Zhejiang Chint Electrics Co (SHSE:601877) Interest Expense : ¥-1,276 Mil (TTM As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Zhejiang Chint Electrics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhejiang Chint Electrics Co's interest expense for the three months ended in Sep. 2023 was ¥ -530 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ¥-1,276 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. Zhejiang Chint Electrics Co's Operating Income for the three months ended in Sep. 2023 was ¥ 2,137 Mil. Zhejiang Chint Electrics Co's Interest Expense for the three months ended in Sep. 2023 was ¥ -530 Mil. Zhejiang Chint Electrics Co's Interest Coverage for the quarter that ended in Sep. 2023 was 4.03. 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.

Zhejiang Chint Electrics Co Interest Expense Historical Data

The historical data trend for Zhejiang Chint Electrics 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.

Zhejiang Chint Electrics Co Interest Expense Chart

Zhejiang Chint Electrics Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-539.22

-628.82

-817.94

-1,036.55

-1,218.30

Zhejiang Chint Electrics Co 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															-316.54	-320.49	-276.09	-149.47	-530.34

Zhejiang Chint Electrics 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1,276 Mil.

Zhejiang Chint Electrics Co (SHSE:601877) 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.

Zhejiang Chint Electrics Co's Interest Expense for the three months ended in Sep. 2023 was ¥-530 Mil. Its Operating Income for the three months ended in Sep. 2023 was ¥2,137 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ¥14,955 Mil.

Zhejiang Chint Electrics Co'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	*	2136.569	/	-530.34
	=	4.03

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

Zhejiang Chint Electrics Co (SHSE:601877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Chint Electrics Co Ltd (SHSE:601877) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Zhengtai Road, North White Elephant Industrial Park, Zhejiang, CHN, 325603

Website

http://www.chint.net

Zhejiang Chint Electrics Co Ltd through its subsidiaries engages in the research, development, production, and sale of low-voltage electrical products in China. The company offers Power Transformer, Gas Insulated Switchgear, Capacitor, Insulator and Cut-out Fuse among other products. The solutions provided by the company include Power Transmission and Distribution Equipment, Electric Power, Solar Power Generation System and Traffic Automation System.

Zhejiang Chint Electrics Co (SHSE:601877) Headlines

No Headlines