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Anhui Ankai Automobile Co (SZSE:000868) Interest Expense : ¥-9 Mil (TTM As of Mar. 2024)


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What is Anhui Ankai Automobile Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anhui Ankai Automobile Co's interest expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-9 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. Anhui Ankai Automobile Co's Operating Income for the three months ended in Mar. 2024 was ¥ -12 Mil. Anhui Ankai Automobile Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1 Mil. Anhui Ankai Automobile 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.

Anhui Ankai Automobile Co Interest Expense Historical Data

The historical data trend for Anhui Ankai Automobile 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.

Anhui Ankai Automobile Co Interest Expense Chart

Anhui Ankai Automobile 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 -102.26 -71.97 -44.50 -40.99 -15.15

Anhui Ankai Automobile 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 -12.90 -8.39 - - -0.93

Anhui Ankai Automobile 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 ¥-9 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.

Anhui Ankai Automobile Co  (SZSE:000868) 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.

Anhui Ankai Automobile Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥28 Mil.

Anhui Ankai Automobile Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Anhui Ankai Automobile 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.

Anhui Ankai Automobile Co (SZSE:000868) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Anhui Ankai Automobile Co Ltd (SZSE:000868) » Definitions » Interest Expense
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SZSE:000903 SZSE:301322 SZSE:300210 SZSE:000957 SZSE:300643 SHSE:600686 SHSE:600565 SZSE:002682 SHSE:600303 SHSE:600609 TSLA TSE:7203 XTER:P911 SZSE:002594 XTER:MBG MIL:RACE MIL:STLAM XTER:BMW XTER:VOW3 TSE:7267
Traded in Other Exchanges
N/A
Address
No.99, Huayuan Avenue, Hefei, CHN
Website
http://www.ankai.com
Anhui Ankai Automobile Co Ltd is a China-based company operates in the business of busses. It manufactures and sells large, medium, and light buses and their automotive parts. It offers Coach, City bus, School bus and New energy bus. Geographically the business activities are carried out through China and its products are exported to developed countries and regions, including U.S., UK, Australia, Dubai, Hong Kong, and Macau.
Executives
Shi Xiao Hong Supervisors
Zhang Han Dong Director
Dong Gang Executives
Sheng Xia Securities Affairs Representative
Li Qiang Director

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