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Huludao Zinc Industry Co (SZSE:000751) Interest Expense : ¥-200 Mil (TTM As of Dec. 2023)


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What is Huludao Zinc Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huludao Zinc Industry Co's interest expense for the three months ended in Dec. 2023 was ¥ -57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ¥-200 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. Huludao Zinc Industry Co's Operating Income for the three months ended in Dec. 2023 was ¥ 138 Mil. Huludao Zinc Industry Co's Interest Expense for the three months ended in Dec. 2023 was ¥ -57 Mil. Huludao Zinc Industry Co's Interest Coverage for the quarter that ended in Dec. 2023 was 2.43. 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.


Huludao Zinc Industry Co Interest Expense Historical Data

The historical data trend for Huludao Zinc 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.

Huludao Zinc Industry Co Interest Expense Chart

Huludao Zinc 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 -94.84 -93.20 -162.39 -200.02 -199.68

Huludao Zinc Industry 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 -82.13 -37.92 -58.97 -45.93 -56.85

Huludao Zinc 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-200 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.


Huludao Zinc Industry Co  (SZSE:000751) 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.

Huludao Zinc Industry Co's Interest Expense for the three months ended in Dec. 2023 was ¥-57 Mil. Its Operating Income for the three months ended in Dec. 2023 was ¥138 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ¥0 Mil.

Huludao Zinc Industry 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*138.38/-56.848
=2.43

* 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.


Huludao Zinc Industry Co (SZSE:000751) Business Description

Traded in Other Exchanges
N/A
Address
No. 24, Zinc Factory Road, Longgang District, Liaoning Province, Huludao, CHN, 125003
Huludao Zinc Industry Co Ltd is a non-ferrous metal smelting enterprise in Northeast China and North China. The company's main business is zinc, copper and lead smelting and deep processing of products, processing of cadmium, indium, sulfuric acid and copper sulfate comprehensive utilization products. These products are widely used in metallurgy, machinery, electronics, medicine, chemical, military and other industries, exported to more than 20 countries and regions.

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