China Environmental Technology Holdings (HKSE:00646) Interest Expense

: HK$-28.15 Mil (TTM As of Jun. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Environmental Technology Holdings's interest expense for the six months ended in Jun. 2023 was HK$ -13.74 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-28.15 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. China Environmental Technology Holdings's Operating Income for the six months ended in Jun. 2023 was HK$ -10.76 Mil. China Environmental Technology Holdings's Interest Expense for the six months ended in Jun. 2023 was HK$ -13.74 Mil. China Environmental Technology Holdings did not have earnings to cover the interest expense. 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 Environmental Technology Holdings Interest Expense Historical Data

The historical data trend for China Environmental Technology 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.

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China Environmental Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-44.49

-32.52

-25.39

-27.90

-28.15

China Environmental Technology 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																-13.02	-14.07	-13.83	-13.74	-14.41

China Environmental Technology 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 HK$-28.15 Mil.

China Environmental Technology Holdings (HKSE:00646) Interest Expense Explanation

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 Environmental Technology Holdings's Interest Expense for the six months ended in Jun. 2023 was HK$-13.74 Mil. Its Operating Income for the six months ended in Jun. 2023 was HK$-10.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was HK$138.57 Mil.

China Environmental Technology Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

China Environmental Technology Holdings did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

China Environmental Technology Holdings (HKSE:00646) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » China Environmental Technology Holdings Ltd (HKSE:00646) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

34 Tai Yau Street, Unit 901, New Tech Plaza, San Po Kong, Kowloon, Hong Kong, HKG

Website

http://www.cethl.com/en/Home

China Environmental Technology Holdings Ltd is engaged in the environmental protection business including trading of machinery and equipment, environmental protection technology, equipment system integration, cities and town wastewater treatment and project technical service, and health-related products and services. It operates through two segments, the Wastewater Treatment segment that engages in the provision of wastewater treatment plants construction and operation services, as well as the trading of wastewater treatment facilities and machinery and the provision for related services; the Healthcare segment engages in the provision of healthcare services. It mainly operates businesses in China and generates a vast majority of its revenues from the Wastewater treatment segment.

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