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Huaneng Power International (HKSE:00902) Interest Expense : HK$-9,397 Mil (TTM As of Mar. 2024)


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What is Huaneng Power International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huaneng Power International's interest expense for the three months ended in Mar. 2024 was HK$ -2,198 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was HK$-9,397 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. Huaneng Power International's Operating Income for the three months ended in Mar. 2024 was HK$ 9,436 Mil. Huaneng Power International's Interest Expense for the three months ended in Mar. 2024 was HK$ -2,198 Mil. Huaneng Power International's Interest Coverage for the quarter that ended in Mar. 2024 was 4.29. 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.


Huaneng Power International Interest Expense Historical Data

The historical data trend for Huaneng Power International'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.

Huaneng Power International Interest Expense Chart

Huaneng Power International 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 -11,976.22 -10,941.09 -10,773.11 -11,124.85 -9,776.29

Huaneng Power International 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 -2,636.17 -2,444.65 -2,348.88 -2,405.09 -2,198.27

Huaneng Power International 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 HK$-9,397 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.


Huaneng Power International  (HKSE:00902) 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.

Huaneng Power International's Interest Expense for the three months ended in Mar. 2024 was HK$-2,198 Mil. Its Operating Income for the three months ended in Mar. 2024 was HK$9,436 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was HK$202,364 Mil.

Huaneng Power International'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*9435.608/-2198.265
=4.29

* 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. Huaneng Power International Inc interest coverage is 3.01, which is low.


Huaneng Power International (HKSE:00902) Business Description

Traded in Other Exchanges
Address
No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031
Huaneng Power International Inc is an independent power producer. It develops, constructs, and operates power plants in Chinese provinces, as well as a wholly-owned power company in Singapore. The reportable segments of the Group are the PRC power segment, the overseas segment and all other segments. It derives the majority of its revenue from the PRC power segment.

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