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Chifeng Jilong Gold Mining Co (SHSE:600988) Interest Expense : ¥-215 Mil (TTM As of Dec. 2023)


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What is Chifeng Jilong Gold Mining Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chifeng Jilong Gold Mining Co's interest expense for the three months ended in Dec. 2023 was ¥ -58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ¥-215 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. Chifeng Jilong Gold Mining Co's Operating Income for the three months ended in Dec. 2023 was ¥ 566 Mil. Chifeng Jilong Gold Mining Co's Interest Expense for the three months ended in Dec. 2023 was ¥ -58 Mil. Chifeng Jilong Gold Mining Co's Interest Coverage for the quarter that ended in Dec. 2023 was 9.72. 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.


Chifeng Jilong Gold Mining Co Interest Expense Historical Data

The historical data trend for Chifeng Jilong Gold Mining 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.

* Premium members only.

Chifeng Jilong Gold Mining Co Interest Expense Chart

Chifeng Jilong Gold Mining Co 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 -184.94 -73.35 -14.23 -176.49 -215.03

Chifeng Jilong Gold Mining 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 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 -78.56 -48.79 -47.36 -60.60 -58.27

Chifeng Jilong Gold Mining 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 ¥-215 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.


Chifeng Jilong Gold Mining Co  (SHSE:600988) 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.

Chifeng Jilong Gold Mining Co's Interest Expense for the three months ended in Dec. 2023 was ¥-58 Mil. Its Operating Income for the three months ended in Dec. 2023 was ¥566 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ¥1,629 Mil.

Chifeng Jilong Gold Mining Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*566.21/-58.274
=9.72

* 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.


Chifeng Jilong Gold Mining Co (SHSE:600988) Business Description

Traded in Other Exchanges
N/A
Address
Yulong Street, Zone 1, Block B, Jindi Business Building, Songshan District, Inner Mongolia, Chifeng, CHN
Chifeng Jilong Gold Mining Co Ltd is engaged in gold mining and resource recovery and utilization. The main products are gold, silver, antimony, palladium, rhodium and other rare metals. Geographically it operates through China.

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