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Xiamen Wanli Stone Stock Co (SZSE:002785) Interest Expense : ¥-15 Mil (TTM As of Mar. 2024)


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What is Xiamen Wanli Stone Stock Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xiamen Wanli Stone Stock 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 ¥-15 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. Xiamen Wanli Stone Stock Co's Operating Income for the three months ended in Mar. 2024 was ¥ 6 Mil. Xiamen Wanli Stone Stock Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -3 Mil. Xiamen Wanli Stone Stock Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.88. 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.

Xiamen Wanli Stone Stock Co Interest Expense Historical Data

The historical data trend for Xiamen Wanli Stone Stock 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.

Xiamen Wanli Stone Stock Co Interest Expense Chart

Xiamen Wanli Stone Stock 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 -19.78 -19.51 -21.15 -19.91 -15.32

Xiamen Wanli Stone Stock 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 -3.93 -4.16 -3.90 -3.32 -3.35

Xiamen Wanli Stone Stock 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 ¥-15 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.

Xiamen Wanli Stone Stock Co  (SZSE:002785) 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.

Xiamen Wanli Stone Stock 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 ¥6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥8 Mil.

Xiamen Wanli Stone Stock 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*6.275/-3.345
=1.88

* 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.

Xiamen Wanli Stone Stock Co (SZSE:002785) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Xiamen Wanli Stone Stock Co Ltd (SZSE:002785) » Definitions » Interest Expense
Comparable Companies
SZSE:002918 SHSE:603992 SHSE:600876 SZSE:002641 SZSE:002323 SZSE:300715 SZSE:002790 SZSE:300344 SZSE:002162 SZSE:002631 TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX
Traded in Other Exchanges
N/A
Address
201 North Hubin Road, 8th Floor, Fortune Building, Xiamen, CHN, 361012
Website
http://www.wanli.com
Xiamen Wanli Stone Stock Co Ltd is a stone integrated service provider. Its engaged in research and development, design, processing, sales and installation of architectural decorative stone and landscape stone. Its products include Slab, cut-to-size, countertop, vanity top, window sill, wall cladding, special shaped stone and garden & landscaping stone. Its products are used in airports, high-speed rail, high-end hotels and other large-scale hotels, Public buildings, commercial office buildings and residences, as well as tombstone gardens, monuments.
Executives
Hu Jing Pei Director
Zou Peng Directors, executives
Huang Chao Yang Directors, executives
Liao Yi Xin Independent director

Xiamen Wanli Stone Stock Co (SZSE:002785) Headlines

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