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Bohai Water Industry Co (SZSE:000605) Interest Expense : ¥-134 Mil (TTM As of Mar. 2024)


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What is Bohai Water Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bohai Water Industry Co's interest expense for the three months ended in Mar. 2024 was ¥ -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-134 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. Bohai Water Industry Co's Operating Income for the three months ended in Mar. 2024 was ¥ 63 Mil. Bohai Water Industry Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -28 Mil. Bohai Water Industry Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.21. 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.

Bohai Water Industry Co Interest Expense Historical Data

The historical data trend for Bohai Water Industry 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.

Bohai Water Industry Co Interest Expense Chart

Bohai Water Industry 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 -184.70 -206.03 -183.55 -132.26 -131.16

Bohai Water Industry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -25.74 -38.52 -32.46 -34.44 -28.26

Bohai Water Industry 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-134 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.

Bohai Water Industry Co  (SZSE:000605) 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.

Bohai Water Industry Co's Interest Expense for the three months ended in Mar. 2024 was ¥-28 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥63 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,243 Mil.

Bohai Water Industry Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*62.507/-28.264
=2.21

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Bohai Water Industry Co Ltd interest coverage is 1.6, which is low.

Bohai Water Industry Co (SZSE:000605) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Bohai Water Industry Co Ltd (SZSE:000605) » Definitions » Interest Expense
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SZSE:300262 SHSE:688466 SZSE:300961 SHSE:688296 SHSE:688156 SHSE:688096 SHSE:603817 SZSE:301038 SHSE:603759 SZSE:300021 AWK LSE:SVT WTRG LSE:UU. BSP:SBSP3 HKSE:00270 SHSE:601158 AWR CWT DFM:TABREED
Traded in Other Exchanges
N/A
Address
Yuanyuan East Road, Building 31, Zhujiang Lawei Town, Tongzhou District, Beijing, CHN
Website
http://www.bohai-water.com
Bohai Water Industry Co Ltd engages in engineering design, general construction contracting and subcontracting. The company also engages in urban public infrastructure planning, environmental projects, and water supply and recycling. It also holds an interest in sewage treatment and reuse of water; investment consulting; investment management; technical development; technical consulting; technical services.

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