GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chow Tai Fook Jewellery Group Ltd (OTCPK:CJEWY) » Definitions » Interest Expense

Chow Tai Fook Jewellery Group (Chow Tai Fook Jewellery Group) Interest Expense : $-88 Mil (TTM As of Sep. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Chow Tai Fook Jewellery Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chow Tai Fook Jewellery Group's interest expense for the six months ended in Sep. 2023 was $ -42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-88 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. Chow Tai Fook Jewellery Group's Operating Income for the six months ended in Sep. 2023 was $ 803 Mil. Chow Tai Fook Jewellery Group's Interest Expense for the six months ended in Sep. 2023 was $ -42 Mil. Chow Tai Fook Jewellery Group's Interest Coverage for the quarter that ended in Sep. 2023 was 19.16. 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.


Chow Tai Fook Jewellery Group Interest Expense Historical Data

The historical data trend for Chow Tai Fook Jewellery Group'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.

Chow Tai Fook Jewellery Group Interest Expense Chart

Chow Tai Fook Jewellery Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.18 -72.07 -48.42 -43.17 -74.59

Chow Tai Fook Jewellery Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -17.54 -25.72 -28.82 -45.77 -41.90

Chow Tai Fook Jewellery Group 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-88 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.


Chow Tai Fook Jewellery Group  (OTCPK:CJEWY) 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.

Chow Tai Fook Jewellery Group's Interest Expense for the six months ended in Sep. 2023 was $-42 Mil. Its Operating Income for the six months ended in Sep. 2023 was $803 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $333 Mil.

Chow Tai Fook Jewellery Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*802.708/-41.898
=19.16

* 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.


Chow Tai Fook Jewellery Group (Chow Tai Fook Jewellery Group) Business Description

Traded in Other Exchanges
Address
16 - 18 Queen's Road Central, 33rd Floor, New World Tower, Central, Hong Kong, HKG
Chow Tai Fook Jewellery Group Ltd is engaged in the jewelry and watch business located in Mainland China. The company's geographical operating segment includes Mainland China and Hong Kong, Macau and other markets. It generates maximum revenue from Mainland China. Its product categories include ring, bands, necklace, pendant, earrings, chain, bracelet, and others. The company derives revenue from Gem-set, Gold products, Platinum/Karat gold products, and Watches.