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EVE Energy Co (SZSE:300014) Interest Expense : ¥-494 Mil (TTM As of Mar. 2024)


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What is EVE Energy Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EVE Energy Co's interest expense for the three months ended in Mar. 2024 was ¥ -134 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-494 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. EVE Energy Co's Operating Income for the three months ended in Mar. 2024 was ¥ 979 Mil. EVE Energy Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -134 Mil. EVE Energy Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.31. 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.

EVE Energy Co Interest Expense Historical Data

The historical data trend for EVE Energy 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.

EVE Energy Co Interest Expense Chart

EVE Energy 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 -103.16 -64.97 -130.30 -392.18 -476.51

EVE Energy 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 -116.34 -106.09 -125.82 -128.27 -133.84

EVE Energy 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 ¥-494 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.

EVE Energy Co  (SZSE:300014) 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.

EVE Energy Co's Interest Expense for the three months ended in Mar. 2024 was ¥-134 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥979 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥18,541 Mil.

EVE Energy 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*978.899/-133.839
=7.31

* 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.

EVE Energy Co (SZSE:300014) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EVE Energy Co Ltd (SZSE:300014) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
EVE Industrial Park, Xikeng Industrial zone, Huihuan Town, Huizhou, Guangdong, CHN
Website
http://www.evebattery.com
EVE Energy Co Ltd is a China-based company. The company's main business is the development, production, sales of lithium primary batteries, lithium-ion batteries. Lithium primary battery is used in smart meter (water, electricity, gas, heat meter), remote data acquisition system, intelligent security, smart home, intelligent transportation, data storage, medical equipment, oil drilling, military applications and other fields, is a driving force.
Executives
Liu Jian Hua Directors, executives
Ai Xin Ping Director
Li Mu Fen Executives
Sang Tian Executives
Lei Qiao Ping Independent director
Yuan Zhong Zhi Supervisors
Liu Jin Cheng Director
Wang Shi Feng Executives
Wang Yue Lin Independent director
Tang Qiu Ying Directors, executives
Sun Bin Executives
Huang Wei Yan Executives
Duan Cheng Supervisors
Han Ji Yun Directors, executives
Yu Dong Sheng Executives

EVE Energy Co (SZSE:300014) Headlines

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