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Aluminum of China (BUE:AOCA) Interest Expense : ARS-198,187 Mil (TTM As of Mar. 2024)


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What is Aluminum of China Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aluminum of China's interest expense for the three months ended in Mar. 2024 was ARS -89,519 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ARS-198,187 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. Aluminum of China's Operating Income for the three months ended in Mar. 2024 was ARS 629,491 Mil. Aluminum of China's Interest Expense for the three months ended in Mar. 2024 was ARS -89,519 Mil. Aluminum of China's Interest Coverage for the quarter that ended in Mar. 2024 was 7.03. 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.

Aluminum of China Interest Expense Historical Data

The historical data trend for Aluminum of China'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.

Aluminum of China Interest Expense Chart

Aluminum of China 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 -37,292.61 -54,062.57 -62,193.23 -92,046.36 -168,137.01

Aluminum of China 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 -24,426.78 -28,247.97 -37,205.84 -43,214.23 -89,518.74

Aluminum of China 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 ARS-198,187 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.

Aluminum of China  (BUE:AOCA) 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.

Aluminum of China's Interest Expense for the three months ended in Mar. 2024 was ARS-89,519 Mil. Its Operating Income for the three months ended in Mar. 2024 was ARS629,491 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ARS6,244,221 Mil.

Aluminum of China'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*629491.105/-89518.74
=7.03

* 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.

Aluminum of China (BUE:AOCA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluminum Corp of China Ltd (BUE:AOCA) » Definitions » Interest Expense
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SZSE:000807 SHSE:600219 SZSE:002532 SHSE:601702 SHSE:600361 SHSE:601677 SHSE:600595 SZSE:002182 SZSE:300428 SHSE:600888 NSE:HINDALCO HKSE:01378 OSL:NHY XKLS:8869 MIC:RUAL AA BAH:ALBH BOM:532234 CSTM ASX:AWC
Traded in Other Exchanges
ALMMF:USA 02600:Hong Kong AOC:Germany 601600:China
Address
No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Website
https://www.chalco.com.cn
Aluminum Corp of China Ltd is an aluminum producer. The Alumina segment consists of the mining and purchase of bauxite and other raw materials. The Primary aluminum segment consists of the procurement of alumina, supplemental materials, and electric power. Its Energy segment comprises the production and operation of energy products mainly coal mining. The Trading segment includes the trading of alumina primary aluminum, aluminum fabrication products, other non-ferrous metal products and Corporate and other operating segments. Geographically, it operates in Mainland China, as well as other countries. It generates a major part of its revenue from the Trading segment.

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