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CASIN Real Estate Development Group Co (SZSE:000838) Interest Expense : ¥-24 Mil (TTM As of Mar. 2024)


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What is CASIN Real Estate Development Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CASIN Real Estate Development Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-24 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. CASIN Real Estate Development Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ -10 Mil. CASIN Real Estate Development Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -3 Mil. CASIN Real Estate Development Group Co did not have earnings to cover the interest expense. 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.

CASIN Real Estate Development Group Co Interest Expense Historical Data

The historical data trend for CASIN Real Estate Development 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.

CASIN Real Estate Development Group Co Interest Expense Chart

CASIN Real Estate Development 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 -27.69 -47.05 -53.06 -25.21 -28.98

CASIN Real Estate Development 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 -7.46 -3.03 -4.34 -14.15 -2.68

CASIN Real Estate Development 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 ¥-24 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.

CASIN Real Estate Development Group Co  (SZSE:000838) 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.

CASIN Real Estate Development Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥95 Mil.

CASIN Real Estate Development Group Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

CASIN Real Estate Development Group Co did not have earnings to cover the interest expense.

* 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.

CASIN Real Estate Development Group Co (SZSE:000838) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CASIN Real Estate Development Group Co Ltd (SZSE:000838) » Definitions » Interest Expense
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SHSE:600683 SZSE:000558 SHSE:600743 SHSE:600173 SZSE:000042 SHSE:600067 SHSE:600638 SZSE:002305 SHSE:600239 SHSE:600052 HKSE:00016 HKSE:01109 BOM:532868 HKSE:00688 DFM:EMAAR SHSE:600048 TSE:1925 BOM:543287 HKSE:01113 SZSE:000002
Traded in Other Exchanges
N/A
Address
Building 1, No. 1, Honghuang Road, 24th Floor, Jiangbei District, Chongqing, CHN, 100025
Website
http://www.casindev.com
CASIN Real Estate Development Group Co Ltd is engaged in the development and operation of residential and commercial properties. The company's main business includes real estate development, commercial operation, tourism and healthcare and others. The types of properties developed by the company include urban complex, Shopping mall, office buildings, villas, residential, tourism real estate, five-star hotels, business apartments, and bungalows, special commercial street and other. Geographically the group covers various business areas which include Chongqing, Beijing, Henan, Shandong, Sichuan and other places.
Executives
Luo Yu Xing Director
An Hua Executives
Peng Ling Jiang Director
Tang Chang Ming Directors, executives
Bai Zhong Xiao Directors, executives
Zhu Feng Xian Director
Ban Wei Xian Executives

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