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Jiangxi Guoguang Commercial Chains Co (SHSE:605188) Interest Expense : ¥-32 Mil (TTM As of Sep. 2023)


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What is Jiangxi Guoguang Commercial Chains Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangxi Guoguang Commercial Chains Co's interest expense for the three months ended in Sep. 2023 was ¥ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ¥-32 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. Jiangxi Guoguang Commercial Chains Co's Operating Income for the three months ended in Sep. 2023 was ¥ -6 Mil. Jiangxi Guoguang Commercial Chains Co's Interest Expense for the three months ended in Sep. 2023 was ¥ -8 Mil. Jiangxi Guoguang Commercial Chains 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.

Jiangxi Guoguang Commercial Chains Co Interest Expense Historical Data

The historical data trend for Jiangxi Guoguang Commercial Chains 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.

Jiangxi Guoguang Commercial Chains Co Interest Expense Chart

Jiangxi Guoguang Commercial Chains Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial -4.52 -3.70 -2.98 -26.30 -30.93

Jiangxi Guoguang Commercial Chains 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 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 -7.51 -6.80 -8.88 -8.29 -8.10

Jiangxi Guoguang Commercial Chains 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 ¥-32 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.

Jiangxi Guoguang Commercial Chains Co  (SHSE:605188) 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.

Jiangxi Guoguang Commercial Chains Co's Interest Expense for the three months ended in Sep. 2023 was ¥-8 Mil. Its Operating Income for the three months ended in Sep. 2023 was ¥-6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ¥661 Mil.

Jiangxi Guoguang Commercial Chains Co's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Jiangxi Guoguang Commercial Chains Co did not have earnings to cover the interest expense.

* 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.

Jiangxi Guoguang Commercial Chains Co (SHSE:605188) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jiangxi Guoguang Commercial Chains Co Ltd (SHSE:605188) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 8, Wentianxiang Avenue, Qingyuan District, Jiangxi Province, Ji'an, CHN, 343000
Website
http://www.jxggls.com
Jiangxi Guoguang Commercial Chains Co Ltd is engaged in the operation of chain supermarkets and department stores. The company has more than 50 stores in Jiangxi.

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