Shanghai Aerospace Automobile Electromechanical Co (SHSE:600151) Interest Expense

: ¥-90 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Aerospace Automobile Electromechanical Co's interest expense for the three months ended in Dec. 2023 was ¥ -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ¥-90 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. Shanghai Aerospace Automobile Electromechanical Co's Operating Income for the three months ended in Dec. 2023 was ¥ -100 Mil. Shanghai Aerospace Automobile Electromechanical Co's Interest Expense for the three months ended in Dec. 2023 was ¥ -24 Mil. Shanghai Aerospace Automobile Electromechanical Co 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.

Shanghai Aerospace Automobile Electromechanical Co Interest Expense Historical Data

The historical data trend for Shanghai Aerospace Automobile Electromechanical Co'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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Shanghai Aerospace Automobile Electromechanical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-99.14

-91.28

-78.42

-78.06

-89.87

Shanghai Aerospace Automobile Electromechanical Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-23.55	-17.35	-24.15	-24.11	-24.26

Shanghai Aerospace Automobile Electromechanical Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-90 Mil.

Shanghai Aerospace Automobile Electromechanical Co (SHSE:600151) 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.

Shanghai Aerospace Automobile Electromechanical Co's Interest Expense for the three months ended in Dec. 2023 was ¥-24 Mil. Its Operating Income for the three months ended in Dec. 2023 was ¥-100 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ¥1,027 Mil.

Shanghai Aerospace Automobile Electromechanical Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Shanghai Aerospace Automobile Electromechanical Co did not have earnings to cover the interest expense.

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

Shanghai Aerospace Automobile Electromechanical Co (SHSE:600151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shanghai Aerospace Automobile Electromechanical Co Ltd (SHSE:600151) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 222 Caoxi Road, Aerospace Plaza, South Building, 8F, Shanghai, CHN, 200235

Website

http://www.ht-saae.com

Shanghai Aerospace Automobile Electromechanical Co Ltd manufactures and sells solar products in China and internationally. It manufactures ingots, wafers, cells, solar modules, and solar systems. It also provides various auto parts, such as HVAC assembly products, air conditioning systems, serpentine and parallel flow condensers, serpentine heating cores, aluminum brazing heating cores and air-conditioner pipelines among other products.

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