Shandong Xinchao Energy (SHSE:600777) Interest Expense : ¥-456 Mil (TTM As of Sep. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Shandong Xinchao Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shandong Xinchao Energy's interest expense for the three months ended in Sep. 2023 was ¥ -111 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ¥-456 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. Shandong Xinchao Energy's Operating Income for the three months ended in Sep. 2023 was ¥ 993 Mil. Shandong Xinchao Energy's Interest Expense for the three months ended in Sep. 2023 was ¥ -111 Mil. Shandong Xinchao Energy's Interest Coverage for the quarter that ended in Sep. 2023 was 8.93. 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.

Shandong Xinchao Energy Interest Expense Historical Data

The historical data trend for Shandong Xinchao Energy'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.

Shandong Xinchao Energy Interest Expense Chart

Shandong Xinchao Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

13.33

-136.83

-527.25

-442.14

-431.62

Shandong Xinchao Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-83.37	-132.65	-88.25	-123.65	-111.16

Shandong Xinchao Energy 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 quarterly data reported by the company within the most recent 12 months, which was ¥-456 Mil.

Shandong Xinchao Energy (SHSE:600777) 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.

Shandong Xinchao Energy's Interest Expense for the three months ended in Sep. 2023 was ¥-111 Mil. Its Operating Income for the three months ended in Sep. 2023 was ¥993 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ¥8,120 Mil.

Shandong Xinchao Energy'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	*	993.005	/	-111.163
	=	8.93

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

Shandong Xinchao Energy (SHSE:600777) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shandong Xinchao Energy Corp Ltd (SHSE:600777) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 301, Gangcheng East Street, Floor 14, Building B, Nanshan Century Building, Laishan District, Shandong Province, Yantai, CHN

Website

http://www.xinchaoshiye.com

Shandong Xinchao Energy Corp Ltd is engaged in overseas oil and gas exploration, production, and sale.

Shandong Xinchao Energy (SHSE:600777) Headlines

No Headlines