfeng Cement Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.01. 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.

Gansu Shangfeng Cement Co Interest Expense Historical Data

The historical data trend for Gansu Shangfeng Cement 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.

Gansu Shangfeng Cement Co Interest Expense Chart

Gansu Shangfeng Cement 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 -85.63 -67.31 -119.39 -114.86 -156.08

Gansu Shangfeng Cement 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 -33.92 -38.65 -44.66 -38.85 -44.03

Gansu Shangfeng Cement 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 ¥-166 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.

Gansu Shangfeng Cement Co  (SZSE:000672) 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.

Gansu Shangfeng Cement Co's Interest Expense for the three months ended in Mar. 2024 was ¥-44 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,657 Mil.

Gansu Shangfeng Cement 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*0.64/-44.028
=0.01

* 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.

Gansu Shangfeng Cement Co (SZSE:000672) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Gansu Shangfeng Cement Co Ltd (SZSE:000672) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 738, Wenshan West Road, Unit E, Building 1, Xixi Legu Creative Industrial Park, Zhejiang Province, Hangzhou, CHN, 310000
Website
http://www.sfsn.cn
Gansu Shangfeng Cement Co Ltd is a China-based company engaged in the business of manufacturing and selling cement and building materials. The company's projects are mainly located in Jining Weishan, Jinling, Anhui, Tongling and Yuhuaiyuan, Zhejiang Zhuji and other cities.
Executives
Zhao Lin Zhong Director
Chen Ming Yong Director
Xiao Jia Xiang Director
Gao Xiang Director
Yu Feng Directors, executives

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