GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » China Shuifa Singyes Energy Holdings Ltd (OTCPK:CSSXF) » Definitions » Interest Expense

China Shuifa Singyes Energy Holdings (China Shuifa Singyes Energy Holdings) Interest Expense : $-76.5 Mil (TTM As of Jun. 2023)


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

What is China Shuifa Singyes Energy Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Shuifa Singyes Energy Holdings's interest expense for the six months ended in Jun. 2023 was $ -36.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-76.5 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. China Shuifa Singyes Energy Holdings's Operating Income for the six months ended in Jun. 2023 was $ 46.7 Mil. China Shuifa Singyes Energy Holdings's Interest Expense for the six months ended in Jun. 2023 was $ -36.1 Mil. China Shuifa Singyes Energy Holdings's Interest Coverage for the quarter that ended in Jun. 2023 was 1.29. 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.


China Shuifa Singyes Energy Holdings Interest Expense Historical Data

The historical data trend for China Shuifa Singyes Energy Holdings'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.

China Shuifa Singyes Energy Holdings Interest Expense Chart

China Shuifa Singyes Energy Holdings 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 -58.78 -55.35 -51.14 -49.62 -76.64

China Shuifa Singyes Energy Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -27.52 -29.80 -21.00 -36.15 -40.38

China Shuifa Singyes Energy Holdings 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-76.5 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.


China Shuifa Singyes Energy Holdings  (OTCPK:CSSXF) 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.

China Shuifa Singyes Energy Holdings's Interest Expense for the six months ended in Jun. 2023 was $-36.1 Mil. Its Operating Income for the six months ended in Jun. 2023 was $46.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $747.3 Mil.

China Shuifa Singyes Energy Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*46.735/-36.145
=1.29

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. China Shuifa Singyes Energy Holdings Ltd interest coverage is 1.26, which is low.


China Shuifa Singyes Energy Holdings (China Shuifa Singyes Energy Holdings) Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, Unit 3108, 31st Floor, China Merchants Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
China Shuifa Singyes Energy Holdings Ltd is an investment holding company. The company is a professional renewable energy solution provider and building contractor. The principal activities of the company include design, fabrication, and installation of conventional curtain walls and solar projects. The operating segment includes Construction services, Sale of products, Sale of electricity and related tariff subsidy and Others. Majority revenue derived from Construction services segment.

China Shuifa Singyes Energy Holdings (China Shuifa Singyes Energy Holdings) Headlines

No Headlines